New Construction Duplex with Private
For Sale
$799,000
581 Bend Ave., Murrells Inlet, SC 29576
MULTI-FAMILY, Murrells Inlet, SC
Property Size3,205 SF
Price / SF$249.30
Days on Market118
Property Features for 581 Bend Ave.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Lot features
Corner, Rectangular, East of Bus. 17
Elementary school
Waccamaw Elementary School
Middle school
Waccamaw Middle School
High school
Waccamaw High School
Subdivision
40A Murrells Inlet - Georgetown County
Standard status
Active
Size
3,205 SF
Utilities
Utilities
Cable Available
Building Details
Year built
2024
Number of units
2
Listing Agency:
King Fish Properties, Inc.
Listed By:
Jess Fisher · License #78169
(843) 446-6833
Added: Jun 18
Changed: Aug 19
Last Checked: Oct 13 at 3:06PM
MLS# 2615642
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.
Completed in 2024, this 3,205-square-foot duplex at 581 Bend Ave. contains two matching three-bedroom, three-bath residences. Each layout places two bedrooms and two bathrooms upstairs, with an additional bedroom and full bathroom on the main level. Interior finishes include luxury vinyl plank flooring, white shaker cabinets, quartz countertops, and stainless steel appliances, along with open living areas. Each unit also includes a private patio and fenced yard.
The property has no homeowners association or monthly association fees. The Marsh Walk, Crazy Sister Marina, a public boat ramp, Waccamaw Community Hospital, shopping, and Huntington Beach State Park are located nearby. The two-unit configuration supports owner occupancy in one residence while the other is rented, or rental use of both units.
The property has no homeowners association or monthly association fees. The Marsh Walk, Crazy Sister Marina, a public boat ramp, Waccamaw Community Hospital, shopping, and Huntington Beach State Park are located nearby. The two-unit configuration supports owner occupancy in one residence while the other is rented, or rental use of both units.
Key Highlights
- 2024‑built duplex totaling 3,205 square feet
- Two matching units, each with 3 bedrooms and 3 full bathrooms
- Each residence includes two upstairs bedrooms, two upstairs baths, and a main‑level bedroom and bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,737
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,740
$654.7K
Cap Rate 7%
$467,671
$467.7K
Cap Rate 9%
$363,744
$363.7K
Market Conditions
NOI Build-Up for 3,205 SF
Gross rent
$49.2K $15.36/SF
− Vacancy
−$2.5K −$0.77/SF
EGI
$46.8K $14.59/SF
− OpEx
−$14.0K −$4.38/SF
NOI
$32.7K $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%
$654,740
Cap Rate 7%
$467,671
Cap Rate 9%
$363,744
Alternative Uses
Best Use
Multifamily LT 5
$467.7K
$409.2K – $545.6K
NOI $32,737 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$422.7K
$369.8K – $493.1K
NOI $29,586 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$812.3K
$710.7K – $947.7K
NOI $56,859 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 29576, SC
32,476
Population
22,097
Households
1.5
Avg Household Size
61
Median Age
32%
College-Educated
96%
High-School Grad
30.5 sq mi
ZIP Area
1,065
Density / Sq Mi
$70,343
Median Household Income
$36,352
Median Earnings
$1,467
Median Rent
$315,700
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 - 2024 property features two three-bedroom units, flexible occupancy, and no HOA fees.
Where is this duplex located?
The property is located at 581 Bend Ave. Murrells Inlet, SC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2024‑built duplex totaling 3,205 square feet; Two matching units, each with 3 bedrooms and 3 full bathrooms; Each residence includes two upstairs bedrooms, two upstairs baths, and a main‑level bedroom and bath
