$2,195,000
94 Morris Street A, B, C, D
Charleston, SC 29403
MLS# 25026215
3508 sqft
Prime Downtown Location - Close to MUSC, CofC, Citadel
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Prime Downtown Location - Close to MUSC, CofC, Citadel Prime Downtown Location - Close to MUSC, CofC, Citadel Prime Downtown Location - Close to MUSC, CofC, Citadel Prime Downtown Location - Close to MUSC, CofC, Citadel Prime Downtown Location - Close to MUSC, CofC, Citadel Unit A Living Room Unit A Living Room Unit A Bedroom 1 Unit A Bedroom 1 Unit A Bedroom 2 Unit A Kitchen Unit A Kitchen Unit A Kitchen Unit A Laundry Unit A Bathroom Unit B Living Room Unit B Living Room Unit B Bedroom 1 Unit B Bathroom 1 Unit B Bedroom 2 Unit B Bathroom 2 Unit B Kitchen Unit B Kitchen Unit B Kitchen Unit B Bedroom 3 Unit B Bedroom 4 Unit B Porch Unit D Balcony Parking - Fits up to 10 cars Parking - Fits up to 10 cars Unit C Living Room Unit C Kitchen (renovated in 2018) Unit C Living Room Unit C Kitchen (renovated in 2018) Unit C Bathroom Unit C Bedroom 1 (2nd bedroom not pictured) Unit C Back Patio (potential for enclosure) Unit C Back Patio (potential for enclosure) Unit D Foyer Unit D Kitchen (Renovated in 2018) Unit D Kitchen (Renovated in 2018) Unit D Bedroom 1 Unit D Bedroom 1 Unit D Bathroom Unit D Bathroom Unit D Living Room Unit D Living Room Unit D Bedroom 2 Unit D Balcony Parking - Fits up to 10 cars

Property Description
94 Morris Street is a rare four-unit investment opportunity in downtown Charleston, just one block from MUSC and three blocks from the College of Charleston. The property offers a going-in cap rate of 6.21%, a gross rent multiplier of ~12.7x, and room for rent growth both organically and by way of enclosing the porch.Fully leased through July 2026, it offers investors immediate stability and consistent demand from students, medical professionals, and young professionals. The property features 10 bedrooms and 5 bathrooms across four units, with an uncommon downtown amenity: on-site parking for 10 cars. One unit also includes an enclosed porch that could be converted into an additional bedroom, creating future value.

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 625.71
MLS List Date: 2025-09-25
Status: Active
List Price: $2,195,000
Current Price: $2,195,000
Location, Tax & Legal
Unit #: A, B, C, D
Legal Description: 94 MORRIS
Tax Map #: 4601502034
Street #: 94
Street Name: Morris
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 63 - City of Charleston
Subdivision: None
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: North on coming, left on morris, house will be on the right after smith
General Property Info
# Stories: 2
Ground Level: Yes
Occupancy: Leased
Lease Purchase: Yes
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 4
Primary Structure Apx SqFt: 3508
Year Built: 1852
Acreage: 0.13
Income, Expenses & Fees
Gross Income: 181200
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
SqFt Source
Previous Listing: 1
Unit 1
Bedrooms: 2
Baths: 1
Unit 2
Bedrooms: 4
Baths: 2
Unit 3
Bedrooms: 2
Baths: 1
Unit 4
Bedrooms: 2
Baths: 1
Roof
Metal: 1
Exterior
Wood Siding: 1
Foundation
Crawl Space: 1
Garage/Parking
Other (Use Remarks): 1
Driveway
Blacktop: 1
Architectural Style
Quadplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Gas Range: 1
Gas Single Oven: 1
Self-Cleaning Oven: 1
Washer: 1
Cooling
Central Air: 1
Heat
Central: 1
Proposed Financing
Any: 1
Tenant Pays
All Utilities: 1
Possession
Tenants Rights: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Income Expenses Fees
Annual Expenses: 44942
Net Income: 136258
Property Features
SqFt Source: Previous Listing
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Blacktop
Architectural Style: Quadplex
Cooling: Central Air
Heat: Central
Tenant Pays: All Utilities
Proposed Financing: Any
Possession: Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
With King Street dining, shopping, and entertainment just steps away, this is a turnkey investment in one of Charleston's most desirable neighborhoods. Beyond its prime location and stable leases, this property showcases excellent management and a strong rental history. The surrounding neighborhood blends historic charm with modern convenience, making it especially attractive for long-term tenants. Investors will appreciate the low-maintenance condition and value-add potential, whether through reconfiguration of existing space or maximizing parking income. Opportunities like this rarely become available in Charleston's downtown market.94 Morris Street delivers both immediate returns and room for future growth.
IDX
Listing Office: On The Coast Realty LLC

Last Updated: December - 15 - 2025

Properties marked with IDX logo are provided courtesy of Charleston Trident 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 Charleston Trident 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-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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