All-Brick Duplex Investment
4559 Tarpon Bay Rd. Myrtle Beach, SC 29579
New
4559 Tarpon Bay Rd., Myrtle Beach, SC, 29579
$279,950
For Sale
$279,950
MULTI_FAMILY - Myrtle Beach, SC
Property Size1,551 SF
Price / SF$180.50
Days on Market3
Property Features for 4559 Tarpon Bay Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Assigned
- Standard status
- Active
- Size
- 1,551 SF
Building Details
- Year built
- 1982
- Number of units
- 2
Listing agency
Beach One Realty LLC
(843) 213-1720
Listed by
Darya Wojtyra · License #83146
(843) 385-3038
Added: Jul 21 Checked: Jul 23 at 3:06AM
MLS# 2618228
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 well-maintained all-brick duplex provides two separate units designed for independent access. Each unit features a private entrance and dedicated parking, supported by functional floor plans and low-maintenance brick construction.
The property is located on a spacious lot with no HOA, just off Forestbrook Road. Access is described as convenient to Highways 501, 31, and 707, with beaches, shopping, dining, golf courses, healthcare, schools, and other Myrtle Beach attractions positioned as minutes away.
Offered for sale as a duplex in Myrtle Beach, the configuration supports a range of residential income approaches, including owner-occupancy with a rental unit, based on the separate entrances and dedicated parking for each side.
The property is located on a spacious lot with no HOA, just off Forestbrook Road. Access is described as convenient to Highways 501, 31, and 707, with beaches, shopping, dining, golf courses, healthcare, schools, and other Myrtle Beach attractions positioned as minutes away.
Offered for sale as a duplex in Myrtle Beach, the configuration supports a range of residential income approaches, including owner-occupancy with a rental unit, based on the separate entrances and dedicated parking for each side.
Key Highlights
- All‑brick duplex built in 1982
- No HOA
- Each unit has a private entrance
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 | $23.8k | $15.36 |
| − Vacancy | −$1.2k | −$0.77 |
| EGI | $22.6k | $14.59 |
| − OpEx | −$6.8k | −$4.38 |
| NOI | $15.8k | $10.21 |
1,551 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.3K
$198.0K – $264.1K
NOI $15,843 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$204.5K
$179.0K – $238.6K
NOI $14,318 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$393.1K
$344.0K – $458.6K
NOI $27,516 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - All-brick duplex with two units, each offering a private entrance and dedicated parking on a lot with no HOA.
Where is this duplex located?
The property is located at 4559 Tarpon Bay Rd. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $279,950.
What are key features of this property?
This property features: All‑brick duplex built in 1982; No HOA; Each unit has a private entrance
