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Brick Ranch Duplex With Storage

608 22nd Ave. S North Myrtle Beach, SC 29582

608 22nd Ave. S, North Myrtle Beach, SC, 29582
$519,900
For Sale
Claim this Listing
$519,900

MULTI_FAMILY - North Myrtle Beach, SC

Property Size1,800 SF
Price / SF$288.83
AddedFeb 2
Days on Market163
Last RefreshJul 15 at 4:06 am

Property Features for 608 22nd Ave. S

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
1,800 SF

Utilities

Utilities
Cable Available

Building Details

Year built
1980
Number of units
2

Listing agent Dean Nikodemski

Listing office CB Sea Coast Advantage MB MYRTLE BEACH, SC

Listing date Feb 2, 2026

MLS# 2603069 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.

This full brick ranch-style duplex features two separate units, each with 2 bedrooms and 1 bath. Interior updates include upgraded LVP flooring, and unit A stands out with an upgraded kitchen, fresh paint, ceiling fans, and additional improvements. Exteriors include a metal roof, and the property also offers new water heaters and rear storage rooms.

Located at 608 22nd Ave. S in North Myrtle Beach, the duplex is described as within walking distance to the ocean, with a slight ocean view visible from the street. The listing also notes proximity to North Myrtle Beach amenities, dining, and entertainment.

Both apartments are currently rented through May 2027, providing ongoing occupancy at the time of sale.

Key Highlights

  • Duplex built in 1980 with 2BR/1BA in each unit
  • Full brick ranch style duplex with metal roof
  • Upgraded LVP flooring; Unit A features an upgraded kitchen, fresh paint, and ceiling fans

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 $27.6k $15.36
− Vacancy −$1.4k −$0.77
EGI $26.3k $14.59
− OpEx −$7.9k −$4.38
NOI $18.4k $10.21
1,800 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$262.7K
$229.8K – $306.4K (±1% cap)
NOI $18,386 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$237.4K
$207.7K – $276.9K (±1% cap)
NOI $16,616 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$456.2K
$399.2K – $532.2K (±1% cap)
NOI $31,933 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Electrical Service Pharmacy Plumbing Service Parking Lot & Garage Locksmith Carpet & Flooring Store Nail Salon Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Full brick duplex with 2 bedrooms and 1 bath per unit, plus metal roof, new water heaters, and rear storage rooms.
Where is this duplex located?
The property is located at 608 22nd Ave. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Duplex built in 1980 with 2BR/1BA in each unit; Full brick ranch style duplex with metal roof; Upgraded LVP flooring; Unit A features an upgraded kitchen, fresh paint, and ceiling fans
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More about this property
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