🏢 Charleston, SC Multifamily Update – July 16, 2025

Good morning - this is your Charleston Multifamily Update for May 8th, 2024, covering the latest data from the past 24 hours.

Whether you’re actively buying, thinking about selling, or just keeping tabs on the market, this report gives you:

• Financing Rates: From FHA, VA, and DSCR to Commercial and Bridge Loans

• New Listings, Price Reductions, and Pending Deals: So you know what’s moving and how long it’s taking.

• Rental Activity: Because rents drive your cash flow. (this section to come in near future; working out data sources)

All data is pulled from the Charleston-Trident MLS, Crexi, Loopnet and lending sources as of the past 24 hours.

Debt & Market Pulse

If you're considering investing in multifamily properties in the Charleston, SC metro, here’s the latest on rates and financing options:

In the middle of reformatting this section - will be included in future updates

Market Overview

Active Inventory

• 103 active listings (does not include Crexi/Loopnet for now)

  • # of 2-Units: 52

  • # of 3-Units: 16

  • # of 4-Units: 21

  • # of > 5-Units: 14

• Total Pending / Under Contract: 24

  • (7) 2-Units

  • (5) 3-Units

  • (3) 4-Units

  • (1) 5-Unit

  • (3) 8-Units

  • (1) 9-Unit

  • (1) 20-Unit

  • (1) 5 lots, 3 homes

  • (1) 4-Unit - boutique hotel play

New Listings

No new listings today.

Price Adjustments

• Charleston (29403) – 2-unit dropped from $1,500,000 to $1,350,000

New Pending Deal (Past 24 Hours)

• No pending today.

Sold Transactions

• No sold today.

Thinking of Selling?

🏠 Get a Complimentary Property Evaluation – I’ll show you what your property could sell for in today’s market.
📞 Call/Text Nick Fitzpatrick at 843-957-5989 or just reply to this email to start the conversation.

Looking to Buy?

1) Let’s Find the Right Deal for You – I help investors find on-market and off-market multifamily properties across Charleston, SC and the Carolinas.
2) Reach out anytime to discuss your goals.

I run this update every weekday because I believe knowing the market is the first step to making smarter investments.
If I can help you buy, sell, or better understand your property’s value, let’s talk.

Best,

Nick Fitzpatrick

Real Estate Broker

NorthGroup Real Estate

SC # 128053 | NC # 339118