Magwood Drive And Jedi Lane, Summerville, SC 29485 (MLS# 31007186)

Magwood Drive And Jedi Lane, Summerville, SC 29485

$1,939,500

Property Type: Commercial Sale Square Footage: 11,786 Status: Active

Current Price: $1,939,500 List Date: 10/15/2025 Last Modified: 2/16/2026

Overview

Description

Rare opportunity to acquire a 12-unit multifamily portfolio in the desirable Summerville submarket of Charleston, SC. This portfolio consists of three quadplexes, located on Magwood Drive and Jedi Lane, each featuring well-designed two-bedroom, one and a half bath units. Currently 80% occupied, the properties currently generate steady income and are ideally situated near major employers (Boeing: 13.8 miles, Volvo: 16.1 miles, and the Joint Naval Base: 17.6 miles), retail and dining (downtown Summerville: 3.7 miles and Nexton Square: 6.5 miles), and key transportation routes (I-26: 5.5 miles), offering tenants convenience. Summerville continues to experience impressive population growth, making it potentially one of the most desirable submarkets in the Charleston MSA for multifamily investment. With proven occupancy and a prime location in a high-demand rental corridor, this 12-unit portfolio has so much to offer. Whether you're looking to expand your portfolio or enter the Charlest ... (Read more)

Supplements: *Current rent rates and leasing status available upon request. *Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies. **Some images have been virtually enhanced/staged.

Listing Details MLS# 31007186

Location

Street Name: Magwood Drive And Jedi Lane
County: Dorchester
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 62 - Summerville/Ladson/Ravenel to Hwy 165
State or Province: SC
Postal Code: 29485
Parcel Number: 1530500032/1530500029/1530108001
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Listing Name: 12 Unit Multifamily Portfolio in Summerville
Number of Units Total: 12
Building Area Total: 11786
Lot Acres: 1.15
Zoning: Dorchester - N-R - Neighborhood Residential
List Price/Acre: 1686521.74
List Price/SqFt: 164.56
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2025-10-15
Original List Price: 1939500
Tax Legal Description: 1530500032/1530500029/1530108001

Building Related

Stories Total: 2
Number Of Buildings: 3

Land Related

In Flood Plain?: Yes

Status Change Info

Status Change Date: 2025-10-15

More Information

Auction Details

Auction: No

Directions & Remarks

Directions: Dorchester Rd. to Bacons Bridge rd .. Right on Heber. then right on Jedi.
Public Remarks: Rare opportunity to acquire a 12-unit multifamily portfolio in the desirable Summerville submarket of Charleston, SC. This portfolio consists of three quadplexes, located on Magwood Drive and Jedi Lane, each featuring well-designed two-bedroom, one and a half bath units. Currently 80% occupied, the properties currently generate steady income and are ideally situated near major employers (Boeing: 13.8 miles, Volvo: 16.1 miles, and the Joint Naval Base: 17.6 miles), retail and dining (downtown Summerville: 3.7 miles and Nexton Square: 6.5 miles), and key transportation routes (I-26: 5.5 miles), offering tenants convenience. Summerville continues to experience impressive population growth, making it potentially one of the most desirable submarkets in the Charleston MSA for multifamily investment. With proven occupancy and a prime location in a high-demand rental corridor, this 12-unit portfolio has so much to offer. Whether you're looking to expand your portfolio or enter the Charleston multifamily market, Magwood Drive & Jedi Lane represent a great potential investment opportunity. Sold As-Is

Property Sub Type

Multi Family: Yes

Current Use

Multi-Family: Yes

Structure Type

Multi Family: Yes
Quadruplex: Yes

Parking Type

Surface: Yes

Property Features

Property Sub Type: Multi Family Current Use: Multi-Family Structure Type: Multi Family; Quadruplex Parking Type: Surface

Documents

Property Disclosure 104 ›

Listing Office: Matt O'Neill Real Estate

Last Updated: February - 16 - 2026

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