611 4th Ave N Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated payment $3,548/month
About This Home
Rare central Myrtle Beach multifamily opportunity in the highly desirable 29577 zipcode. 609 4th Ave N features a 6-unit property totaling approximately 3,936 heated square feet, built in 1977 and configured with a mix of two-bedroom and one-bedroom units ideal for stable long-term cash flow. The property is located east of Highway 17 in the downtown hotel district and within walking distance to the beach, restaurants, shopping, and entertainment. This asset offers immediate income with additional upside through rent optimization, cosmetic upgrades, and modernized interiors. With strong year-round rental demand, proximity to major employers and tourism drivers, and limited small-multifamily inventory in the downtown core, this property presents a compelling opportunity for investors seeking both current yield and long-term appreciation.
Property Details
Home Type
- Apartment
Year Built
- Built in 1960
Home Design
- 3,936 Sq Ft Home
- Slab Foundation
- Wood Frame Construction
- Stucco
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Cooling System Mounted To A Wall/Window
- Cable TV Available
Additional Features
- Rectangular Lot
- East of US 17
Community Details
- 6 Units
- Oak E 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 | $572 | $13,553 | $6,480 | $7,073 |
| 2023 | $572 | $5,570 | $1,558 | $4,012 |
| 2021 | $513 | $10,466 | $2,462 | $8,004 |
| 2020 | $443 | $10,466 | $2,462 | $8,004 |
| 2019 | $427 | $10,466 | $2,462 | $8,004 |
| 2018 | $0 | $8,270 | $2,462 | $5,808 |
| 2017 | $370 | $8,270 | $2,462 | $5,808 |
| 2016 | -- | $8,270 | $2,462 | $5,808 |
| 2015 | $366 | $8,271 | $2,463 | $5,808 |
| 2014 | $330 | $8,271 | $2,463 | $5,808 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $676,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,000 | -- |
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2600311
APN: 44304040080
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