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$875,000
2615227 MLS
Investor Alert – Exceptional Multifamily Opportunity in Crescent Beach! Located just one block from the ocean in the highly sought-after Crescent Beach section of North Myrtle Beach, this rare investment opportunity features three income-producing buildings situated on a single parcel. The property consists of two duplexes and one four-unit building, totaling eight rental units comprised of five 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Several long-term tenants are already in place, providing immediate income, while substantial upside remains through rent increases, property improvements, or potential conversion to short-term rentals where permitted. With its prime location and flexible investment potential, this property presents an excellent opportunity for investors seeking both current cash flow and future appreciation. Positioned within walking distance of the beach, restaurants, shopping, and entertainment, the property is ideally suited for a variety of investment strategies, including long-term rentals, vacation rentals, or a value-add repositioning project. Opportunities to acquire multiple buildings on one parcel this close to the ocean are increasingly difficult to find. Whether you're looking to expand your portfolio or capitalize on a redevelopment and income-growth opportunity, this Crescent Beach property offers tremendous potential in one of the Grand Strand's most desirable coastal markets.

300 21st Ave. S, North Myrtle Beach

Listing courtesy of Listing Agent: Dominic Siciliano () from Listing Office: Keller Williams The Forturro Group.
$1,495,000
2607498 MLS
Just one block from the beach in the heart of Myrtle Beach, this fully renovated 9-unit boutique coastal property offers a rare turnkey opportunity with strong income potential and beautiful ocean views. Every unit features a private balcony facing the ocean, creating a consistent, sought-after guest experience, while on-site laundry facilities add everyday convenience. Recently transformed with extensive upgrades---including a new commercial roof, modern kitchens and baths, stylish furnishings, smart lock systems, and property-wide WiFi---the heavy lifting has already been done, allowing for immediate operation with minimal near-term maintenance concerns. The unit mix of eight 1-bedroom units and one 2-bedroom unit is ideal for any investor, and perfectly aligns with the area's steady year-round tourism demand along the Grand Strand. Located close to beaches, golf courses, dining, shopping, and popular attractions, this property offers both an exceptional guest experience and the flexibility to continue as a successful short-term rental or evolve into a boutique hospitality or bed-and-breakfast concept---blending prime location, modern updates, and long-term upside into one compelling coastal investment.

404 22nd Ave. N, Myrtle Beach

Listing courtesy of Listing Agent: The Mills Group Team () from Listing Office: Century 21 Barefoot Realty.
$970,000
2600318 MLS
Multifamily property with a total of twelve units spread between three buildings with all units being 2-bedrooms in the heart of Myrtle Beach. Take advantage of the benefits of being n a designated opportunity zone. East of 17 bypass in Myrtle Beach. This property provides some stellar upside potential being priced to sell. With cosmetic upgrades, exterior repairs, and interior updates these buildings can be lifted up and the rent rolls can too!

1308 Dunbar St., Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
$575,000
2600311 MLS
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.

611 4th Ave. N, Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
$450,000
2600216 MLS
1405 Dunbar Street is a small multifamily income property built for straightforward ownership and consistent rental demand in central Myrtle Beach. The building is commonly configured as five 2-bedroom, 1-bath units, a unit mix that performs well for long-term workforce housing and seasonal tenants alike. With approximately 4,700 square feet on roughly 0.29 acres, the property offers multiple income-producing units on a single parcel in an established in-town location close to the beach, major roadways, shopping, employment centers, and entertainment. From an operational standpoint, the property presents a clean investment profile. Electric service is separately metered, while water and sewer are owner-paid, allowing predictable expense management and clear rent structuring. The layout and density make this a practical asset for an investor focused on steady occupancy rather than heavy repositioning, with potential upside through interior updates, rent optimization, or efficiency improvements over time. This property is well suited for a buy-and-hold investor or portfolio builder seeking a stable multifamily asset in a proven Myrtle Beach rental corridor. As with all older multifamily properties, buyers are encouraged to verify unit count, square footage, zoning compliance, and utility configurations during due diligence. Overall, 1405 Dunbar Street represents a no-frills, income-focused investment where location, density, and simplicity support long-term value.

