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For sale
  • $749,900

    401 Alder St., Myrtle Beach, SC 29577

    --beds
    --baths
    3,000sqft
    : 
    Multi Family, Apartment
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Corner lot
    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!
    100 days
    on Zillow
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    218
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    13
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    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 10:58am

    Listed by:

    Darya Wojtyra 843-385-3038,

    Beach One Realty LLC

    Source: CCAR,MLS#: 2511772MLS LogoOriginating MLS: Coastal Carolinas Association of Realtors
    Travel times

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    Facts & features

    Interior

    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Other
    Lot
    • Features: Corner Lot, City Lot, Irregular Lot
    Details
    • Additional parcels included: ,
    • Parcel number: 44304040013
    • Zoning: MF
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Wood Frame
    Condition
    • Resale
    • Year built: 1945

    Community & HOA

    Community
    • Subdivision: Not within a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Myrtle Beach

    Financial & listing details

    • Price per square foot: $250/sqft
    • Tax assessed value: $423,930
    • Annual tax amount: $6,477
    • Date on market: 5/9/2025
    • Lease term: 12 Months
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