Duplex with Separate
404 34th Ave. S North Myrtle Beach, SC 29582
404 34th Ave. S, North Myrtle Beach, SC, 29582
$599,999
For Sale
$599,999
MULTI_FAMILY - North Myrtle Beach, SC
Property Size1,742 SF
Price / SF$344.43
Days on Market61
Property Features for 404 34th Ave. S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,742 SF
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1956
- Number of units
- 2
Listing Agency
Century 21 Barefoot Realty
(843) 390-2121
North Myrtle Beach, SC
Listed by
The Mills Group Team · License #288488
(843) 252-0847
Added: May 18 Checked: Jul 17 at 8:06 am
MLS# 2612739
Listing URL
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two residential levels with separate entrances on opposite sides of the home. Each level features 2 bedrooms and 2 full baths, along with its own washer and dryer. The upstairs unit is listed as being sold fully furnished.
The property is located on a lot described as oversized and is reported as outside of a flood zone, with the beach noted as being about 100 steps away. Major updates include a metal roof installed in 2017 and two HVAC systems replaced in December 2023, plus updated bathrooms and newer appliances. The lower level includes upgraded cabinetry and granite countertops.
Outside, the property includes a furnished patio area with a gas grill, providing an on-site setup for outdoor downtime.
The property is located on a lot described as oversized and is reported as outside of a flood zone, with the beach noted as being about 100 steps away. Major updates include a metal roof installed in 2017 and two HVAC systems replaced in December 2023, plus updated bathrooms and newer appliances. The lower level includes upgraded cabinetry and granite countertops.
Outside, the property includes a furnished patio area with a gas grill, providing an on-site setup for outdoor downtime.
Key Highlights
- Duplex built in 1956, just about 100 steps from the beach
- No HOA and safely outside a flood zone
- Oversized lot with separate entrances on opposite sides for two private living levels
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.8k | $15.36 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $25.4k | $14.59 |
| − OpEx | −$7.6k | −$4.38 |
| NOI | $17.8k | $10.21 |
1,742 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$254.2K
$222.4K – $296.6K
NOI $17,793 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$229.7K
$201.0K – $268.0K
NOI $16,081 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$441.5K
$386.3K – $515.1K
NOI $30,904 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex near the beach with two levels, each offering 2 bedrooms, 2 full baths, and its own washer/dryer.
Where is this duplex located?
The property is located at 404 34th Ave. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Duplex built in 1956, just about 100 steps from the beach; No HOA and safely outside a flood zone; Oversized lot with separate entrances on opposite sides for two private living levels
