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    1405 Dunbar St Myrtle Beach, SC 29577

    Sponsored
    For Sale
    $558,000

    Apartments - Myrtle Beach, SC

    Days on Market:
    5
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 1405 Dunbar St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Other

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1965
    Number of units
    5
    Building materials
    Frame
    Architectural style
    Other

    Keller Williams Myrtle Beach (843) 443-9400 [email protected]

    Listing agent Jeff Forman (843) 443-9400

    Listing date Jan 4, 2026

    MLS# 2600216 Listing URL

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Income Property in Myrtle Beach

    The multifamily income property at 1405 Dunbar Street is designed 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. 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. The property contains approximately 4,700 square feet on roughly 0.29 acres. 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. This represents an income-focused investment where location, density, and simplicity support long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EmPressedLove & Crafts Artistic Handicrafts

    Suggested Use

    Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Skin Care Clinic Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8793853
    Latitude
    33.7049355

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with consistent rental demand in central Myrtle Beach.
    Where is this apartment building located?
    The property is located at 1405 Dunbar St Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $558,000.
    What are key features of this property?
    This property features: - Prime location in central Myrtle Beach, close to the beach, major roadways, shopping, employment, and entertainment.; - Multifamily income property with five 2-bedroom, 1-bath units, ideal for consistent rental demand.; - Separately metered electric service for each unit, simplifying expense management.
    (843) 443-9400
    Request Owner's contact information
    1405 Dunbar St Myrtle Beach, SC 29577
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    Myrtle Beach, SC 29577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1405 Dunbar St Myrtle Beach, SC 29577
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