183 Smith Street, Charleston, SC 29403 (MLS# 31009423)

183 Smith Street, Charleston, SC 29403

$1,725,000

Property Type: Commercial Sale Square Footage: 3,819 Status: Active

Current Price: $1,725,000 List Date: 9/14/2026 Last Modified: 9/14/2026

Overview

Description

183 Smith Street is a 3,819 SF, three-unit multifamily asset in Cannonborough-Elliottborough, on the Charleston peninsula two blocks from MUSC and within walking distance of the College of Charleston and the Upper King commercial corridor. The property comprises two separate buildings on a single 0.12-acre parcel: a detached two-story single house fronting Smith Street (4BR/2BA, 1,486 SF) and a two-unit building to the rear (183½ A and B, 3BR/1BA each, 1,166 SF per unit). Ten bedrooms total with off-street parking. **In-place income, fully documented.** The property is 100% occupied at $13,100 per month -- $157,200 annualized -- with all three leases written through July 31, 2027. Blended rent is $3.43/SF/month across a tight $3.36-$3.52 band, so no unit is carrying the roll. Normalized trailing-twelve available with NDA. **Condominium-regime optionality.** Because the front house is fully detached from the rear duplex, the parcel may support a three-unit horizontal property reg ... (Read more)

Listing Details MLS# 31009423

Location

Street Number: 183
Street Name: Smith
Street Suffix: Street
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 460-15-02-026
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Listing Name: 183 Smith St Triplex - Two Buildings - Near MUSC/CofC.
Property Condition: Existing
Number of Units Total: 3
Building Area Total: 3819
Typical SqFt Per Floor: 1200
Gross Rent Multiplier: 11
Zoning: City of Charleston - DR-2F - Diverse Residential (Front Yards Required)
Property Visibility: Excellent
List Price/SqFt: 451.69
Opt In to Crexi?: No

Contract Information

Listing Contract Date: 2026-09-13
Original List Price: 1725000
Tax Legal Description: 183 Smith Street

Building Related

Percent Occupied: 100
General Condition: Good
Stories Total: 2
Year Built: 1998
Parking Total: 4
Number Of Buildings: 2

Land Related

Part of Planned Development?: No
In Flood Plain?: Yes

Status Change Info

Status Change Date: 2026-09-14

More Information

Auction Details

Auction: No

Area and Location

Airports: CHS

Building Detail

Sprinklers: None

Property Features

Property Sub Type: Multi Family Current Use: Multi-Family; Residential; Student Housing Structure Type: Mixed Use; Triplex Parking Type: Surface Internet Access: Cable; Fiber Optic Lot Features: Level Road Frontage Type: City Street Road Surface Type: Asphalt Water Source: Public Sewer: Public Sewer

Listing Office: King and Society Real Estate

Last Updated: September - 14 - 2026

Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.