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.
224 days
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389
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23
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Zillow last checked:
Listing updated:
Listed by:
Jeff FormanCell:843-902-4325,
Keller Williams The Forturro Group
Source: CCAR,MLS#: 2600216Originating 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