# 105 Magwood Drive, Summerville, SC 29485

> **TL;DR:** 8bd/0ba residential multi family, $620,000 ($155/sqft), built 1984, 4,010 sqft.
> A/C. Est. $2,687/mo. Listed 361 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $620,000 |
| Price/sqft | $155 |
| Bedrooms | 8 |
| Square Feet | 4,010 |
| Year Built | 1984 |
| Lot Size | 21,344 sqft (0.49 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 361 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,687 |
| **Total** | **$2,687** |

## Nearby Schools

- **Elementary:** Flowertown
- **Middle:** Gregg
- **High:** Summerville

## Key Amenities

- A/C

## Property Highlights

- Built in 1984
- 0.49 acre lot
- 2 stories

## Description

### Agent Description
Welcome to 105 Magwood Drive, a well-positioned potential investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property potentially allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,225/month Unit B: $1,500/month Unit C: $1,225/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,200 per month in gross rental income, offering the potential for immediate cash flow.Owned and meticulously maintained by the same owner for 22 years, it has benefited from $300,000 in capital improvements. The result is a fully stabilized asset with minimal maintenance concerns and immediate cash flow potential. The tenant base is remarkably stable, with average tenancies ranging from 5 to 8 years, and several long-term residents staying 12, 16, even 17 years, clear evidence of a well-managed and desirable living environment. Located just 3.7 miles from Historic Downtown Summerville, 5.5 miles from I-26, and 6.5 miles from Nexton Square, the property offers unmatched access to local amenities, shops, restaurants, and major employers. Residents will enjoy living in the Dorchester-2 School District. Whether you're seeking a turnkey 1031 exchange opportunity or a comfortable place to live while renting additional units, 105 Magwood Drive presents a compelling option in a high-growth Charleston submarket. The buyer agrees to cooperate with all documentation necessary to complete a 1031 exchange, if applicable. Proof of funds or a letter of credit (LOC) from a bank or mortgage lender is required prior to any showings or walkthroughs. *Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.

## Location

- **Address:** 105 Magwood Drive, Summerville, SC 29485
- **County:** Dorchester
- **Neighborhood:** Millbrook
- **Coordinates:** 32.97693, -80.19347
- **Google Maps:** https://www.google.com/maps?q=32.97693,-80.19347

## Listing Agent

- **Name:** Paul Kelton
- **Brokerage:** Matt O'Neill Real Estate
- **Phone:** (843) 654-7777
- **Email:** pkelton@mattoneillteam.com

## Primary Photo

![105 Magwood Drive - Primary Photo](http://lh.rdcpix.com/352e65fd5abb51c857647664677449e1l-f1619058035r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/105-magwood-drive-summerville-sc-29485-25015599)*

---

**MLS#:** 25015599 | **Updated:** 2026-06-19
**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/105-magwood-drive-summerville-sc-29485-25015599)

---

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