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401 Alder St., Myrtle Beach, SC 29577

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For Sale

$749,900

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 2511772

Courtesy Of Beach One Realty

(843) 213-1720

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 401 Alder St., Myrtle Beach, SC 29577

Home seller CENTURY 21 Barefoot Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Barefoot Realty

(843) 390-2121
Learn More About Us

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Monthly Payment Breakdown

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Copyright © 2025 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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