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.
| MLS # | 2600311 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 253 |
| Listing Provided By | Keller Williams The Forturro Group | Jeff Forman |
| SQ Feet | 3,936 |
|---|---|
| Units | 6 |
| Zoning | RMM |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Window Units |
| Heating Yes / No | Yes |
| Heating | Electric |
| Construction Materials | Stucco, Wood Frame |
|---|---|
| Foundation Details | Slab |
| Lot Features | City Lot, Rectangular, Rectangular Lot |
| Parking Features | Other |
|---|
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $575,000 low | high Med: $359,000 sqft: 3,936 low | high Med: 2,432 $ / sqft: $146 low | high Med: $148 On site: 253 low | high Med: 54 | |
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $575,000 low | high Med: $359,000 sqft: 3,936 low | high Med: 2,432 $ / sqft: $146 low | high Med: $148 On site: 253 low | high Med: 54 | |