Rare Investment Opportunity on James Island!1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates.The property brings in $7,300/month in gross rental income with all 4 units rented out close to current market rates. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio.Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior. *Quadplex is Fully leased, though one of the leases is up in a few months, so an investor could live in one unit and continue renting out the others if they'd prefer to ""house-hack!""*Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets.This is your chance to own a turn-key multifamily property in an unbeatable James Island location - if this is the kind of investment you're looking to add to your portfolio, inquire for more details today!
Listing Date: 06-02-2025
Sold Date: 01-09-2026
Aprox Days on Market: 
7 month(s), 6 day(s)
Listing Sold: 
5 month(s), 11 day(s) ago
Original Asking Price: $1,199,900
Asking Price: $999,000
Selling Price: $933,500
Price Difference From Original:
Reduced By $266,400
Price Difference From Asking:
Reduced By $65,500
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Community Features: Bus Line
Year Built: 1981
Gar Pkg: Other
Interior Features: Ceiling Fan(s)
Lot Size: 0.25
Lot Size Units: Acres
Acres: 0.25
Lot Sqft: 10890
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick
Property Subtype: No
Building Area Units: Square Feet
Entry Location: Ground Level
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex, Townhouse
Beds: 8
Sold Date: 2026-01-09T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Unit Sqft: 1,063
Unit Sqft: 1,063
Unit Sqft: 1,063
Unit Sqft: 1,063
Sqft: 4254
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Central, Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Courtesy of listing office EXP Realty LLC