902 Royal Tern with a rare opportunity to acquire four town-home style units in South Mount Pleasant, one of Charleston's most desirable submarkets. All comprised of 2 bed 1.5 bath. Unit B is intentionally vacant for showings/Sale. Can be leased within a week on average according to seller. All units are month-to-month for income growth potential, and current income is A ($2,200), B (Vacant), C ($1,950), D ($2200). At 1.299M, the asset reflects a 5.2% cap rate on in-place income, assuming $2250 a month rent for Unit B. Current rents are below market, with comparable two-bedroom units averaging $2,620, creating strong upside potential. Pro forma rents at market levels suggest annual income could exceed $125,760, yielding an 6.3% CAP.(Some Photos contain Ai Staging)
Active
$1,299,000
902 Royal Tern Ln #B-c-a, Mount Pleasant, SC 29464
8beds
4,310sqft
Quadruplex
Built in 1976
-- sqft lot
$-- Zestimate®
$301/sqft
$-- HOA
What's special
- 2 days
- 337
- 19
Zillow last checked:
Listing updated:
Listed by:
Align'd Properties
Source: CTMLS,MLS#: 26024359
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total structure area: 4,310
- Total interior livable area: 4,310 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
- Features: Cul-De-Sac
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Architectural
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Dominion Energy, Mt. P. W/S Comm
Community & HOA
Community
- Subdivision: Shemwood II
Location
- Region: Mount Pleasant
Financial & listing details
- Price per square foot: $301/sqft
- Date on market: 8/27/2026
- Listing terms: Any,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $1,299,000$301/sqft |
Source:  CTMLS #26024180 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.Climate risks
Neighborhood: 29464
Nearby schools
Schools provided by the listing agent
- Elementary: James B Edwards
- Middle: Moultrie
- High: Lucy Beckham
Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,488,3008 bd8 ba4.3k sqft902 Royal Tern Ln APT B, Mount Pleasant, SC 29464Off Market
- $509,5002 bd1 ba1k sqft923 Blackrail Ct APT C, Mount Pleasant, SC 29464Off Market
- $489,1002 bd1 ba1k sqft906 Royal Tern Ln APT A, Mount Pleasant, SC 29464Off Market
- $466,4002 bd1 ba900 sqft906 Royal Tern Ln APT D, Mt Pleasant, SC 29464Off Market
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