$676,000

Estimated payment $3,548/month

Total Views 908
Studio
-- Bath
3,936 Sq Ft
$172 Price per Sq Ft

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.

Listing Agent

Jeff Forman

Keller Williams The Forturro G License #111037 Listed on: 01/05/2026

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

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60' x 154' x 61' x 155'
  • Estimated Year Built: 1960
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 01/05/2026
  • Total Heated Sq Ft: 3936
  • Complex Name: Oak E
  • Misc Structural: Sep. Electric Meter, Indiv. Heat & Air
  • Number1 Br Units: 2
  • Number2 Br Units: 4
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Sq Ft: 3936

Exterior Features

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

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Window/Wall Unit, Electric

Lot Info

  • Lot Location: Inside City Limits, East Of Highway 17 Bypass
  • Zoning: RMM

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 $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
Source: Public Records

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
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $203,000 --
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2600311

Coastal Carolinas Association of REALTORS®

APN: 44304040080