509 3rd Ave. N, Myrtle Beach

$495,000

0 Bed
0 Bath
1,024 Sqft
0 Acre
0 Garage

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.

Essential Information
MLS® #2600220
Price$495,000
Bathrooms0.00
Square Footage1,024
Acres0.00
Year Built1982
TypeResidential
Sub-TypeQuadruplex
StatusActive
Community Information
Address509 3rd Ave. N
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

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

Amenities
ParkingTwo Spaces
Utilities

Cable Available, Electricity Available, Sewer Available, Water Available

Interior
HeatingCentral, Electric
CoolingCentralAir
Exterior
ExteriorVinyl Siding
FoundationSlab
Lot Description

City Lot, Rectangular, Rectangular Lot

School Information
ElementaryMyrtle Beach Elementary School
MiddleMyrtle Beach Middle School
HighMyrtle Beach High School
Additional Information
Days on Website4
ZoningRes
Listing Details
OfficeKeller Williams The Forturro G
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 509 3rd Ave. N, Myrtle Beach, SC

Photo of Listing #2529352

209 Cedar St., Myrtle Beach

$385,000 - 3,488 Sf

MLS® # 2529352

RE/MAX Southern Shores Cell: 843-455-6580Coastal Carolinas Association of Realtors Logo

© Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS.

Coastal Carolinas Association of Realtors Logo IDX information is provided by the Coastal Carolinas Association of REALTORS® for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by the MLS.