Brick Duplex Near
For Sale
$500,000
608 22nd Ave. S, North Myrtle Beach, SC 29582
MULTI-FAMILY, North Myrtle Beach, SC
Property Size1,800 SF
Price / SF$277.78
Days on Market254
Property Features for 608 22nd Ave. S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
Crescent Beach
Lot features
Rectangular, East of Bus. 17, Inside City Limits
Elementary school
Ocean Drive Elementary
Middle school
North Myrtle Beach Middle School
High school
North Myrtle Beach High School
Standard status
Active
Size
1,800 SF
Utilities
Utilities
Cable Available
Amenities
storage rooms
Building Details
Year built
1980
Number of units
2
Listing Agency:
CB Sea Coast Advantage MB · Coldwell Banker Real Estate
(843) 449-9494
Listed By:
Dean Nikodemski · License #190821
(704) 904-4767
Added: Feb 2
Changed: Aug 19
Last Checked: Oct 14 at 10:06PM
MLS# 2603069
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 1,800-square-foot brick ranch duplex was built in 1980 and contains two apartments, each with 2 bedrooms and 1 bathroom. Both units include upgraded LVP flooring, while unit A also has an extensively updated kitchen, fresh paint, and ceiling fans. A metal roof, new water heaters, and rear storage rooms add to the property’s functional improvements.
Located at 608 22nd Ave. S in North Myrtle Beach, the property is within walking distance of the ocean and has a slight ocean view from the street. Dining, entertainment, and other North Myrtle Beach amenities are nearby. Both apartments are rented through May, 2027, and cable is available.
Located at 608 22nd Ave. S in North Myrtle Beach, the property is within walking distance of the ocean and has a slight ocean view from the street. Dining, entertainment, and other North Myrtle Beach amenities are nearby. Both apartments are rented through May, 2027, and cable is available.
Key Highlights
- 1,800‑square‑foot duplex with two apartments
- Each unit offers 2 bedrooms and 1 bathroom
- Unit A includes an upgraded kitchen, paint, ceiling fans, and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,386
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,720
$367.7K
Cap Rate 7%
$262,657
$262.7K
Cap Rate 9%
$204,289
$204.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.6K $15.36/SF
− Vacancy
−$1.4K −$0.77/SF
EGI
$26.3K $14.59/SF
− OpEx
−$7.9K −$4.38/SF
NOI
$18.4K $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%
$367,720
Cap Rate 7%
$262,657
Cap Rate 9%
$204,289
Alternative Uses
Best Use
Multifamily LT 5
$262.7K
$229.8K – $306.4K
NOI $18,386 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$237.4K
$207.7K – $276.9K
NOI $16,616 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$456.2K
$399.2K – $532.2K
NOI $31,933 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
553
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
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two leased apartments feature refreshed interiors, rear storage rooms, and convenient access to coastal dining and entertainment.
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 $500,000.
What are key features of this property?
This property features: 1,800‑square‑foot duplex with two apartments; Each unit offers 2 bedrooms and 1 bathroom; Unit A includes an upgraded kitchen, paint, ceiling fans, and LVP flooring
