1405 Dunbar St.,Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
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.
Details
| MLS # | 2600216 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 230 |
| Listing Provided By | Keller Williams The Forturro Group | Jeff Forman |
Features
| SQ Feet | 4,716 |
|---|---|
| Basement | Y |
| Units | 5 |
| Zoning | RMM-BTW |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Electric |
Exterior
| Construction Materials | Wood Frame |
|---|---|
| Foundation Details | Crawlspace |
| Lot Features | City Lot, Rectangular, Rectangular Lot |
Parking
| Parking Features | Other |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|
Location
| Community Features | Long Term Rental Allowed |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $475,000 low | high Med: $359,900 sqft: 4,716 low | high Med: 1,866 $ / sqft: $101 low | high Med: $193 On site: 230 low | high Med: 98 | |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $475,000 low | high Med: $359,900 sqft: 4,716 low | high Med: 1,866 $ / sqft: $101 low | high Med: $193 On site: 230 low | high Med: 98 | |