918 Sea Gull Drive #A-D, Mount Pleasant, SC 29464 - Photo 1

1/1

$1,170,000

Sold
Closed
Multi-Family
4 Units
10 Total Beds

1/1

Property Description

918 Sea Gull Drive presents investors with a rare opportunity to acquire a stabilized Quadplex in South Mount Pleasant, one of Charleston's most desirable submarkets. Comprised of two 3-bedroom / 1.5-bath units and two 2-bedroom / 1-bath units, collectively generating $8,000 per month ($96,000 annually) in current income. At 1.2m, the asset reflects a 6.3% cap rate on in-place income, assuming a 35% expense ratio. All tenants are on month-to-month leases, providing immediate flexibility for rental growth. Current rents are below market, with comparable two-bedroom units averaging $2,620 and three-bedroom units averaging $2,980, creating strong upside potential. Pro forma rents at market levels suggest annual income could exceed $136,800, yielding an 8.3% cap.

Full Property Details

Full Property Details for 918 Sea Gull Dr #A-D

General

Sold For: $1,170,000
Status: Closed
Type: Multi-Family
Source: Charleston_Trident_MLS
MLS ID: 25027072
Added to Site: 101 day(s) ago

Rooms

Bedrooms

Total Bedrooms: 10

Location

Area: 42 - Mt Pleasant S of IOP Connector
County: Charleston
Subdivision: Shemwood
Driving Directions: Take Chuck Dawley Boulevard To Sea Gull Dr.

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: Central

Utilities

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

Structural Information

Structure Type: Quadruplex
Construction: Brick
Foundation: Slab
Roof: Asphalt
Stories/Levels: 2
Building Size: 4368
Square Feet: 4,368
Year Built: 1976

Unit Information

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Unit 3

Total Bathrooms: 1
Bedrooms: 3

Unit 4

Total Bathrooms: 1
Bedrooms: 3

Lot Features

Lot Size (Acres): 0.22
Lot Size (Sq. Ft.): 9,583

Financial Considerations

Terms: Cash, Conventional

Listed by Three Real Estate LLC
Sold by Matt O'Neill Real Estate

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agents

— 918 Sea Gull Dr #A-D —

Three Real Estate LLC
Three Real Estate LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 918 Sea Gull Dr #A-D

School District:Charleston County School District

Name	Grades	Distance
Mt. Pleasant Academy 605 Center Street, Mount Pleasant, SC 29464	PK-5	1.6 mi
Moultrie Middle School 645 Coleman Boulevard, Mount Pleasant, SC 29464	6-8	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 918 Sea Gull Dr #A-D

Date

Details

Price

Change

Source

12/18/2025

Sold

$1,170,000

-2.42%

MLS

10/06/2025

Listed

$1,199,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

2218 Myrtle Ave, Sullivans Island, SC 29482 - Photo 1

Just Listed

$3,224,750

Open House

2218 Myrtle Ave Sullivans Island, SC 29482

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths

Listed by King and Society Real Estate

540 Helmsman St, Daniel Island, SC 29492 - Photo 1

Just Listed

$1,715,000

540 Helmsman St #1231 Daniel Island, SC 29492

Condo
Active
Updated 6 days ago

2
Beds
2
Total Baths

Listed by East West Realty, LLC

9000 Palmetto Dr, Isle Of Palms, SC 29451 - Photo 1

Just Listed

$729,000

Open House

9000 Palmetto Dr #G203 Isle Of Palms, SC 29451

Condo
Active
Updated 10 hours ago

1
Bed
1
Total Bath

Listed by Keller Williams Realty Charleston

1300 Ocean Blvd, Isle Of Palms, SC 29451 - Photo 1

Just Listed

$595,000

1300 Ocean Blvd #107 Isle Of Palms, SC 29451

Condo
Active
Updated 3 days ago

1
Bed
1
Total Bath

Listed by Salmonsen Realty

6 Ocean Park Ct, Isle Of Palms, SC 29451 - Photo 1

6 Ocean Park Ct Isle Of Palms, SC 29451

Single Family
Active
Updated 6 hours ago

3
Beds
2
Total Baths

Listed by Carolina One Real Estate

409 Yacht Harbor Ct, Isle Of Palms, SC 29451 - Photo 1

Price Reduced

-$26,000 (-3.15%)

$799,000

409 Yacht Harbor Ct #409 Isle Of Palms, SC 29451

Condo
Active
Updated 5 days ago

2
Beds
2
Total Baths

Listed by St. Germain Properties LLC

3402 Hartnett Blvd, Isle Of Palms, SC 29451 - Photo 1

Price Reduced

-$100,000 (-4.76%)

$2,000,000

3402 Hartnett Blvd Isle Of Palms, SC 29451

Single Family
Active
Updated 5 hours ago

5
Beds
3
Total Baths

Listed by Dunes Properties of Chas Inc

861 Dunham St, Daniel Island, SC 29492 - Photo 1

Price Reduced

-$150,000 (-4.84%)

$2,950,000

861 Dunham St Daniel Island, SC 29492

Single Family
Active
Updated 6 days ago

3
Beds
4
Total Baths

Listed by iSave Realty

1291 Old Colony Rd, Mount Pleasant, SC 29464 - Photo 1

Sold

$1,130,000

1291 Old Colony Rd Mount Pleasant, SC 29464

Single Family
Closed
Updated 9 days ago

4
Beds
2
Total Baths

Listed by Tabby Realty LLC
Sold by Pam Caldes

958 Night Heron Dr, Mount Pleasant, SC 29464 - Photo 1

Sold

$1,000,000

958 Night Heron Dr Mount Pleasant, SC 29464

Single Family
Closed

3
Beds
2
Total Baths

Listed by Rachel Urso Real Estate LLC
Sold by Dunes Properties of Chas Inc

1261 Gannett Rd, Mount Pleasant, SC 29464 - Photo 1

Sold

$1,200,000

1261 Gannett Rd Mount Pleasant, SC 29464

Single Family
Closed

4
Beds
4
Total Baths

Listed by Carolina One Real Estate
Sold by Carolina One Real Estate

1101 Quiet Rd, Mount Pleasant, SC 29464 - Photo 1

Sold

$1,100,000

1101 Quiet Rd Mount Pleasant, SC 29464

Single Family
Closed

4
Beds
3
Total Baths

Listed by Rolina Homes LLC
Sold by The Boulevard Company

918 Sea Gull Drive #A-D, Mount Pleasant, SC 29464 (MLS# 25027072) is a Multi-Family property that was sold at $1,170,000 on December 18, 2025. Want to learn more about 918 Sea Gull Drive #A-D? Do you have questions about finding other Multi-Family 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.

918 Sea Gull Dr #A-D Mount Pleasant, SC 29464