$699,999
$200K PRICE DROP

Estimated payment $4,066/month

Total Views 6,931
6 Beds
4 Baths
1,792 Sq Ft
$391 Price per Sq Ft

About This Home

WOW! This beautiful multifamily home in the heart of Myrtle Beach has all the makings of a rental machine! Rent it out now, and build another multifamily unit in the future with this oversized lot, the possibilities are major! This triplex offers a 3 Bedroom 2 bath unit, 2 bedroom 1 bath unit, and a 1 bedroom 1 bath unit all updated and rental ready! Recently completely and renovated down to the studs, this home has everything brand new from the roof to the electric, siding, windows, HVAC, and water heater! Combine that with high quality flooring, stainless steel appliances, fresh sheetrock and paint, this place is truly a gem! Even better than that, this beautiful parcel can accommodate another multifamily home in the future as well! The potential is truly supreme.Short term rentals are allowed! The surrounding area and neighboring lots are full of colorful recently constructed multi family units and raised beach homes, producing incredible income and used as vacation homes. Now, this home is the latest addition to an excellent street in Myrtle Beach where you can see the Grand Strands beautiful Atlantic Ocean from the front yard! Profit potential is major especially with a view this transformed home and beach access at the end of the road! Research the area and be rewarded by purchasing this property today!

Listing Agent

Jeff Forman

Keller Williams The Forturro G License #111037 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1949

Home Design

  • 1,792 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Siding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 3 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 62' x 146' x 62' x 147'
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1949
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 05/22/2025
  • Sold Total Heated Sq Ft: 1792
  • Sold Total Sq Ft: 1792
  • Total Heated Sq Ft: 1792
  • Misc Structural: Sep. Electric Meter, Individual Water Heater
  • Number1 Br Units: 1
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Total Sq Ft: 1792

Exterior Features

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

Garage/Parking

  • Type: Triplex

Utilities

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

Schools

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

Lot Info

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

Multi Family

  • Number Of Units: 3

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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Average Value
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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 $3,113 $25,918 $18,900 $7,018
2023 $3,113 $10,253 $6,480 $3,773
2021 $2,872 $11,148 $6,480 $4,668
2020 $2,641 $11,148 $6,480 $4,668
2019 $2,641 $11,148 $6,480 $4,668
2018 $0 $9,354 $6,480 $2,874
2017 -- $9,354 $6,480 $2,874
2016 -- $9,354 $6,480 $2,874
2015 $2,319 $9,354 $6,480 $2,874
2014 $2,255 $9,354 $6,480 $2,874
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $699,999 0.0% $391 / Sq Ft
06/23/2025 06/23/25 Price Changed $699,999 -12.5% $391 / Sq Ft
06/05/2025 06/05/25 Price Changed $799,999 0.0% $446 / Sq Ft
06/05/2025 06/05/25 Price Changed $799,999 -11.1% $446 / Sq Ft
05/22/2025 05/22/25 For Sale $899,999 0.0% $502 / Sq Ft
05/22/2025 05/22/25 For Sale $899,900 -- $502 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Mortgage Modification
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2512807

Coastal Carolinas Association of REALTORS®

APN: 44305040016