Bought with Keller Williams The Forturro Group
$223,275
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1405 Dunbar St. Myrtle Beach, SC 29577
4,716 SqFt
Key Details
Sold Price $223,275
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,716 sqft
Price per Sqft $47
Municipality Not within a Subdivision
Subdivision Not Within A Subdivision
MLS Listing ID 2600216
Sold Date 10/21/26
Construction Status Resale
HOA Y/N No
Year Built 1965
Property Sub-Type Apartment
Source CCAR
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.
Location
State SC
County Horry
Community Not Within A Subdivision
Area 16F Myrtle Beach Area--10Th Ave N To 29Th Ave N
Zoning RMM-BTW
Rooms
Basement Crawl Space
Interior
Heating Electric
Fireplace No
Exterior
Parking Features Other
Community Features Long Term Rental Allowed
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Building
Lot Description City Lot, Rectangular, Rectangular Lot
Foundation Crawlspace
Water Public
Construction Status Resale
Schools
Elementary Schools Myrtle Beach Elementary School
Middle Schools Myrtle Beach Middle School
High Schools Myrtle Beach High School
Others
Senior Community No
Tax ID 42409030045
Acceptable Financing Cash, Conventional, Portfolio Loan
Listing Terms Cash, Conventional, Portfolio Loan
Financing Cash
Special Listing Condition None
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