Triplex with Three Rental
404 13th Ave. S Myrtle Beach, SC 29577
404 13th Ave. S, Myrtle Beach, SC, 29577
$599,900
For Sale
$599,900
MULTI_FAMILY - Myrtle Beach, SC
Property Size3,700 SF
Lot Size0.25 Acres
Price / SF$162.14
Days on Market417
Property Features for 404 13th Ave. S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Standard status
- Active
- Size
- 3,700 SF
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1980
- Number of units
- 3
Listing Agency
Sloan Realty Group
(843) 213-1346
Myrtle Beach, SC
Listed by
Blake Sloan
(843) 222-9265
Added: May 28, 2025 Checked: Jul 18 at 11:06 am
MLS# 2513194
Listing URL
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.
404 13th Ave. S in Myrtle Beach presents a three-unit triplex configuration with one main home and two separate back units. The front/main residence offers 3 bedrooms, 2 bathrooms, and over 2,100 heated square feet of living space, and includes a cozy fireplace. Behind the main house are two additional units, each with 2 bedrooms and 1 bathroom, creating three rentable units total. The property also features a large storage shed and an oversized carport, set on a quarter-acre lot.
The address is located about 1,000 feet from the sandy shores of the Atlantic, offering a beach-close setting for day-to-day enjoyment. The property is presented as having no HOA.
With three separate residential units on one parcel, this setup can support multiple rental streams within a single ownership.
The address is located about 1,000 feet from the sandy shores of the Atlantic, offering a beach-close setting for day-to-day enjoyment. The property is presented as having no HOA.
With three separate residential units on one parcel, this setup can support multiple rental streams within a single ownership.
Key Highlights
- Multi‑family property built in 1980 with 3 rentable units and no HOA
- Main home offers 3 bedrooms, 2 bathrooms, and 2,100+ heated SF
- Behind the main house are two separate 2‑bedroom, 1‑bath units
Local 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 | $56.8k | $15.36 |
| − Vacancy | −$2.8k | −$0.77 |
| EGI | $54.0k | $14.59 |
| − OpEx | −$16.2k | −$4.38 |
| NOI | $37.8k | $10.21 |
3,700 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.9K
$472.4K – $629.9K
NOI $37,793 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$487.9K
$427.0K – $569.3K
NOI $34,156 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$937.7K
$820.5K – $1.09M
NOI $65,641 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multi-family property with a main 3BR/2BA home plus two 2BR/1BA units and no HOA.
Where is this triplex located?
The property is located at 404 13th Ave. S Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Multi‑family property built in 1980 with 3 rentable units and no HOA; Main home offers 3 bedrooms, 2 bathrooms, and 2,100+ heated SF; Behind the main house are two separate 2‑bedroom, 1‑bath units
