509 3rd Ave N

Myrtle Beach, SC 29577

$495,000
Price
—
Beds
—
Baths
1,056 Sq. Ft.
$469 / Sq. Ft.
1,056
Sq. Ft.
$469
per Sq. Ft.
New
New

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...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.
  1. Listed by Jeff Forman • Keller Williams The Forturro G

Property Details for 509 3rd Avenue North

Subdivision Name
Not within a Subdivision
Zoning
Res
Community Features
LongTermRentalAllowed
LISTING UPDATED: 01/04/2026 01:21 PM

Property Details for 509 3rd Avenue North

StatusActive
MLS #2600220
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Quadruplex
Year Built1982
Lot Size-
CountyHorry County

Location

Listing Courtesy of Keller Williams The Forturro G
Add your commute

Building Information for 509 3rd Avenue North

Stories-Residences4Year Built1982Building Size-Lot Size-

Payment Calculator

$2,446 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,446

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 509 3rd Avenue North

Summary
Location and General Information
  • Building Area Total: 1056.0
  • City: Myrtle Beach
  • County Or Parish: Horry
  • Postal City: MYRTLE BEACH
  • Latitude: 33.68799519
  • Longitude: -78.89003529
  • Location: Inside City Limits,East of Highway 17 Bypass
  • State Or Province: SC
School Information
  • Elementary School: Myrtle Beach Elementary School
  • High School: Myrtle Beach High School
  • Middle Or Junior School: Myrtle Beach Middle School
Parking
  • Parking Features: TwoSpaces
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: Monthly
  • Association: No
  • Universal Property Id: US-45051-N-44305010070-R-N
Property
Lot Information
  • Additional Parcels Description: 44305010072,44305010071
  • Living Area Range Source: PublicRecords
  • Lot Features: CityLot, Rectangular, RectangularLot
  • Lot Size Dimensions: 54' x 35' x 54' x 34'
  • Parcel Number: 44305010070
Property and Assessments
  • Complex Name: Oak C
  • Documents Available: Financials
  • Documents Count: 2
  • Property Condition: Resale
  • Photos Count: 15
Utilities
  • Utilities: CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: VinylSiding
  • Foundation Details: Slab
  • Security Features: HeatDetector, SmokeDetectors
Interior Features
  • Living Area: 1024.0
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Cooling: CentralAir
  • Living Area Source: PublicRecords
Room Information
Room 1
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Special Listing Conditions: None
Rental
Rent Information
  • Lease Considered: No
  • LeaseTerm: TwelveMonths

Property History for 509 3rd Avenue North

DateEvent & SourcePriceAppreciation
Jan 4, 2026

Listed (Active)

CCAR #2600220

$495,000—
Sep 28, 2023

Permanently Off Market

CCAR #2310379

—
Jul 19, 2023

Contract Out

CCAR #2310379

—
May 24, 2023

Listed (Active)

CCAR #2310379

$665,000—
Apr 4, 2006

Sold

CCAR #206008

$409,000—
Dec 11, 2005

Contract Signed

CCAR #206008

—
Nov 14, 2005

Listed (Active)

CCAR #206008

$500,000—
DateEvent & SourcePrice
01/04/2026

Listed (Active)

CCAR #2600220

$495,000
09/28/2023

Permanently Off Market

CCAR #2310379

—
07/19/2023

Contract Out

CCAR #2310379

—
05/24/2023

Listed (Active)

CCAR #2310379

$665,000
04/04/2006

Sold

CCAR #206008

$409,000
12/11/2005

Contract Signed

CCAR #206008

—
11/14/2005

Listed (Active)

CCAR #206008

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 509 3rd Avenue North

This home is within Horry County Schools.
Rating
School
Type
Grades
Distance
Myrtle Beach Primary
Public - 1 to 2
Myrtle Beach Elementary
Public - 3 to 5
Myrtle Beach Middle School
Public - 6 to 8
Myrtle Beach High School
Public - 9 to 12
Rating
School
Distance
Myrtle Beach Primary
Public1 to 2

Myrtle Beach Elementary
Public3 to 5

Myrtle Beach Middle School
Public6 to 8

Myrtle Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 509 3rd Avenue North, Myrtle Beach, SC 29577

509 3rd Avenue North is a multi-family home for sale in Myrtle Beach, SC 29577. This listing's school district is Horry County Schools. Nearby schools include Myrtle Beach Primary, Myrtle Beach Elementary and Myrtle Beach Middle School. 509 3rd Avenue North is a 0-bed, 0-bath, 1,056 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams The Forturro G

Provided courtesy of The Coastal Carolinas Association of REALTORS®. The real estate listing information and related content displayed on Compass is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Coastal Carolinas Association of Realtors MLS. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved.