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$558,000
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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.
Full Property Details
Full Property Details for 1405 Dunbar St
General
- Price: $558,000
- Status: Active
- Type: Apartment
- Source: 2260
- MLS ID: 2600216
- Updated: 1/4/2026
- Added to Site: 13 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Parking
- Parking Features: Other
Location
- Area: 16F Myrtle Beach Area--10th Ave N to 29th Ave N
- County: Horry
- Subdivision: Not within a Subdivision
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Heating & Cooling
- Heating Type: Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Wood Frame
- Basement Desc.: Crawl Space
- Square Feet: 4,716
- Living Area: 4,716 Sq. Ft.
- Year Built: 1965
- Property Condition: Resale
Lot Features
- Lot Dimensions: 76' x 168' x 76' x 168'
- Lot Features: City Lot, Rectangular, Rectangular Lot
- Zoning: RMM-BTW
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, Portfolio Loan
Disclosures and Reports
- Documents Avail.: Financials
- Property ID: 42409030045
Listed by Keller Williams The Forturro G
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Schools
Schools serving 1405 Dunbar St
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 0.9 mi |
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 0.9 mi |
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 1.3 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 1 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1405 Dunbar St
Date
Details
Price
Change
Source
1/04/2026
Listed
$558,000
7.31%
MLS
3/04/2022
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1405 Dunbar St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,844
7%
$33,676
140%
2023
$6,387
75%
$14,003
—
2021
$3,643
93%
$14,003
29%
2020
$1,892
—
$10,815
-91%
2019
$1,892
11%
$122,349
15%
2018
$1,697
1%
$106,390
—
2017
$1,678
1%
$106,390
—
2015
$1,659
3%
$106,390
—
2014
$1,613
-33%
$106,400
695%
2013
$2,391
—
$13,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1405 Dunbar St
1405 Dunbar St., Myrtle Beach, SC 29577 (MLS# 2600216) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1405 Dunbar St. is currently listed for $558,000 and was received on January 04, 2026. Want to learn more about 1405 Dunbar St.? Do you have questions about finding other Apartment real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

