Duplex with Private
400 Hillside Dr. S, North Myrtle Beach, SC 29582
For Sale
New
$1,835,000
MULTI-FAMILY, North Myrtle Beach, SC
Property Size7,896 SF
Price / SF$232.40
Days on Market3
Property Features for 400 Hillside Dr. S
General Information
Property type
Property subtype
Lot features
Elementary school
Middle school
High school
Subdivision
Standard status
Size
Utilities
Utilities
Amenities
private swimming pool
game rooms
balconies
outdoor grilling area
laundry facilities
Building Details
Year built
Number of units
Buildings
Listing Agency:
Realty ONE Group Dockside
(843) 492-4030
Listed By:
Liat Edri · License SC #6170
(843) 222-6357
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 10 at 3:06AM
MLS# 2627093
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.
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 duplex contains two residences, each arranged across three levels with eight bedrooms and seven bathrooms. Upper floors provide shared living and kitchen areas, game rooms, and laundry facilities. Each residence also has a private elevator and three balconies. A private swimming pool and outdoor grilling area serve the property. The building dates to 2006; a roof replacement was completed in 2023, and all six HVAC units have been replaced.
The property is one block from the beach and four blocks from Main Street in North Myrtle Beach. Short- and long-term rentals are permitted, and there is no HOA. Rental history documentation is available to qualified buyers, and reservations are secured for 2026.
The property is one block from the beach and four blocks from Main Street in North Myrtle Beach. Short- and long-term rentals are permitted, and there is no HOA. Rental history documentation is available to qualified buyers, and reservations are secured for 2026.
Key Highlights
- Two residences, each with 8 bedrooms and 7 bathrooms
- Private elevator and three balconies in each residence
- Shared private swimming pool and outdoor grilling area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,653
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,613,060
$1.6M
Cap Rate 7%
$1,152,186
$1.2M
Cap Rate 9%
$896,144
$896.1K
Market Conditions
NOI Build-Up for 7,896 SF
Gross rent
$121.3K $15.36/SF
− Vacancy
−$6.1K −$0.77/SF
EGI
$115.2K $14.59/SF
− OpEx
−$34.6K −$4.38/SF
NOI
$80.7K $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%
$1,613,060
Cap Rate 7%
$1,152,186
Cap Rate 9%
$896,144
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,653 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$1.04M
$911.1K – $1.21M
NOI $72,890 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,081 @ 7.0% cap · market cap 7.63%
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
2
Residential units
Location Intelligence
Trade Area within ½ mile
561
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
$370,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in North Myrtle Beach, SC
Properties on Market for Duplexes in North Myrtle Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature private elevators, multiple balconies, and flexibility for short- or long-term rentals.
Where is this duplex located?
The property is located at 400 Hillside Dr. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,835,000.
What are key features of this property?
This property features: Two residences, each with 8 bedrooms and 7 bathrooms; Private elevator and three balconies in each residence; Shared private swimming pool and outdoor grilling area
