NOT LISTED FOR SALE

515 Rutledge Ave Charleston, SC 29403

Westside Neighborhood

Estimated Value: $1,688,883

8 Beds
2 Baths
3,024 Sq Ft
$558/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2026

Last sale price $1,675,000 $554 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,245 / mo

125 Days on Market

Highlights

  • Furnished
  • Wood Siding
  • 1-minute walk to Mitchell Playground
  • Laundry Facilities
  • No Heating

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Seantell Dorsey

Agent Group Realty License #141125 Listed on: 11/22/2025

Last Buyer's Agent

Seantell Dorsey

Agent Group Realty License #141125 Listed on: 11/22/2025

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1930
  • Lot Size Acres: 0.13
  • Inclusions: All Furniture
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Westside
  • Directions: From I-26 East, Take Exit 221a Toward Us-17s. Continue Onto Septima P. Clark Parkway/us17. Take A Slight Right Onto Sheppard Street And 515 Rutledge Is Located Just Across From The Traffic Light.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: Other
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 168069

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2025
Closed on
Jun 3, 2026
Sold by
Charleston Development Company Llc
Bought by
Seller's Agent
Seantell Dorsey
Agent Group Realty
Buyer's Agent
Seantell Dorsey
Agent Group Realty
List Price
$1,799,000
Sold Price
$1,675,000
Premium/Discount to List
-$124,000
-6.89%
Views
84
Current Estimated Value
$1,688,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,883
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Sep 28, 2006
Sold by
Wilford John M
Bought by
Charleston Development Co Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
515 Rutledge Llc
Bought by
Wilford John M

Purchase Details

Closed on
Mar 1, 2004
Sold by
White Odell and Coaxum Odell White
Bought by
515 Rutledge Llc

Purchase Details

Closed on
May 1, 2003
Sold by
Jones Odessa Louise and Jones Aaron Nathaniel
Bought by
Jenkins Russell

Purchase Details

Closed on
Nov 6, 2002
Sold by
Goggins Swinton Carolyn B
Bought by
Jenkins Russell

Purchase Details

Closed on
Sep 11, 2002
Sold by
Frederick Anna Jones
Bought by
Jenkins Russell

Purchase Details

Closed on
Jul 3, 2002
Sold by
Coaxum Jeannette
Bought by
Jenkins Russell

Purchase Details

Closed on
Oct 17, 2001
Sold by
Coaxum James Leroy and Coaxum James L
Bought by
Jenkins Russell
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westside, SC

  • Danielle Nichols Real Estate Agent - Carolina One Real Estate

    Danielle Nichols

    Carolina One Real Estate

    (854) 205-3779

    97 Total Sales

    1 in Westside

    $825,000 Price

    Danielle Nichols
     Section Image
  • Michele Singletary Real Estate Agent - The Boulevard Company

    Michele Singletary

    The Boulevard Company

    (843) 948-5574

    27 Total Sales

    2 in Westside

    $763K - $970K Price Range

    Michele Singletary
     Section Image
  • Jay Canady Real Estate Agent - Keller Williams Realty Charleston West Ashley

    Jay Canady

    Keller Williams Realty Charleston West Ashley

    (854) 205-2544

    38 Total Sales

    1 in Westside

    $325,000 Price

    Jay Canady
     Section Image
  • Chris Facello Real Estate Agent - Carolina One Real Estate

    Chris Facello

    Responds Quickly

    Carolina One Real Estate

    (864) 385-1496

    387 Total Sales

    1 in Westside

    $450,000 Price

    Chris Facello
     Section Image
  • Andrea Ulmer Real Estate Agent - Coldwell Banker Realty

    Andrea Ulmer

    Coldwell Banker Realty

    (843) 738-1457

    90 Total Sales

    1 in Westside

    $622,500 Price

    Andrea Ulmer
     Section Image
  • Stella Tuten Real Estate Agent - Keller Williams Realty Charleston West Ashley

    Stella Tuten

    Keller Williams Realty Charleston West Ashley

    (854) 202-9192

    60 Total Sales

    2 in Westside

    $1M - $1.4M Price Range

    Stella Tuten
     Section Image
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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 Buyer Sale Price Title Company
$1,675,000 None Listed On Document
Charleston Development Co Llc $180,000 None Available
Wilford John M $280,000 --
515 Rutledge Llc -- --
Jenkins Russell $12,000 --
Jenkins Russell $18,000 --
Goggins Swinton Carolyn B -- --
Jenkins Russell $5,000 --
Jenkins Russell -- --
Jenkins Russell $4,500 Lowcountry Title Services Ll
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $400,000
Source: Public Records

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
06/04/2026 06/04/26 Sold $1,675,000 -6.9% $554 / Sq Ft
11/22/2025 11/22/25 For Sale $1,799,000 -- $595 / Sq Ft
Source: CHS Regional MLS

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
Source: Public Records

Agents Affiliated with this Home

  • SD

    Seller's Agent in 2026

    Seantell Dorsey

    Agent Group Realty

    (803) 767-0835

    2 in this area

    2 Total Sales

    Seantell Dorsey
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Map

Source: CHS Regional MLS

MLS Number: 25031124

CHS Regional MLS

APN: 460-07-02-217

South Carolina Charleston County Charleston 29403 Westside

515 Rutledge Ave, Charleston, SC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS 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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