Residential Income at 4 Murphy Court # B, Charleston SC 29403
Residential Income at 4 Murphy Court # B, Charleston SC 29403, photo 2 of 17
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17 photos

$1,600,000

4 Murphy Court # B, Charleston SC 29403
Charleston, SC 29403
Listed by Jp Patel
Bedrooms
6
Bathrooms
N/A
Living area
N/A
Year built
1855

About this home

Turnkey duplex investment opportunity grossing over $98k a year in the heart of Charleston! Just blocks from the Medical University of South Carolina, College of Charleston, and Charleston School of Law, in one of the most consistent, high-demand rental corridors in the city. This fully leased property features two spacious 3-bedroom units with off-street parking, double piazzas, abundant natural light, and original hardwood floors. Both units have been updated with renovated kitchens and bathrooms, and major system improvements including HVAC, ductwork, insulation, and exterior work have already been completed.With strong in-place income, a solid cap rate, and clear potential for future rent growth, this is a true turnkey, cash-flowing asset from day one. Its walkable downtown location near major employers, campuses, dining, and retail drives reliable occupancy and long-term appreciation. Opportunities like this that are updated, income-producing and centrally located are becoming increasingly rare in downtown Charleston, making this a standout find for investors!

Property details

MLS
CHS Regional MLS
MLS #
26011697
Property type
Residential Income
Subdivision
Radcliffeborough
Status
Active
Days on market
166
On market date
April 23, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.06 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
Memminger Elementary
0.51 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Average (2025)
Enrollment
332
Student:teacher ratio
8.3:1
District
Charleston 01
Middle
Simmons Pinckney Middle
0.84 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.2
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Unsatisfactory (2025)
Enrollment
262
Student:teacher ratio
10.1:1
District
Charleston 01
High
Burke High
0.86 mi away · Grades 9-12
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
355
Student:teacher ratio
6.0:1
District
Charleston 01

Walkability

Blended score for 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.

73
Walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Charleston, from live MLS data.

On the market 166 days -- 138 more days than Charleston's current average of 28 days.
For reference, the median list price across 8 active listings in Charleston right now is $1,732,500.

Mortgage calculator

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

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by CHS Regional MLS via Trestle/CoreLogic. Last updated 23 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.