Movoto Real Estate
Sold on 03/18/2026

509 3rd Ave N, Myrtle Beach, SC 29577

$440,000

Last sold 03/18/2026 after 73 Days

  • bed

  • bath

  • 1,024

    Sqft ($430/Sqft)

House not for sale

About 509 3rd Ave N

Property type House
Neighborhood
Year built 1982
HOA fee $0/month
Rental estimate
Property description
509 3rd Avenue North is a rare chance to own four townhome units packaged as a single investment in one of Myrtle Beach’s most consistently rented coastal corridors. This quadruplex sits just blocks from the Atlantic, where proximity to the beach, downtown energy, and everyday conveniences keeps demand steady year-round. Each unit is laid out in a townhome-style format, creating a renter-friendly product that blends the feel of individual residences with the efficiency of multifamily ownership. The strength of this asset is in its structure and simplicity. Four separate units provide diversified income streams while remaining easy to manage and maintain. The townhome configuration supports longer tenant stays, reduces turnover friction, and appeals to a broad rental audience ranging from local workforce tenants to seasonal residents, depending on an investor’s strategy and permitted use. Location does much of the work here, driving occupancy without relying on heavy amenities or complex operations. From an investment perspective, this property offers immediate scale without the complications of larger multifamily assets. It is well suited for a buy-and-hold investor, a portfolio builder, or a buyer seeking light value-add potential through interior updates and rent optimization. As with any multifamily acquisition, buyers should verify zoning, rental allowances, utility configurations, and unit details during due diligence. Overall, 509 3rd Avenue North represents a clean, coastal quadruplex where multiple doors, walkable beach access, and proven demand combine to support long-term income and value.
Listed by
Listing Agent Contact: Forman, Jeff
Listing Office - Keller Williams The Forturro G
Source: CCLMS mls logo
MLS#2600220 • last updated 5 months ago
Movoto checked CCLMS for data 12 minutes ago
Overview
Cooling/AC Central Air
Heating Central, Electric
MLS # 2600220
SqFt 1024
SubType Quadruplex
Type Residential
Status Closed
Year Built 1982
HOA Fee Monthly, 0
Property Condition Resale
Exterior
Foundation Slab
Construction Vinyl Siding
Parking Two Spaces
Lot Features CityLot, Rectangular, RectangularLot
Amenities / Utilities
Utilities CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
Water Source Public
Security Features HeatDetector, SmokeDetectors
Location
Community Features Long Term Rental Allowed
Subdivision Not Within A Subdivision
Area 16G Myrtle Beach Area--Southern Limit To 10TH Ave N
Elementary School Myrtle Beach Elementary School
Middle School Myrtle Beach Middle School
High School Myrtle Beach High School
APN 44305010070
Zoning Res
Multifamily Details
Total # of Units 4
Lot/ Land Details
Add'l Parcel(s) 44305010072, 44305010071
Rental est.: $1,003/month
Gross rent multiplier: 36.6
  • Mar 2026
    mls logo MLS # 2600220
  • Mar 18, 2026 Sold
    $440,000 (-11.1%)
  • Jan 28, 2026 Active
  • Jan 4, 2026 Listed
    $495,000 (-25.6%)
  • Jul 2023
    mls logo MLS # 2310379
  • Jul 19, 2023 Active
  • Jun 10, 2023 Listed
  • Jun 2, 2023 Active
  • May 24, 2023 Listed
    $665,000 (+66.7%)
  • May 2021
    Public Records
  • May 17, 2021 Sold
    $399,000 (+100.5%)
  • Jan 2015
    Public Records
  • Jan 30, 2015 Sold
    $199,000 (+32.7%)
  • Mar 2012
    mls logo MLS # 1117928
  • Mar 23, 2012 Sold
    $150,000 (-11.7%)
  • Nov 4, 2011 Listed
    $169,900
  • Year Property taxes Tax assessment
  • 2024
    $6,503 +8.4%
    $30,395 +119.62%
  • 2023
    $5,998 +1.3%
    $13,840
  • 2022
    $5,920 +89.0%
    $13,840
  • 2021
    $3,132 +1.1%
    $13,840
  • 2020
    $3,097 +3.7%
    $13,840
  • 2019
    $2,988 +7.0%
    $13,840 +13.4%
  • 2018
    $2,794
    $12,205
  • 509 3rd Ave N
    $440K
  • 16g Myrtle Beach Area--southern Limit To 10th Ave N
  • 29577
    $225K -4% y/y
  • Myrtle Beach
    $317K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
503 3rd Ave N, Myrtle Beach, SC 29577 $291,000 3/3 1,990 0.01
502 2nd Ave N, Myrtle Beach, SC 29577 $212,000 4/2 1,560 0.03
504 2nd Ave N, Myrtle Beach, SC 29577 $240,000 4/— 1,846 0.05
500 2nd Ave N, Myrtle Beach, SC 29577 $194,000 2/2 1,460 0.05
506 3rd Ave N, Myrtle Beach, SC 29577 $314,000 3/2 1,550 0.05
605 3rd Ave N, Myrtle Beach, SC 29577 $226,000 2/1 1,140 0.06
602 3rd Ave N, Myrtle Beach, SC 29577 $276,000 3/1 1,905 0.07
607 3rd Ave N, Myrtle Beach, SC 29577 $285,000 4/2 1,680 0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

Around 16g Myrtle Beach Area--southern Limit To 10th Ave N

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