1304 Dunbar Street is an income-producing multifamily property positioned in a central Myrtle Beach location with strong, consistent rental demand. The property is a six-unit apartment building with block construction, offering multiple income streams on a single parcel. Zoned RMM, the site supports multifamily use and provides flexibility for an investor looking to hold, improve, or gradually reposition the asset over time. The investment story here is about density, location, and optionality rather than cosmetic flash. Being minutes from the beach, Broadway at the Beach, major roadways, shopping, dining, and employment centers, the property benefits from year-round demand from both long-term tenants and the broader Myrtle Beach rental market. Properties with multiple doors and no HOA in this area are increasingly difficult to replace, which supports long-term value and rent growth. This asset is well suited for an investor seeking a stable multifamily hold with upside through unit improvements, rent optimization, or operational efficiencies. Public records reflect some variation in reported building square footage, so buyers are encouraged to verify measurements, utilities, and unit systems during due diligence. Overall, 1304 Dunbar Street represents a practical, scalable investment opportunity in a proven Myrtle Beach rental corridor where location and zoning continue to drive value.
| MLS # | 2600215 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1951 |
| Days On Site | 233 |
| Listing Provided By | Keller Williams The Forturro Group | Jeff Forman |
| SQ Feet | 2,525 |
|---|---|
| Units | 6 |
| Zoning | RMM |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Window Units |
| Heating Yes / No | Yes |
| Heating | Electric |
| Construction Materials | Block, Wood Frame |
|---|---|
| Foundation Details | Slab |
| Lot Features | City Lot, Rectangular, Rectangular Lot |
| Parking Features | Other |
|---|
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $420,000 low | high Med: $359,900 sqft: 2,525 low | high Med: 1,609 $ / sqft: $166 low | high Med: $224 On site: 233 low | high Med: 41.5 | |
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $420,000 low | high Med: $359,900 sqft: 2,525 low | high Med: 1,609 $ / sqft: $166 low | high Med: $224 On site: 233 low | high Med: 41.5 | |