$775,000
$45K PRICE DROP

Estimated payment $5,095/month

Total Views 9,315
8 Beds
4 Baths
4,416 Sq Ft
$175 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 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

Listing Agent

Jeff Forman

Keller Williams The Forturro Group 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

Listing and Financial Details

  • Long Term Rental Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1977

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2026 06/02/26 Price Changed $775,000 -5.5% $175 / Sq Ft
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®
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