401 Alder St., Myrtle Beach

$729,900

0 Bed
0 Bath
3,000 Sqft
0 Acre
0 Garage

Incredible investment opportunity just blocks from the beach in the heart of downtown Myrtle Beach! This 7-unit multi-family property sits on a large corner lot with approximately 150 feet of frontage on 4th Avenue and 107 feet on Alder Street, offering both income potential and future development flexibility. The property features two buildings: a duplex with two 1-bedroom, 1-bath units (Units A & B), and a main building with five studio units (Units C–G). Located within walking distance to Broad Street, Ocean Boulevard, and the white sandy shores of the Grand Strand, this property offers unmatched access to everything Myrtle Beach has to offer—including top-rated dining, shopping, Broadway at the Beach, golf, putt-putt, fishing, and year-round entertainment. With strong rental demand and flexible use options—live in one, rent the others, or build new—this is a rare chance to own income-producing real estate in one of the fastest-growing coastal cities in the Southeast. Whether you’re looking for a stable investment, a redevelopment project, or a hybrid personal-use property, your opportunity is right here—don’t miss out!

Essential Information
MLS® #2511772
Price$729,900
Bathrooms0.00
Square Footage3,000
Acres0.00
Year Built1945
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address401 Alder St.
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16G Myrtle Beach Area--Southern Limit to 10TH Ave N

Amenities
ParkingOther
Exterior
ExteriorWood Frame
Lot Description

Corner Lot, City Lot, Irregular Lot

School Information
ElementaryMyrtle Beach Elementary School
MiddleMyrtle Beach Middle School
HighMyrtle Beach High School
Additional Information
Days on Website123
ZoningMF
Listing Details
OfficeBeach One Realty LLC
Property History
Price Reduced from $749,900 to $729,900
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