$820,000

Estimated payment $5,158/month

Total Views 1,503
8 Beds
4 Baths
4,416 Sq Ft
$186 Price per Sq Ft

About This Home

Located in the core of Downtown Myrtle Beach, 407 4th Ave N offers a well positioned multifamily opportunity just a few blocks from the ocean, dining, and entertainment. This property features multiple residential units and an incredible location less than 2 blocks from the Grand Strands beautiful beaches. Its central location drives consistent year-round occupancy and makes it attractive to both long-term tenants and vacation rentals. With interior updates and exterior improvements, this property will offer tons of value upside after renovations, allowing investors to reposition the asset into a higher-performing coastal property with enhanced cash flow and long-term appreciation in one of Myrtle Beach’s most active rental area

Listing Agent

Jeff Forman

Keller Williams The Forturro G License #111037 Listed on: 01/03/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1977

Home Design

  • 4,416 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding

Schools

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

Utilities

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

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 6 Units
  • Chester C Condos

Property Details

Home Type

Apartment

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 55' x 150' x 56' x 148'
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1977
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 01/03/2026
  • Total Heated Sq Ft: 4416
  • Complex Name: Chester C
  • Number2 Br Units: 6
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Total Sq Ft: 4416

Exterior Features

  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: MU

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,954 $42,667 $18,900 $23,767
2023 $10,930 $16,194 $6,480 $9,714
2021 $4,536 $16,194 $6,480 $9,714
2020 $4,172 $16,194 $6,480 $9,714
2019 $4,172 $16,194 $6,480 $9,714
2018 $6,224 $23,400 $6,480 $16,920
2017 $0 $12,432 $6,480 $5,952
2016 -- $12,432 $6,480 $5,952
2015 $2,434 $12,432 $6,480 $5,952
2014 $2,364 $12,432 $6,480 $5,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2026 01/03/26 For Sale $820,000 +103.2% $186 / Sq Ft
10/06/2017 10/06/17 Sold $403,500 -1.0% $96 / Sq Ft View Prior Sale
08/09/2017 08/09/17 For Sale $407,500 -- $97 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2600191

Coastal Carolinas Association of REALTORS®