College of Charleston students, parents, and the occasional staff often ask us for recommendations on investment properties. Regardless of who’s purchasing the home, they all seem to have the same 3 criteria:
- It must be within walking or biking distance to campus.
- The home must be in a safe area.
- The property needs to hold its value (whether it’s going to be sold in 4 years or held until retirement, it needs to be a good investment).
The Downtown Charleston real estate market is notoriously fast moving, and the best listings priced under $500K tend to go under contract the same day that they’re listed. Because Downtown homes are so unique, it also completely depends on what’s currently on the market. Unlike other go-to communities that we recommend for a College of Charleston commute like Meridian Place townhouses or The Regatta condos, it’s hard to compare or predict when a 2 bedroom unit in a century old duplex will be listed.
We’ve included below the best neighborhoods to consider that are within walking/biking distance to College of Charleston’s campus. Keep in mind that since these areas are also within walking distance to King Street and some of the most popular Downtown attractions, the high demand from home buyers creates high prices. As a result, you’ll find mostly condos and townhouses in prices under $400K rather than single family houses.
Neighborhoods Within Walking/Biking Distance to College of Charleston’s Campus
Harleston Village: Most of the College of Charleston campus is located within the parameters of this historic community.
Radcliffeborough: Also within easy walking distance of the revitalized upper King Street which boasts some of Charleston’s trendiest restaurants and shops.
Cannonborough: You’ll want to look south of Spring Street because this large neighborhood stretches all the way to Crosstown.
Another popular option is Bee Street Lofts because these newer condos offers little to no maintenance (an important factor to consider when you’re comparing the older homes that make up most of Downtown).
Schedule a Time to View Homes with The Keadle Group
You’ll find plenty of College of Charleston graduates at The Keadle Group! Most of us fell in love with the city as college students and simply never left. If you’re considering purchasing a home near CofC, contact us to set up a time!