409 2nd Ave S Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated payment $4,066/month
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!
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
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 | $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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Mortgage Modification |
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Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2512807
APN: 44305040016
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