$999,000

1182 Folly Road A,B,C,D, Charleston, SC 29412

  • 8 beds
  • 3,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon1.08acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $333/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Investors and multi-family buyers - take note! This rare opportunity to own TWO INCOME PRODUCING DUPLEXES with excellent Folly Road frontage with strong rental potential and development upside does not come around often.Just minutes from Folly Beach and downtown Charleston, this property features two solid brick duplexes combining for 8 bedrooms and 4 bathrooms across an acre of land. The location is unbeatable - directly across from Walmart and surrounded by dining, shopping, and daily conveniences. Units A-C are rented for $1100, $1200, and $1800 respectively. Market rent is in excess of $1800-$2000 per unit. With a value add play, potential income could easily exceed 10k. A large parking area in front provides easy access and ample space for residents.A 28' x 28' detached garage adds excellent storage, workshop, or additional living space potential, and the expansive lot is a perfect canvas for additional development. Subdivision is also a possibility as the parcel is larger than 1 acre. Cut in half, sell one income producing duplex to get your cash out quick, stabilize and maximize the remaining .5 acres. Positioned below sold $/sqf for other duplexes on James Island, the investment is priced to sell. Whether you're looking to expand your portfolio or build new, 1182 Folly Road delivers exceptional flexibility, value, upside, and redevelopment potential. Don't miss out on this prime location and opportunity.

Listing Status:
Active
Date Added:
October 17, 2025 at 05:00AM
Listing Office:
Real Broker, LLC :
MLS ID:
25028212
  • General: Ceiling Fan(s)
  • Laundry: Washer Hookup
  • A/C: Central Air
  • Heating: ElectricForced Air
  • General: None
  • Parking: Other
  • Roofing: Asphalt
  • General: BrickCrawl Space
  • Originating MLS: CHS Regional MLS
  • County: Charleston
  • Utilities: Charleston Water ServiceDominion EnergyJames IS PSD
  • Water: Public
  • Sewer: Public Sewer
  • Source: CHS Regional MLS

This listing courtesy of Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James Island Elementary School

1872 S Grimball Rd, Charleston, SC, 29412

Grades PK-5

1.47 miles away

C

Camp Road Middle School

1825 Camp Rd, Charleston, SC, 29412

Grades 6-8

0.89 miles away

J

James Island Charter High School

1000 Fort Johnson Rd, Charleston, SC, 29412

Grades 9-12

1.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.