Renovated Duplex with Two
New
For Sale
$539,420
3202 Inland St., North Myrtle Beach, SC 29582
MULTI-FAMILY, North Myrtle Beach, SC
Property Size2,108 SF
Price / SF$255.89
Days on Market2
Property Features for 3202 Inland St.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Lot features
Rectangular, East of Bus. 17, Inside City Limits, East of Highway 17 Bypass
Elementary school
Ocean Drive Elementary
Middle school
North Myrtle Beach Middle School
High school
North Myrtle Beach High School
Subdivision
11A North Myrtle Beach Area--Cherry Grove
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 · Keller Williams Realty
(843) 443-9400
Listed By:
Dominic Siciliano · License #131626
(843) 353-1589
Added: Oct 5
Last Checked: Oct 6 at 7:06PM
MLS# 2624441
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 2,108-square-foot duplex contains two residences, each with a full kitchen. The upper unit has three bedrooms and two bathrooms; the lower unit has two bedrooms and two bathrooms. Renovation work includes a full interior rebuild of the first floor, with new flooring, sheetrock, paint, kitchen, and bathrooms. The upper level also has updated windows, kitchen, and bathrooms, along with refinished knotty pine walls and shiplap in the kitchen and bathrooms. A 10-by-20-foot deck serves the upper unit, and the roof dates to 2022. The property was built in 1960.
At 3202 Inland St. in North Myrtle Beach, the duplex is a short walk from Cherry Grove Beach. Cable service is available.
At 3202 Inland St. in North Myrtle Beach, the duplex is a short walk from Cherry Grove Beach. Cable service is available.
Key Highlights
- Two‑unit duplex totaling 2,108 square feet
- Upper residence: 3 bedrooms, 2 bathrooms, full kitchen, and 10x20 deck
- Lower residence: 2 bedrooms, 2 bathrooms, and full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,532
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,640
$430.6K
Cap Rate 7%
$307,600
$307.6K
Cap Rate 9%
$239,244
$239.2K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$32.4K $15.36/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$30.8K $14.59/SF
− OpEx
−$9.2K −$4.38/SF
NOI
$21.5K $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%
$430,640
Cap Rate 7%
$307,600
Cap Rate 9%
$239,244
Alternative Uses
Best Use
Multifamily LT 5
$307.6K
$269.2K – $358.9K
NOI $21,532 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$278.0K
$243.3K – $324.3K
NOI $19,460 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$534.3K
$467.5K – $623.3K
NOI $37,398 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
369
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
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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 - The residences have full kitchens and separate three-bedroom and two-bedroom layouts.
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 $539,420.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,108 square feet; Upper residence: 3 bedrooms, 2 bathrooms, full kitchen, and 10x20 deck; Lower residence: 2 bedrooms, 2 bathrooms, and full kitchen
