Residential Income at 1221 Sumner Avenue, North Charleston SC 29406
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$825,000

1221 Sumner Avenue, North Charleston SC 29406
North Charleston, SC 29406
Listed by Jacob Adamczak
Bedrooms
4
Bathrooms
N/A
Living area
N/A
Year built
1973

About this home

See portfolio listing MLS#26001453! Don't miss your chance to purchase this turnkey 5-unit multifamily investment. The offering includes five one-bedroom, one-bathroom units. The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow.The asset underwent a comprehensive renovation on Units C,D,E in 2024, (the other two were renovated recently before current owner purchased (~2022 and recently refreshed 2026) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot. Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates Unit B - Similar maintenance and updates scheduled Aug 2026

Property details

MLS
CHS Regional MLS
MLS #
26021782
Property type
Residential Income
Subdivision
Charleston Farms
Status
Active
Days on market
78
On market date
July 30, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Montessori Community School
5.97 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
264
Student:teacher ratio
14.7:1
District
Charleston 01
Middle
Morningside Middle
1.68 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
635
Student:teacher ratio
11.3:1
District
Charleston 01
High
North Charleston High
1.3 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Below Average (2025)
Enrollment
840
Student:teacher ratio
8.8:1
District
Charleston 01

Walkability

Blended score for North Charleston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

61
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,118/mo
$165,000 down
$660,000 loan
Principal & interest$4,281
Property tax (est.)$688
Home insurance (est.)$150

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Data source: Listing information provided by CHS Regional MLS via Trestle/CoreLogic. Last updated 13 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.