509 3rd Ave. N, Myrtle Beach | Not within a Subdivision

If this property is active (not sold), would you like to see this property? Call Traci at (843) 997-8891 for more information or to schedule a showing. I specialize in Myrtle Beach, SC Real Estate.

$495,000 | N/A beds | N/A full baths | N/A half baths | 1,024 sqft

$440,000
509 3rd Ave. N
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,024SqFt
  • 1982Year Built
  • 0.00Acres
  • MLS# 2600220
  • Residential
  • Quadruplex
  • Sold

  • Approx Time on Market2 months, 12 days
  • AreaMyrtle Beach Area--Southern Limit To 10th Ave N
  • CountyHorry
  • Subdivision Not within a Subdivision

Overview

509 3rd Avenue North is a rare chance to own four townhome units packaged as a single investment in one of Myrtle Beachs 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 investors 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.



Sale Info

Listing Date: 01-04-2026

Sold Date: 03-17-2026

Aprox Days on Market: 
    2 month(s), 12 day(s)

Listing Sold: 
    2 month(s), 19 day(s) ago

Asking Price: $495,000

Selling Price: $440,000

Price Difference: 
Reduced By $55,000

Agriculture / Farm

Association Fees / Info

Hoa Frequency:  Monthly

Community Features:  LongTermRentalAllowed

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

Year Built:  1982

Zoning:  Res

Construction Materials:  VinylSiding

Buyer Compensation

Exterior Features

Foundation:  Slab

Financial

Garage / Parking

Parking Type:  TwoSpaces

Green / Env Info

Interior Features

Lot Info

Acres:  0.00

Lot Size:  54' x 35' x 54' x 34'

Lot Description:  CityLot, Rectangular, RectangularLot

Misc

Offer Compensation

Other School Info

Property Info

County:  Horry

Number of Units Total:  4

Stipulation of Sale:  None

Property Sub Type Additional:  Quadruplex,MultiFamily

Security Features:  HeatDetector, SmokeDetectors

Construction:  Resale

Room Info

Sold Info

Sold Date:  2026-03-17T00:00:00

Sqft Info

Total Sqft:  1056

Living Area Source:  PublicRecords

Sqft:  1024

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Cooling:  CentralAir

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Courtesy of Keller Williams The Forturro G 

Featured Lender

image

Gamble Ellis

Ameris Bank

803-354-1517
[email protected]
https://www.amerisbank.com/GambleEllis

Working in the Mortgage Industry for over 20 years, Gamble Ellis takes pride in matching the ideal mortgage to each of his customer’s needs. From first time homebuyers to those building their dream home to those purchasing their retirement or vacation home – Gamble has experience with them all. He is a graduate of the University of South Carolina, married with two children, is an avid golfer and is a lifetime South Carolinian.

Mortgage Calculator

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Price & Status History (on tracimiles.com since Sun, Jan 4th 2026)
  • Original Price: $495,000
  • Current Price: $495,000
  • Price Reduced: $0
Date ChangedFromTo
03/18/2026Active Under ContractSold
01/28/2026ActiveActive Under Contract

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