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  • Price cut: $25K (5/5)
    $3,225,000

    265 Coming St #A & B, Charleston, SC 29403

    8beds
    7baths
    3,312sqft
    : 
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    Duplex
    Built in 2024
    -- sqft lot
    $3,145,600 Zestimate®
    $974/sqft
    $-- HOA

    What's special

    Balanced paletteDedicated off-street parkingFour off-street parking spacesAttention to scaleEnduring craftsmanshipModern efficiencyEach rising three stories
    Welcome to 265 Coming Street, a rare, turnkey investment opportunity in the heart of Downtown Charleston, featuring two newly built, architecturally refined luxury residences with long-term, secured income already in place.Both homes are fully leased from 2024 through May 2027, generating $15,700 per month and $188,400 in annual gross income with zero vacancy since construction. Unit A is leased at $7,600 per month and Unit B at $8,100 per month, and each lease includes built-in annual rent increases of $100 per bedroom. This escalated structure results in projected income of $16,500 per month and $198,000 annually for 2026, providing immediate cash flow with predictable growth. All tenants have renewed through the full multi-year lease period, offering exceptional income stability rarely found in Downtown Charleston. Constructed in 2024 by Old City Builders, one of Charleston's most respected high-end historic builders, the property blends enduring craftsmanship with modern efficiency. Designed to complement the surrounding historic fabric, both residences reflect a commitment to longevity, quality construction, and thoughtful architectural detail. Interior designer, Studio Maman Interiors, brings a refined, architectural sensibility to both homes. Her curated material selections, balanced palette, and attention to scale elevate the interiors to a level more commonly associated with primary residences or luxury short-term rentals setting these homes apart within the student rental market. Situated on an X Flood Zone lot (no flood insurance required), the property consists of two separate single-family detached structures, each rising three stories and offering dedicated off-street parking. Zoned DR-2F, the site benefits from efficient land use, modern systems, and long-term flexibility. Together, the residences total over 3,300 square feet and include eight bedrooms, seven full bathrooms, two half bathrooms, and four off-street parking spaces. Each home offers a thoughtfully designed layout that balances open living areas with private bedroom suites, creating a highly functional and durable living environment well-suited for long-term tenancy. 265 Coming Street represents a rare convergence of secure income, modern construction, architectural integrity, and design-forward execution. With long-term leases already in place through 2027, annual rent escalations, and a proven history of zero vacancy, this property offers a compelling opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.
    200 days
    |
    265
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty LLC

    Source: CTMLS,MLS#: 25032576MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Laundry: Gas Dryer Hookup, Washer Hookup
      Interior area
      • Total structure area: 3,312
      • Total interior livable area: 3,312 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car, Other
      • Garage spaces: 2
      Features
      • Stories: 3
      • Entry location: Ground Level
      Lot
      • Size: 4,791 Square Feet
      Details
      • Zoning description: Conforming

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Wood Siding
      • Foundation: Crawl Space
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Charleston Water Service, Dominion Energy

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Security System
      • Subdivision: Elliotborough
      Location
      • Region: Charleston

      Financial & listing details

      • Price per square foot: $974/sqft
      • Date on market: 12/17/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $3,145,600

        $2.99M - $3.30M

        $5,043/mo

        Price history

        DateEventPrice
        5/5/2026Price change$3,225,000-0.8%$974/sqft
        Source: CTMLS #25032576 Report a problem
        12/17/2025Listed for sale$3,250,000-4.4%$981/sqft
        Source: CTMLS #25032576 Report a problem
        8/22/2024Listing removed$3,400,000$1,027/sqft
        Source: CTMLS #24009892 Report a problem
        4/19/2024Listed for sale$3,400,000$1,027/sqft
        Source: CTMLS #24009892 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cannonborough/Elliottbororugh

        Getting around

        94 / 100
        Walker's Paradise
        49 / 100
        Some Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mitchell
        • Middle: James Simons
        • High: Burke

        Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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