1182 Folly Rd Unit A,B,C,D Charleston, SC 29412
James Island NeighborhoodEstimated payment $6,239/month
Highlights
- 1.08 Acre Lot
- Forced Air Heating and Cooling System
- Ceiling Fan
- James Island Elementary School Rated A-
About This Home
Investors and multi-family buyers - take note! This rare opportunity to own TWO INCOME PRODUCING DUPLEXES with excellent Folly Road frontage with strong rental potential and development upside does not come around often.Just minutes from Folly Beach and downtown Charleston, this property features two solid brick duplexes combining for 8 bedrooms and 4 bathrooms across an acre of land. The location is unbeatable - directly across from Walmart and surrounded by dining, shopping, and daily conveniences. Units A-C are rented for $1100, $1200, and $1800 respectively. Market rent is in excess of $1800-$2000 per unit. With a value add play, potential income could easily exceed 10k. A large parking area in front provides easy access and ample space for residents.A 28' x 28' detached garage adds excellent storage, workshop, or additional living space potential, and the expansive lot is a perfect canvas for additional development. Subdivision is also a possibility as the parcel is larger than 1 acre. Cut in half, sell one income producing duplex to get your cash out quick, stabilize and maximize the remaining .5 acres. Positioned below sold $/sqf for other duplexes on James Island, the investment is priced to sell. Whether you're looking to expand your portfolio or build new, 1182 Folly Road delivers exceptional flexibility, value, upside, and redevelopment potential. Don't miss out on this prime location and opportunity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Parking
- Open Parking
Home Design
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 8 Bedrooms
- 3,000 Sq Ft Home
- Ceiling Fan
- Crawl Space
- Electric Range
- Washer Hookup
Schools
- James Island Elementary School
- Camp Road Middle School
- James Island Charter High School
Additional Features
- 1.08 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- Mccalls Corner Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | For Sale | $999,000 | -- | $333 / Sq Ft |
Source: CHS Regional MLS
MLS Number: 25028212
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