407 4th Ave N Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated payment $5,133/month
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 SIX 2 Bedroom 1 bath 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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $10,954 | $0 | $0 | $0 |
| 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 |
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®
MLS Number: 2600191
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.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 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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