R-2 Multifamily Development Opportunity - Corner Lot Near Park Circle Recently zoned R-2 Multifamily by the City of North Charleston, this 0.42-acre corner lot offers exceptional potential for new multifamily development. R-2 Zoning allows for stacked apartments, row townhomes up to 8 units per building, and duplexes. A new survey has been completed marking property corners and setbacks. There are no easements. The new survey and City of North Charleston's R-2 multifamily guidelines are available under documents. Final site plan is subject to approval from City of N. Charleston Zoning and Planning.The property currently includes a house and one mobile home, all conveying at no value. It's ideally situated between Stallion Grove Apartments to the rear and Read Street Apartments to the right, with the Charleston Farms Community Center--featuring a community garden --directly across the street. This is a rare opportunity to invest early in an area experiencing rapid growth and redevelopment. Just one block away, Attaway Street connects Charleston Farms to the vibrant Park Circle community -- home to popular restaurants, nightlife, and boutique shopping.
Active contingent
Price cut: $400K (6/23)
$400,000
1628 Sumner Ave, North Charleston, SC 29406
--beds
--baths
0.42Acres
Unimproved Land
Built in ----
0.42 Acres Lot
$126,100 Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 270 days
- 47
- 1
Zillow last checked:
Listing updated:
Listed by:
AgentOwned Realty Preferred Group 843-884-7300
Source: CTMLS,MLS#: 25032366
Facts & features
Property
Lot
- Size: 0.42 Acres
- Features: Interior Lot, Level
Details
- Additional structures: Mobile Home, Residence
- Parcel number: 4731400099
- Zoning description: Multi-Family
Utilities & green energy
- Sewer: Sewer At Site
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Clubhouse
- Subdivision: Charleston Farms
Location
- Region: North Charleston
Financial & listing details
- Tax assessed value: $169,500
- Annual tax amount: $431
- Date on market: 12/13/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$126,100
$100,000 - $159,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $400,000-50% |
Source: | ||
| 6/16/2026 | Price change | $800,000-11.1% |
Source: | ||
| 4/17/2026 | Price change | $900,000-10% |
Source: | ||
| 12/13/2025 | Listed for sale | $1,000,000+2677.8% |
Source: | ||
| 11/22/2002 | Sold | $36,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $431 +5% | $1,650 +15.4% |
| 2024 | $410 +1% | $1,430 |
| 2023 | $406 +13.6% | $1,430 |
| 2022 | $358 -2.3% | $1,430 |
| 2021 | $366 -1.5% | $1,430 |
| 2020 | $372 | $1,430 +15.3% |
| 2019 | $372 | $1,240 |
| 2017 | $372 +22.6% | $1,240 |
| 2016 | $304 +2.2% | $1,240 |
| 2015 | $297 -2.8% | $1,240 |
| 2014 | $306 | -- |
| 2011 | $306 -16.7% | -- |
| 2010 | $367 -5.8% | $1,860 |
| 2009 | $390 +15.6% | $1,860 |
| 2008 | $337 +1.4% | $1,860 |
| 2006 | $332 -1.9% | $1,860 |
| 2005 | $339 +13.5% | $1,860 +38.8% |
| 2004 | $299 +2.2% | $1,340 |
| 2003 | $292 -48.3% | $1,340 -33.3% |
| 2002 | $565 +9.2% | $2,010 +16.9% |
| 2000 | $517 | $1,720 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 29406
Nearby schools
Schools provided by the listing agent
- Elementary: Matilda Dunston
- Middle: Morningside
- High: North Charleston
Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







