Duplex With Upper-Level
For Sale
$599,500
2005 Havens Dr., North Myrtle Beach, SC 29582
MULTI-FAMILY, North Myrtle Beach, SC
Property Size2,520 SF
Price / SF$237.90
Days on Market217
Property Features for 2005 Havens Dr.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Lot features
Rectangular, East of Bus. 17
Elementary school
Ocean Drive Elementary
Middle school
North Myrtle Beach Middle School
High school
North Myrtle Beach High School
Subdivision
11C North Myrtle Beach Area--Crescent Beach
Standard status
Active
Size
2,520 SF
Utilities
Utilities
Cable Available
Amenities
deck
Building Details
Year built
1978
Number of units
2
Listing Agency:
Shoreline Realty
(843) 839-1111
Listed By:
David Murphy
(843) 455-6880
Added: Mar 11
Changed: Aug 31
Last Checked: Oct 13 at 4:06PM
MLS# 2606338
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 2,520-square-foot duplex contains two matching units arranged on separate floors, with one residence upstairs and the other below. Each unit includes three bedrooms and two bathrooms, creating a consistent configuration throughout the property. The upper residence also has a large deck that adds outdoor living space to the building.
Constructed in 1978, the property is located in North Myrtle Beach, South Carolina. Cable service is available, and the two-unit layout provides a straightforward multifamily configuration for residential income use.
Constructed in 1978, the property is located in North Myrtle Beach, South Carolina. Cable service is available, and the two-unit layout provides a straightforward multifamily configuration for residential income use.
Key Highlights
- Two‑unit duplex with 2,520 square feet
- Matching units, each with 3 bedrooms and 2 bathrooms
- Separate upstairs and downstairs residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,740
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,800
$514.8K
Cap Rate 7%
$367,714
$367.7K
Cap Rate 9%
$286,000
$286.0K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$38.7K $15.36/SF
− Vacancy
−$1.9K −$0.77/SF
EGI
$36.8K $14.59/SF
− OpEx
−$11.0K −$4.38/SF
NOI
$25.7K $10.21/SF
Area
Horry County, SC
Vacancy
5.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,800
Cap Rate 7%
$367,714
Cap Rate 9%
$286,000
Alternative Uses
Best Use
Multifamily LT 5
$367.7K
$321.8K – $429.0K
NOI $25,740 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$332.3K
$290.8K – $387.7K
NOI $23,263 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$638.7K
$558.8K – $745.1K
NOI $44,707 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 29582, SC
18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level income property with matching residential layouts and outdoor space above.
Where is this duplex located?
The property is located at 2005 Havens Dr. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Two‑unit duplex with 2,520 square feet; Matching units, each with 3 bedrooms and 2 bathrooms; Separate upstairs and downstairs residences
