Two-Unit Duplex Near the
701 33rd Ave. S, North Myrtle Beach, SC 29582
For Sale
New
$379,000
MULTI-FAMILY, North Myrtle Beach, SC
Property Size1,689 SF
Price / SF$224.39
Days on Market2
Property Features for 701 33rd Ave. S
General Information
Property type
Property subtype
Lot features
Elementary school
Middle school
High school
Subdivision
Standard status
Size
Utilities
Utilities
Building Details
Year built
Number of units
Listing Agency:
Century 21 The Harrelson Group · Century 21 Real Estate
(843) 903-3550
Listed By:
Ken Moore · License SC #112423
(843) 446-5777
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 6:06PM
MLS# 2627117
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.
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Investment Insights
Based on property information with market context.
This 1,689-square-foot duplex, built in 1972, contains two residences, each configured with two bedrooms and one bathroom. Cable is available at the property.
The property is two blocks from the beach and has a view of the ocean. It is located in North Myrtle Beach, South Carolina.
The property is two blocks from the beach and has a view of the ocean. It is located in North Myrtle Beach, South Carolina.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,689‑square‑foot duplex built in 1972
- Two blocks from the beach with an ocean view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,252
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,040
$345.0K
Cap Rate 7%
$246,457
$246.5K
Cap Rate 9%
$191,689
$191.7K
Market Conditions
NOI Build-Up for 1,689 SF
Gross rent
$25.9K $15.36/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$24.6K $14.59/SF
− OpEx
−$7.4K −$4.38/SF
NOI
$17.3K $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%
$345,040
Cap Rate 7%
$246,457
Cap Rate 9%
$191,689
Alternative Uses
Best Use
Multifamily LT 5
$246.5K
$215.7K – $287.5K
NOI $17,252 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$222.7K
$194.9K – $259.9K
NOI $15,592 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$428.1K
$374.6K – $499.4K
NOI $29,964 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
669
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
$370,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in North Myrtle Beach, SC
Properties on Market for Duplexes in North Myrtle Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one bathroom, with cable available at the property.
Where is this duplex located?
The property is located at 701 33rd Ave. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,689‑square‑foot duplex built in 1972; Two blocks from the beach with an ocean view
