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Property type: Apartment
Year built: 1965
List Date: 2026-01-04
Area
4716 ft2
Days For Sale
2

Amenities

  • Cable Available
  • City Lot
  • Electric
  • Electricity Available
  • Long Term Rental Allowed
  • Rectangular
  • Rectangular Lot
  • Sewer Available
  • Water Available

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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Schools

1-2 SPED Schools in 29577

Name
Address
Phone
Type
Grade
620 29th Avenue North
8434481774
Public
1-2 SPED

3-5 SPED Schools in 29577

Name
Address
Phone
Type
Grade
950 Seahawk Way
8436265831
Public
3-5 SPED

6-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3101 North Oak Street
8434483932
Public
6-8 SPED

9-12 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3302 Robert Grissom Parkway
8434487149
Public
9-12 SPED

K-8 Schools in 29577

Name
Address
Phone
Type
Grade
2803 N. Oak Street
843-448-0035
Private
K-8

K-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3021 Fred Nash Blvd
8432931725
Public
K-8 SPED

PK-K SPED Schools in 29577

Name
Address
Phone
Type
Grade
612 29th Avenue North
8434481658
Public
PK-K SPED

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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    The 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

    Listing Provided by Keller Williams The Forturro G

    1405 Dunbar St., Myrtle Beach, SC 29577
    MLS #29577
    $558,000
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