1405 Dunbar St., Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
$499,000
2600195 MLS
Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!

1101 Dunbar St., Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
$3,999,000
2524751 MLS
A rare opportunity to acquire a newly built, fully licensed cluster of ten short-term rental 4-bedroom apartments steps from the beach. Each unit comes fully furnished and ready for immediate operation, offering strong income and a lot of upside potential

404 2nd Ave. N, Myrtle Beach

Listing courtesy of Listing Agent: Ester Esti Simantov (Cell: 516-233-0601) from Listing Office: Own Myrtle Real Estate.
$2,080,000
2512828 MLS
PRICE REDUCED! Amazing CAP rate now with much more room to grow to even more income. Rare 32-Unit updated Investment Opportunity in the Heart of Myrtle Beach! Don’t miss your chance to own this rental powerhouse just steps from the beach and minutes from vibrant downtown Myrtle Beach.The property has had many updates including new flooring, roof in 2023, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.52-acre lot, this 32-unit property offers spacious one-bedroom apartments and is perfectly positioned for both short-term and long-term rental strategies. With strong management already in place, this property is performing exceptionally well — and still offers room to grow income even further. Whether you’re looking to expand your portfolio or break into one of the Southeast’s fastest-growing coastal markets, this is a rare opportunity that checks all the boxes. Located close to Myrtle Beach International Airport, world-class golf courses, popular restaurants, and of course, the ocean, this property offers unmatched convenience for vacationers and long-term tenants alike. Key Highlights: 32 spacious 1-bedroom units Prime 0.52-acre lot just steps from the beach Excellent current rental performance Flexible investment: long-term or short-term rentals Close to airport, golf, dining, and downtown Myrtle Beach Rare high-density opportunity on a large parcel The Myrtle Beach market continues to thrive, and properties like this don’t come along often. Schedule your private showing today and secure your place in one of the most dynamic beachside markets on the East Coast!

403 14th Ave. S, Myrtle Beach

Listing courtesy of Listing Agent: Nicholas Strumke () from Listing Office: Century 21 Palms Realty.
$1,999,000
2509474 MLS
LOCATION, LOCATION, LOCATION! This unique compound features four buildings situated in the highest-density zoning available—MUH—spanning 0.66 acres. The property includes 21 total units, made up of 16 efficiencies and 5 two-bedroom apartments, offering excellent flexibility for both short-term and long-term rental opportunities. Perfectly positioned between Ocean Blvd and Highway 17 Business, it's just a short stroll to the beach, restaurants, and shopping. Whether you're looking for immediate rental income or future redevelopment potential, this location checks every box.

700 Mitchell Dr., Myrtle Beach

Listing courtesy of Listing Agent: Ester Esti Simantov (Cell: 516-233-0601) from Listing Office: Own Myrtle Real Estate.
$999,999
2509408 MLS
Incredible Multi-Family Investment Opportunity – Just Blocks from the Beach! Located in the heart of Myrtle Beach, 505 32nd Avenue North offers a rare chance to own a versatile income-producing property just a short stroll to the ocean. This well-maintained multi-family compound features two separate buildings on one lot: Front House: Spacious 2-bedroom, 1-bathroom duplex, ideal for long-term tenants or potential owner-occupancy. Rear Building: Includes four total units—two 2-bedroom apartments and two 1-bedroom apartments, all with private entries and great rental history. Each unit features comfortable layouts, ample natural light, ceiling fans, and vintage charm throughout. Tenants enjoy off-street parking, mature landscaping, and close proximity to shops, dining, entertainment, and beach access. Whether you're looking to grow your rental portfolio, 1031 exchange, or live in one unit while renting out the others—this property is packed with potential. Zoned for multifamily, income-producing, and no HOA! ??Location perks: Walk or bike to the beach, near Myrtle Beach Convention Center, Broadway at the Beach, and all the action of the Grand Strand.

505 32nd Ave. N, Myrtle Beach

Listing courtesy of Listing Agent: Bryan Ricci (Office: 877-366-2213) from Listing Office: LPT Realty, LLC..

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.