515 Rutledge Ave Charleston, SC 29403
Westside NeighborhoodEstimated payment $10,346/month
Highlights
- Furnished
- Laundry Facilities
- No Heating
- Cooling Available
- Wood Siding
- 1-minute walk to Mitchell Playground
About This Home
Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 5,663 Sq Ft Lot
Parking
- Open Parking
Home Design
- Duplex
- Asphalt Roof
- Wood Siding
Interior Spaces
- 8 Bedrooms
- 3,024 Sq Ft Home
- 2-Story Property
- Furnished
- Fire Sprinkler System
Laundry
- Dryer
- Washer
Schools
- James Simons Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Cooling Available
- No Heating
Community Details
Overview
- 2 Units
- Westside Subdivision
Additional Features
- Laundry Facilities
- Gross Income $168,069
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,654 | $24,150 | $0 | $0 |
| 2023 | $6,849 | $24,150 | $0 | $0 |
| 2022 | $6,377 | $24,150 | $0 | $0 |
| 2021 | $6,298 | $24,150 | $0 | $0 |
| 2020 | $6,251 | $24,150 | $0 | $0 |
| 2019 | $5,704 | $21,000 | $0 | $0 |
| 2017 | $5,445 | $21,000 | $0 | $0 |
| 2016 | $5,265 | $21,000 | $0 | $0 |
| 2015 | $6,004 | $21,000 | $0 | $0 |
| 2014 | $5,940 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $1,799,000 | -- | $595 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $180,000 | None Available | |
| Deed | $280,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $12,000 | -- | |
| Quit Claim Deed | $18,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | $5,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $4,500 | Lowcountry Title Services Ll |
Source: CHS Regional MLS
MLS Number: 25031124
APN: 460-07-02-217
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The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2026 Charleston Trident MLS. All Rights Reserved
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Ask me questions while you tour the home.