608 22nd Ave. S North Myrtle Beach, SC 29582
MULTI_FAMILY - North Myrtle Beach, SC
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 (704) 904-4767
Listing office CB Sea Coast Advantage MB MYRTLE BEACH, SC (843) 449-9494
Listing date Feb 2, 2026
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.
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 |