Prime multifamily investment opportunity in the heart of Myrtle Beach! Located at 304 2nd Ave N, this well-positioned property consists of seven income-producing units in two separate buildings, ideally situated east of Highway 17 and just a block from the beach, boardwalk, 2nd Ave Pier, dining, and entertainment. The unit mix offers excellent rental flexibility and demand, featuring three 2-bedroom units, one 1-bedroom units, and three efficiencies, making this an ideal asset for both long-term and short-term rental strategies. Short-term rentals are permitted, though the property is currently leased to long-term tenants, providing immediate and consistent cash flow. Located within a designated Opportunity Zone, this asset offers potential tax advantages and long-term appreciation benefits for investors seeking to maximize returns. With strong rental demand, central location, and proximity to all Myrtle Beach attractions, this property is positioned for both stability and upside. Whether you’re looking for a performing income property, a value-add opportunity, or a future short-term rental conversion, this centrally located multifamily delivers versatility, cash flow, and long-term growth potential in one of the Grand Strand’s most active rental markets. Don’t miss your chance to own a rare 7-unit asset in Downtown Myrtle Beach for an incredible price — opportunities like this are increasingly hard to find.
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Zillow last checked:
Listing updated:
Listed by:
Jeff FormanCell:843-902-4325,
Keller Williams The Forturro Group
Source: CCAR,MLS#: 2600165Originating MLS: Coastal Carolinas Association of Realtors
Facts & features
Interior
Heating
Central, Electric
Cooling
Central Air
Interior area
Total structure area: 3,705
Total interior livable area: 3,705 sqft
Property
Parking
Parking features: Other
Lot
Features: City Lot, Rectangular, Rectangular Lot
Details
Additional parcels included: ,
Parcel number: 44305030051
Zoning: MU-H
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes
Materials
Vinyl Siding, Wood Frame
Foundation: Slab
Condition
Resale
Year built: 1956
Utilities & green energy
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
Features: Long Term Rental Allowed, Short Term Rental Allowed