407 4th Ave N Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated payment $5,158/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 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
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 |
|---|---|---|---|---|
| 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
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