1405 Dunbar St., Myrtle Beach, SC 29577
- $475,000
- 4,716
- SqFt
- List Price
- $475,000
- Status
- ACTIVE
- MLS#
- 2600216
- Price Change
- ▼ $50,000 1784065129
- Days on Market
- 204
- Property Type
- Apartment
- Total Square Feet
- 4,716
- Total Heated SqFt
- 4716
- Region
- 16f Myrtle Beach Area--10th Ave N To 29th Ave N
- Year Built
- 1965
Property Description
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.
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Additional Information
- Elementary School
- Myrtle Beach Elementary School
- Middle School
- Myrtle Beach Middle School
- High School
- Myrtle Beach High School
- Exterior Finish
- Wood Frame
- Foundation
- Crawlspace
- Lot Description
- City Lot, Rectangular, Rectangular Lot
- Lot Location
- Inside City Limits, East of Bus 17
- Possession
- Closing
- Utilities Available
- Cable Available, Electricity Available, Sewer Available, Water Available
- Zoning
- RMM-BTW
- Listing Courtesy Of
- Keller Williams The Forturro Group
- County
- Horry
- Neighborhood
- Not within a Subdivision
- Project/Section
- Not within a Subdivision
- Heating
- Electric
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
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.
Contact: Cell: 843-902-4325