# 651 King Street, Charleston, SC 29403

> **TL;DR:** 5bd/0ba residential multi family, $4,695,000 ($1104/sqft), built 2024, 4,253 sqft.
> A/C. Est. $20,345/mo. Listed 6 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,695,000 |
| Price/sqft | $1104 |
| Bedrooms | 5 |
| Square Feet | 4,253 |
| Year Built | 2024 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 6 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $20,345 |
| **Total** | **$20,345** |

## Nearby Schools

- **Elementary:** James Simons
- **Middle:** Simmons Pinckney
- **High:** Burke

## Key Amenities

- A/C

## Property Highlights

- Built in 2024
- 0.05 acre lot
- 3 stories

## Description

### Agent Description
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

## Location

- **Address:** 651 King Street, Charleston, SC 29403
- **County:** Charleston
- **Neighborhood:** Cannonborough
- **Coordinates:** 32.795073, -79.943123
- **Google Maps:** https://www.google.com/maps?q=32.795073,-79.943123

## Listing Agent

- **Name:** Jonathan Holt
- **Brokerage:** Keller Williams Realty Charleston West Ashley
- **Phone:** (843) 737-6780
- **Email:** jon@charlestondigs.com

## Primary Photo

![651 King Street - Primary Photo](http://lh.rdcpix.com/c469bc53a68883c09778f40e3a31a15bl-f7697435r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/651-king-street-charleston-sc-29403-26017763)*

---

**MLS#:** 26017763 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/651-king-street-charleston-sc-29403-26017763)

---

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