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1221 Sumner Avenue #A,B,C,D,E, Annette 1 & 2, 
North Charleston, SC 29406

$1,200,000


4

Beds


Bath


3,000

Sq Ft


Multi-Family

Active

Listed by

Jacob Adamczak

Dan Rivers

Maven Realty

Last updated:

July 31, 2026, 02:58 AM

MLS#

26021800

Source:

MI NGLRMLS

About This Home

1221 Sumner Avenue #A,B,C,D,E, Annette 1 & 2

See MLS (#26021782 for 5 unit) and 2 unit (5470 Annette St) for individual building listings as well! Don't miss your chance to purchase this turnkey seven-unit multifamily investment comprised of two adjacent buildings on separate parcels at 1221 Sumner Avenue and 5740 Annette Street in North Charleston. The offering includes a five-unit building and a two-unit building positioned next door, providing a total of seven (7) one-bedroom, one-bathroom units and offering future flexibility for separate ownership or disposition.The property features a stabilized rental profile with a blend of four long-term rental units, one furnished 30 day plus rental, and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow. The asset underwent a comprehensive renovation on Units C,D,E in 2024, (the other two were renovated recently before current owner purchased (~2022 and recently refreshed 2026) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. Both buildings feature concrete block construction, shingle roofs, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on just over one-third of an acre. Ideally located just minutes from Park Circle, Sumner Seven benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. Sumner Seven represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates Unit B - Similar maintenance and updates scheduled Aug 2026

Home Facts

Multi-Family

4 Bedrooms

Built in 1973

Subdivision & Development:

Charleston Farms

Price Summary

1,200,000

$400 per Sq. Ft.

MLS #:

26021800

Last Updated:

July 31, 2026, 02:58 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Interior

Living Area:

3,000 Sq. Ft.


Structure

Structure

Building Area:

3,000 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

20,473


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$400 per Sq. Ft.

Source:MI NGLRMLS
The information being provided by Northern Great Lakes REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northern Great Lakes REALTORS® Mls All rights reserved.

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Contact an Agent

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If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.