Four-Unit Quadplex with New
For Sale
$629,900
212 Dogwood Dr. N, Surfside Beach, SC 29575
The unit mix pairs a larger apartment with three one-bedroom residences, supported by shared laundry and parking accessed from two streets.
Property Size2,700 SF
Price / SF$233.30
Days on Market27
Property Features for 212 Dogwood Dr. N
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi Family Home
Zoning
R3
Units
Unit Mix
1 x 3BR/2BA, 3 x 1BR/1BA
Multifamily Units
4
Amenities
common laundry area
Building Details
Building Size
2,700 SF
Year Built
1964
Buildings
1
Units
4
Listing Agency:
Beach & Forest Realty
Listed By:
Chance Leith · License #82745
(843) 712-2721
Source:
Gabrielfinancial
Added: Sep 28
Changed: Oct 23
Last Checked: Oct 23 at 6:08PM
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 Beach & Forest Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property contains one three-bedroom, two-bath residence and three one-bedroom, one-bath apartments. The larger unit has its own washer and dryer hookups, while a shared ground-floor laundry area serves the one-bedroom apartments. New decks were added on both sides, and the roof was replaced in 2024. The building dates to 1964 and is zoned R3.
Parking is accessible from Dogwood Drive and Pinewood Drive. The property is three blocks from the ocean and two blocks from Surfside Drive. Its unit mix and on-site laundry areas provide a clear, practical layout across the four residences.
Parking is accessible from Dogwood Drive and Pinewood Drive. The property is three blocks from the ocean and two blocks from Surfside Drive. Its unit mix and on-site laundry areas provide a clear, practical layout across the four residences.
Key Highlights
- Four residences: one 3‑bedroom, 2‑bath unit and three 1‑bedroom, 1‑bath units
- Roof replaced in 2024; new decks on both sides
- Shared ground‑floor laundry, plus washer and dryer hookups in the 3‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,579
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,580
$551.6K
Cap Rate 7%
$393,986
$394.0K
Cap Rate 9%
$306,433
$306.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$41.5K $15.36/SF
− Vacancy
−$2.1K −$0.77/SF
EGI
$39.4K $14.59/SF
− OpEx
−$11.8K −$4.38/SF
NOI
$27.6K $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%
$551,580
Cap Rate 7%
$393,986
Cap Rate 9%
$306,433
Alternative Uses
Best Use
Multifamily LT 5
$394.0K
$344.7K – $459.7K
NOI $27,579 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$356.1K
$311.6K – $415.4K
NOI $24,924 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$684.3K
$598.8K – $798.3K
NOI $47,900 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 29575, SC
18,135
Population
16,761
Households
1.1
Avg Household Size
57
Median Age
33%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$72,029
Median Household Income
$38,182
Median Earnings
$1,234
Median Rent
$278,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix pairs a larger apartment with three one-bedroom residences, supported by shared laundry and parking accessed from two streets.
Where is this quadplex located?
The property is located at 212 Dogwood Dr. N Surfside Beach, SC.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Four residences: one 3‑bedroom, 2‑bath unit and three 1‑bedroom, 1‑bath units; Roof replaced in 2024; new decks on both sides; Shared ground‑floor laundry, plus washer and dryer hookups in the 3‑bedroom unit
