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Myrtle Beach Quadplex Near Ocean

7201 Porcher Dr. Myrtle Beach, SC 29572

7201 Porcher Dr., Myrtle Beach, SC, 29572
$849,900
For Sale
Claim this Listing
$849,900

MULTI_FAMILY - Myrtle Beach, SC

Property Size4,423 SF
Price / SF$192.15
AddedFeb 9
Days on Market156
Last RefreshJul 15 at 5:06 am

Property Features for 7201 Porcher Dr.

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
4,423 SF

Building Details

Year built
1973
Number of units
4

Listing agent Halie Collins

Listing office BeachConnection Realty Myrtle Beach, SC

Listing date Feb 9, 2026

MLS# 2603885 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 quadplex is located in Myrtle Beach, South Carolina, just a few blocks from the ocean. The property offers coastal living combined with income potential. Its location provides convenient access to the beach, restaurants, golf courses, and various attractions in Myrtle Beach. The property size is 4423 square feet. This property is suitable for expanding an investment portfolio or enjoying a beachside bungalow with rental income.

Key Highlights

  • Quadplex offers income potential through rentals.
  • Located a few blocks from the ocean in Myrtle Beach.
  • Close proximity to restaurants, golf, and Myrtle Beach attractions.

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 $67.9k $15.36
− Vacancy −$3.4k −$0.77
EGI $64.5k $14.59
− OpEx −$19.4k −$4.38
NOI $45.2k $10.21
4,423 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$645.4K
$564.7K – $753.0K (±1% cap)
NOI $45,178 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$583.3K
$510.4K – $680.5K (±1% cap)
NOI $40,830 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.12M
$980.9K – $1.31M (±1% cap)
NOI $78,468 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Auto Repair Shop Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

FAQs

What type of property is this?
Quadplex - Quadplex near the beach with income potential in Myrtle Beach.
Where is this quadplex located?
The property is located at 7201 Porcher Dr. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Quadplex offers income potential through rentals.; Located a few blocks from the ocean in Myrtle Beach.; Close proximity to restaurants, golf, and Myrtle Beach attractions.
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