509 3rd Ave. N, Myrtle Beach, SC 29577
- $440,000
- 1,024
- SqFt
- Sold Price
- $440,000
- List Price
- $495,000
- Status
- CLOSED
- MLS#
- 2600220
- Closing Date
- Mar 17, 2026
- Days on Market
- 72
- Property Type
- Quadruplex
- Total Square Feet
- 1,056
- Total Heated SqFt
- 1024
- Region
- 16g Myrtle Beach Area--Southern Limit To 10th Ave N
- Year Built
- 1982
Property Description
509 3rd Avenue North is a rare chance to own four townhome units packaged as a single investment in one of Myrtle Beach’s most consistently rented coastal corridors. This quadruplex sits just blocks from the Atlantic, where proximity to the beach, downtown energy, and everyday conveniences keeps demand steady year-round. Each unit is laid out in a townhome-style format, creating a renter-friendly product that blends the feel of individual residences with the efficiency of multifamily ownership. The strength of this asset is in its structure and simplicity. Four separate units provide diversified income streams while remaining easy to manage and maintain. The townhome configuration supports longer tenant stays, reduces turnover friction, and appeals to a broad rental audience ranging from local workforce tenants to seasonal residents, depending on an investor’s strategy and permitted use. Location does much of the work here, driving occupancy without relying on heavy amenities or complex operations. From an investment perspective, this property offers immediate scale without the complications of larger multifamily assets. It is well suited for a buy-and-hold investor, a portfolio builder, or a buyer seeking light value-add potential through interior updates and rent optimization. As with any multifamily acquisition, buyers should verify zoning, rental allowances, utility configurations, and unit details during due diligence. Overall, 509 3rd Avenue North represents a clean, coastal quadruplex where multiple doors, walkable beach access, and proven demand combine to support long-term income and value.
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Additional Information
- Elementary School
- Myrtle Beach Elementary School
- Middle School
- Myrtle Beach Middle School
- High School
- Myrtle Beach High School
- Exterior Finish
- Vinyl Siding
- Foundation
- Slab
- Lot Description
- City Lot, Rectangular, Rectangular Lot
- Lot Location
- Inside City Limits, East of Bus 17
- Possession
- Closing
- Utilities Available
- Cable Available, Electricity Available, Sewer Available, Water Available
- County
- Horry
- Neighborhood
- Not within a Subdivision
- Project/Section
- Not within a Subdivision
- Heating
- Central, Electric
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
- Zoning
- Res
- Listing Courtesy Of
- Keller Williams The Forturro G
Listing courtesy of Listing Agent: Jeff Forman () from Listing Office: Keller Williams The Forturro G.
Selling Office: CB Sea Coast Advantage MI.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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