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$495,000
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Property 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 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.
Full Property Details
Full Property Details for 509 3rd Ave N
General
- Price: $495,000
- Status: Active
- Type: Single Family
- Source: 2260
- MLS ID: 2600220
- Updated: 1/4/2026
- Added to Site: 12 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Additional Information
- Security/Safety: Heat Detector, Smoke Detector(s)
Parking
- Parking Features: Two Spaces
Location
- Area: 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
- County: Horry
- Subdivision: Not within a Subdivision
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Vinyl Siding
- Square Feet: 1,056
- Living Area: 1,024 Sq. Ft.
- Year Built: 1982
- Property Condition: Resale
Lot Features
- Lot Dimensions: 54' x 35' x 54' x 34'
- Lot Features: City Lot, Rectangular, Rectangular Lot
- Zoning: Res
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, Portfolio Loan
Disclosures and Reports
- Documents Avail.: Financials
- Property ID: 44305010070
Listed by Keller Williams The Forturro G
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Schools
Schools serving 509 3rd Ave N
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 2.2 mi |
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 2.2 mi |
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 2.6 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 2.2 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 3rd Ave N
Date
Details
Price
Change
Source
1/04/2026
Listed
$495,000
-4.81%
MLS
3/04/2022
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 3rd Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,845
7%
$9,899
161%
2023
$1,722
75%
$3,786
—
2021
$986
1%
$3,786
—
2020
$977
—
$3,786
-94%
2019
$977
-2%
$63,100
2%
2018
$992
1%
$62,100
—
2017
$981
1%
$62,100
—
2015
$970
3%
$62,100
—
2014
$943
5%
$62,100
1374%
2013
$900
—
$4,212
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 3rd Ave N
509 3rd Ave. N, Myrtle Beach, SC 29577 (MLS# 2600220) is a Single Family property with 0 bedrooms and 0 full bathrooms. 509 3rd Ave. N is currently listed for $495,000 and was received on January 04, 2026. Want to learn more about 509 3rd Ave. N? Do you have questions about finding other Single Family real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

