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Four-Unit Residential Income Property
For Sale
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509 3rd Ave. N, Myrtle Beach, SC 29577

Four 2-bedroom, 1-bath units, offered with Opportunity Zone benefits.

Days on Market112

Property Features for 509 3rd Ave. N

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Opportunity Zone Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Century 21 Thomas
Listed By: Scott Mathews · License #SC 46963
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 2:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Thomas

Investment Insights

Based on property information with market context.

This four-unit residential income property consists of four 2-bedroom, 1-bath units. The offering highlights the benefits of being located in a designated Opportunity Zone.

The property is east of the 17 bypass in Myrtle Beach, and is listed for sale at 509 3rd Ave. N, Myrtle Beach, NY 29577.

As a quadplex with a consistent unit mix, the building provides a straightforward configuration for generating rental income through four separate households.

Key Highlights

  • Multifamily property with four units total
  • All units are 2‑bedroom, 1 1/2‑bath layouts
  • Designated as an Opportunity Zone

Property Analytics

Current Use

Tattoos By Blaine Tattoo & Piercing Shop

Suggested Use

Top Pick Skin Care Clinic Garden Center Locksmith Electrical Service Catering Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units, offered with Opportunity Zone benefits.
Where is this quadplex located?
The property is located at 509 3rd Ave. N Myrtle Beach, SC.
What are key features of this property?
This property features: Multifamily property with four units total; All units are 2‑bedroom, 1 1/2‑bath layouts; Designated as an Opportunity Zone
(843) 273-3001 Call to check price and availability
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