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.
Pending
Price cut: $125K (9/22)
$325,000
1405 Dunbar St., Myrtle Beach, SC 29577
--beds
--baths
4,716sqft
Multi Family, Apartment
Built in 1965
-- sqft lot
$303,400 Zestimate®
$69/sqft
$-- HOA
What's special
- 273 days
- 372
- 20
Zillow last checked:
Listing updated:
Listed by:
Jeff Forman Cell:843-902-4325,
Keller Williams The Forturro Group
Source: CCAR,MLS#: 2600216
Originating MLS: Coastal Carolinas Association of Realtors
Facts & features
Interior
Heating
- Electric
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,716
- Total interior livable area: 4,716 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 0.29 Acres
- Dimensions: 76' x 168' x 76' x 168'
- Features: City Lot, Rectangular, Rectangular Lot
Details
- Additional parcels included: ,
- Parcel number: 42409030045
- Zoning: RMM-BTW
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Wood Frame
- Foundation: Crawlspace
Condition
- Resale
- Year built: 1965
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Long Term Rental Allowed
- Subdivision: Not within a Subdivision
HOA
- Has HOA: No
Location
- Region: Myrtle Beach
Financial & listing details
- Price per square foot: $69/sqft
- Date on market: 1/4/2026
- Listing terms: Cash,Conventional,Portfolio Loan
- Lease term: 12 Months
- Electric utility on property: Yes
Estimated market value
$303,400
$288,000 - $319,000
$1,588/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Pending sale | $325,000$69/sqft |
Source: | ||
| 9/22/2026 | Price change | $325,000-27.8%$69/sqft |
Source: | ||
| 8/24/2026 | Price change | $450,000-5.3%$95/sqft |
Source: | ||
| 7/14/2026 | Price change | $475,000-9.5%$101/sqft |
Source: | ||
| 6/2/2026 | Price change | $525,000-5.9%$111/sqft |
Source: | ||
| 1/4/2026 | Listed for sale | $558,000-14.2%$118/sqft |
Source: | ||
| 3/20/2025 | Listing removed | $650,000$138/sqft |
Source: | ||
| 10/8/2024 | Listed for sale | $650,000-11.7%$138/sqft |
Source: | ||
| 9/28/2023 | Listing removed | -- |
Source: | ||
| 6/16/2023 | Price change | $736,000-8%$156/sqft |
Source: | ||
| 5/25/2023 | Listed for sale | $800,000+220%$170/sqft |
Source: | ||
| 11/12/2018 | Listing removed | $249,990$53/sqft |
Source: Locus Real Estate Services,LLC #1802665 Report a problem | ||
| 10/12/2018 | Pending sale | $249,990$53/sqft |
Source: Locus Real Estate Services,LLC #1802665 Report a problem | ||
| 8/28/2018 | Price change | $249,990-9.1%$53/sqft |
Source: Locus Real Estate Services,LLC #1802665 Report a problem | ||
| 2/7/2018 | Listed for sale | $275,000-8.3%$58/sqft |
Source: Locus Real Estate Services,LLC #1802665 Report a problem | ||
| 11/2/2012 | Listing removed | $299,900$64/sqft |
Source: CENTURY 21 Broadhurst & Associ #908362 Report a problem | ||
| 11/3/2010 | Price change | $299,900-9.1%$64/sqft |
Source: Century 21 Broadhurst & Associates #908362 Report a problem | ||
| 12/5/2009 | Listed for sale | $329,999$70/sqft |
Source: The Smith Group #908362 Report a problem | ||
| 8/4/2009 | Listing removed | $329,999$70/sqft |
Source: Rachel B Broadhurst #908362 Report a problem | ||
| 4/26/2009 | Price change | $329,999-5.4%$70/sqft |
Source: Century 21 #908362 Report a problem | ||
| 2/14/2009 | Price change | $349,000-12.7%$74/sqft |
Source: Century 21 #824548 Report a problem | ||
| 10/28/2008 | Listed for sale | $399,900$85/sqft |
Source: Century 21 #824548 Report a problem | ||
| 5/9/2008 | Listing removed | $399,900$85/sqft |
Source: Century 21 Report a problem | ||
| 3/15/2008 | Listed for sale | $399,900$85/sqft |
Source: Century 21 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 29577
Nearby schools
Schools provided by the listing agent
- Elementary: Myrtle Beach Elementary School
- Middle: Myrtle Beach Middle School
- High: Myrtle Beach High School
Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






