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Property type: Quadruplex
Year built: 1982
List Date: 2026-01-04
Area
1024 ft2
Days For Sale
3

Amenities

  • Cable Available
  • Central
  • Central Air
  • City Lot
  • Electric
  • Electricity Available
  • Heat Detector
  • Long Term Rental Allowed
  • Rectangular
  • Rectangular Lot
  • Sewer Available
  • Smoke Detector(s)
  • Water Available

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.

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Schools

1-2 SPED Schools in 29577

Name
Address
Phone
Type
Grade
620 29th Avenue North
8434481774
Public
1-2 SPED

3-5 SPED Schools in 29577

Name
Address
Phone
Type
Grade
950 Seahawk Way
8436265831
Public
3-5 SPED

6-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3101 North Oak Street
8434483932
Public
6-8 SPED

9-12 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3302 Robert Grissom Parkway
8434487149
Public
9-12 SPED

K-8 Schools in 29577

Name
Address
Phone
Type
Grade
2803 N. Oak Street
843-448-0035
Private
K-8

K-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3021 Fred Nash Blvd
8432931725
Public
K-8 SPED

PK-K SPED Schools in 29577

Name
Address
Phone
Type
Grade
612 29th Avenue North
8434481658
Public
PK-K SPED

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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

    Listing Provided by Keller Williams The Forturro G

    509 3rd Ave. N, Myrtle Beach, SC 29577
    MLS #29577
    $495,000
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