Fully Renovated Duplex with
3202 Inland St. North Myrtle Beach, SC 29582
For Sale
$615,000
MULTI_FAMILY - North Myrtle Beach, SC
Property Size2,108 SF
Price / SF$291.75
Days on Market47
Property Features for 3202 Inland St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,108 SF
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1960
- Number of units
- 2
Listing Agency:
Keller Williams The Forturro Group
(843) 443-9400
Listed By:
Dominic Siciliano · License #131626
(843) 353-1589
Added: Jun 8
Changed: Jul 1
Last Checked: Jul 24 at 6:06AM
MLS# 2614668
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.
3202 Inland St is a fully renovated duplex presented as turnkey. The property totals 5 bedrooms and is offered fully furnished, designed for immediate enjoyment or income use. Updates are described as throughout the duplex, along with two brand-new HVAC systems. Outside, the backyard is described as low-maintenance with turf grass, providing a comfortable space for guests without significant lawn upkeep.
The property is located in the Cherry Grove section of North Myrtle Beach, with the ocean described as one block away. It is offered as a residential income property in the Grand Strand area of South Carolina.
This duplex may fit buyers seeking a prepared, furnished coastal asset that can serve as either a second home with supplemental income or a vacation rental-style offering. With the residence already renovated and equipped with new HVAC systems, the stated goal is to reduce near-term replacement and operational concerns. The turf-grass backyard adds outdoor usability while keeping maintenance straightforward. Interested parties can review the unit layouts and furnishings included as part of the turnkey presentation to confirm fit for their planned use.
The property is located in the Cherry Grove section of North Myrtle Beach, with the ocean described as one block away. It is offered as a residential income property in the Grand Strand area of South Carolina.
This duplex may fit buyers seeking a prepared, furnished coastal asset that can serve as either a second home with supplemental income or a vacation rental-style offering. With the residence already renovated and equipped with new HVAC systems, the stated goal is to reduce near-term replacement and operational concerns. The turf-grass backyard adds outdoor usability while keeping maintenance straightforward. Interested parties can review the unit layouts and furnishings included as part of the turnkey presentation to confirm fit for their planned use.
Key Highlights
- Fully renovated duplex at 3202 Inland St (Cherry Grove, North Myrtle Beach) built in 1960
- Total of 5 bedrooms across the duplex
- One block from the ocean in the Cherry Grove section of North Myrtle Beach
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 | $32.4k | $15.36 |
| − Vacancy | −$1.6k | −$0.77 |
| EGI | $30.8k | $14.59 |
| − OpEx | −$9.2k | −$4.38 |
| NOI | $21.5k | $10.21 |
2,108 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.6K
$269.2K – $358.9K
NOI $21,532 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$278.0K
$243.3K – $324.3K
NOI $19,460 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$534.3K
$467.5K – $623.3K
NOI $37,398 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey furnished duplex with 5 bedrooms and new HVAC systems, described as one block from the ocean.
Where is this duplex located?
The property is located at 3202 Inland St. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Fully renovated duplex at 3202 Inland St (Cherry Grove, North Myrtle Beach) built in 1960; Total of 5 bedrooms across the duplex; One block from the ocean in the Cherry Grove section of North Myrtle Beach
