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$1,299,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 8 Beds
  • 4,310 Sq. Ft.
  • 0.16 Acres
  • Updated 6 hours ago
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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.

Full Property Details for 902 Royal Tern Ln #A B C D

General

  • Price: $1,299,000
  • Status: Active
  • Type: Townhouse
  • Source: Charleston_Trident_MLS
  • MLS ID: 26024180
  • Updated: 8/26/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)

Rooms

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Location

  • Area: 42 - Mt Pleasant S of IOP Connector
  • County: Charleston
  • Subdivision: Shemwood II

School Information

  • Elementary School: James B Edwards
  • Middle School: Moultrie
  • High School: Lucy Beckham

Community

  • Community Name: 42 - Mt Pleasant S of IOP Connector

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Dominion Energy, Mt. P. W/S Comm

Structural Information

  • Structure Type: Quadruplex, Townhouse
  • Construction: Stucco
  • Foundation: Slab
  • Roof: Architectural
  • Stories/Levels: 2
  • Building Size: 4310
  • Square Feet: 4,310
  • Year Built: 1976

Unit Information

Unit 1

  • Square Feet: 1077
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 1077
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 1077
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 1077
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969

Financial Considerations

  • Terms: Any, Cash, Conventional

Listed by Align'd Properties

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— 902 Royal Tern Ln #A B C D —

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NMLS#: 1598647

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Schools serving 902 Royal Tern Ln #A B C D

School District:Charleston County School District
NameGradesDistance
Mt. Pleasant Academy
605 Center Street, Mount Pleasant, SC 29464
PK-51.6 mi
Moultrie Middle School
645 Coleman Boulevard, Mount Pleasant, SC 29464
6-81.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 902 Royal Tern Ln #A B C D Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/24/2026
Listed
$1,299,000
138.35%
MLS
6/22/2018
Sold
$545,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 902 Royal Tern Ln #A B C D

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,597
16%
$32,700
—
2023
$8,284
6%
$32,700
—
2022
$7,807
—
$32,700
—
2021
$7,801
1%
$32,700
—
2020
$7,709
69%
$32,700
75%
2018
$4,574
2%
$18,640
—
2017
$4,468
1%
$18,640
—
2016
$4,408
7%
$18,640
—
2015
$4,114
18%
$18,640
15%
2012
$3,497
—
$16,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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902 Royal Tern Lane #A B C D, Mount Pleasant, SC 29464 (MLS# 26024180) is a Townhouse property with 8 bedrooms and 0 full bathrooms. 902 Royal Tern Lane #A B C D is currently listed for $1,299,000 and was received on August 24, 2026. Want to learn more about 902 Royal Tern Lane #A B C D? Do you have questions about finding other Townhouse real estate for sale in Mount Pleasant? You can browse all Mount Pleasant real estate or contact a Coldwell Banker agent to request more information.

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