1405 Dunbar St., Myrtle Beach, SC 29577
1405 Dunbar St., Myrtle Beach, SC 29577
1405 Dunbar St., Myrtle Beach, SC 29577
1405 Dunbar St., Myrtle Beach, SC 29577
1405 Dunbar St., Myrtle Beach, SC 29577
1405 Dunbar St., Myrtle Beach, SC 29577
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Listed by Jeff Forman • Keller Williams The Forturro Group • Cell: 843-902-4325
Bought with Keller Williams The Forturro Group

$223,275

$325,000

31.3%
Est.Price: ?

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4,716 SqFt


SOLD DATE : 10/21/2026

Key Details

Sold Price $223,275

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 4,716 sqft

Price per Sqft $47

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2600216

Sold Date 10/21/26

Construction Status Resale

HOA Y/N No

Year Built 1965

Property Sub-Type Apartment

Source CCAR

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.

Location

State SC

County Horry

Community Not Within A Subdivision

Area 16F Myrtle Beach Area--10Th Ave N To 29Th Ave N

Zoning RMM-BTW

Rooms

Basement Crawl Space

Interior

Heating Electric

Fireplace No

Exterior

Parking Features Other

Community Features Long Term Rental Allowed

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Building

Lot Description City Lot, Rectangular, Rectangular Lot

Foundation Crawlspace

Water Public

Construction Status Resale

Schools

Elementary Schools Myrtle Beach Elementary School

Middle Schools Myrtle Beach Middle School

High Schools Myrtle Beach High School

Others

Senior Community No

Tax ID 42409030045

Acceptable Financing Cash, Conventional, Portfolio Loan

Listing Terms Cash, Conventional, Portfolio Loan

Financing Cash

Special Listing Condition None

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Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Nearby Schools & Businesses

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James M "Jim" Covington

James M "Jim" Covington

+1(843) 814-5462

Realtor® License ID: 7067

Realtor® License ID: 7067

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