Apartment at 1405 Dunbar St., Myrtle Beach
Apartment at 1405 Dunbar St., Myrtle Beach, photo 2 of 13
Apartment at 1405 Dunbar St., Myrtle Beach, photo 3 of 13
Apartment at 1405 Dunbar St., Myrtle Beach, photo 4 of 13
Apartment at 1405 Dunbar St., Myrtle Beach, photo 5 of 13
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Apartment at 1405 Dunbar St., Myrtle Beach, photo 9 of 13
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Apartment at 1405 Dunbar St., Myrtle Beach, photo 13 of 13
13 photos

$325,000

1405 Dunbar St.
Myrtle Beach, SC 29577
Listed by Jeff Forman · Keller Williams The Forturro Group
Bedrooms
N/A
Bathrooms
N/A
Living area
4,716 sqft
Year built
1965

About this home

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.

Property details

MLS #
2600216
Property type
Apartment
Subdivision
Not within a Subdivision
Status
Active
Days on market
261
On market date
January 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Myrtle Beach Primary
0.88 mi away · Grades 1-2
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
695
Student:teacher ratio
15.8:1
District
Horry 01
Middle
Myrtle Beach Middle
0.99 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,213
Student:teacher ratio
15.6:1
District
Horry 01
High
Myrtle Beach High
1.17 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,570
Student:teacher ratio
18.7:1
District
Horry 01

Walkability

Blended score for Myrtle Beach's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores16
Parks13
Schools3
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Myrtle Beach, from live MLS data.

On the market 261 days -- 152 more days than Myrtle Beach's current average of 109 days.
For reference, the median list price across 4,886 active listings in Myrtle Beach right now is $255,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,107/mo
$65,000 down
$260,000 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

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Data source: Listing information provided by Coastal Carolinas Association of REALTORS® (CCAR) via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.