$375,000
SOLD MAY 31, 2018

404 Cedar St Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood
5 Beds
2 Baths
5,850 Sq Ft
1975 Built

Recently Sold

$64 Per Sq Ft

6% Below List Price

24 Days on Market

About This Home

As of April 2023

Excellent investment opportunity centrally located in Myrtle Beach only 1 mile to the ocean and close to Hwy 501. 6 all brick units located on the ground level with 5-2 bedroom 1 bath units and 1-3 bedroom 1 bath unit. Units sit on 1/2 acre lot and are 100% occupied with long term tenants. Many recent updates including new roof in 2012, new windows replaced over the past 3 years and exterior recently painted. Call today to schedule appointment to see. All measurements are approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Reed Brown

CENTURY 21 Broadhurst License #83242 Listed on: 01/30/2018

CENTURY 21 Broadhurst

Last Buyer's Agent

Erica Edwards

Palmetto Coastal Homes License #90547

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • Rectangular Lot

Home Design

  • 5,850 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 6 Units

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 122x177x125x177
  • Estimated Year Built: 1975
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/01/2018
  • Sold Total Heated Sq Ft: 5850
  • Sold Total Sq Ft: 6350
  • Total Heated Sq Ft: 5850
  • Two Bedroom Rent Range: $625-$650
  • Three Bedroom Rent Range: est. $900
  • Estimated Gross Scheduled Rent: $48,900.00
  • Estimated Operating Expense: $11,262.00
  • Misc Structural: Indiv. Heat & Air, Individual Water Heater, Sep. Electric Meter
  • Number2 Br Units: 5
  • Number3 Br Units: 1
  • Safety Features: Fire Walls, Lead Based Paint Disc., Smoke/Heat Detector
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Total Sq Ft: 6350

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: MF

Multi Family

  • Number Of Units: 6

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $725,000 -3.3% $124 / Sq Ft
02/27/2023 02/27/23 For Sale $750,000 +100.0% $128 / Sq Ft
05/31/2018 05/31/18 Sold $375,000 -6.0% $64 / Sq Ft
01/30/2018 01/30/18 For Sale $399,000 -- $68 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gregg Smith

    Seller's Agent in 2023

    Gregg Smith

    CENTURY 21 Broadhurst

    (843) 267-4533

    9 in this area

    38 Total Sales

    Gregg Smith
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT .NON-MLS

    ICE Mortgage Technology INC

  • Reed Brown

    Seller's Agent in 2018

    Reed Brown

    CENTURY 21 Broadhurst

    (828) 773-4019

    1 in this area

    12 Total Sales

    Reed Brown
    Section Image
  • Erica Edwards

    Buyer's Agent in 2018

    Erica Edwards

    Palmetto Coastal Homes

    (843) 633-1623

    18 Total Sales

    Erica Edwards
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1802192

Coastal Carolinas Association of REALTORS®
South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

404 Cedar St, Myrtle Beach, SC

This home is located at 404 Cedar St, Myrtle Beach, SC 29577 and is currently priced at $375,000, approximately $64 per square foot. This property was built in 1975. 404 Cedar St is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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