For sale

Price cut: $30K (6/2)

$525,000

1101 Dunbar St. #1000 Spivey Ave, Myrtle Beach, SC 29577

--beds

--baths

2,976sqft

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Multi Family, Apartment

Built in 1950

-- sqft lot

$501,700 Zestimate^®

$176/sqft

$-- HOA

What's special

Three duplex buildingsFunctional two-bedroom layout

Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!

180 days

207

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Facts & features

Interior

Heating

Electric

Cooling

Wall/Window Unit(s)

Interior area

Total structure area: 2,976
Total interior livable area: 2,976 sqft

Property

Parking

Parking features: Other

Lot

Size: 0.3 Acres
Dimensions: 78' x 169' x 78' x 169'
Features: City Lot, Rectangular, Rectangular Lot

Details

Additional parcels included: ,
Parcel number: 42416010052
Zoning: RMM
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes

Materials

Block
Foundation: Slab

Condition

Resale
Year built: 1950

Utilities & green energy

Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Features: Long Term Rental Allowed
Security: Heat Detector, Smoke Detector(s)
Subdivision: Not within a Subdivision

HOA

Has HOA: No

Location

Region: Myrtle Beach

Financial & listing details

Price per square foot: $176/sqft
Date on market: 1/3/2026
Listing terms: Cash,Conventional,Portfolio Loan
Lease term: 12 Months
Electric utility on property: Yes

Estimated market value

$501,700

$477,000 - $527,000

$1,557/mo

Price history

Date	Event	Price
6/2/2026	Price change	$525,000-5.4%$176/sqft
Source: CCAR #2600195 Report a problem
1/3/2026	Listed for sale	$555,000$186/sqft
Source: CCAR #2600195 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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