The aim of this research is to investigate the effects of the variation of the steric repulsion force among multiwalled carbon nanotubes (MWCNTs) while dispersed in epoxy. Different amounts (0.25, 0.5, and 0.75 wt %) of MWCNTs were used to prepare nanocomposites in the presence of an anionic surfactant, linear alkyl benzene sulfonic acid (LABSA), to examine the effect of loading MWCNTs into the epoxy composites. The mechanical properties of the nanocomposites were analyzed by tensile, flexural, and impact testing. The structural and crystalline properties were evaluated by Fourier transform infrared spectroscopy and X‐ray diffraction analysis. The thermal properties were assessed by thermogravimetric analysis and differential scanning calorimetry, whereas dispersion and surface morphology were examined by scanning electron microscopy. It was observed that MWCNTs enhanced the tensile strength (TS) and flexural strength (FS) of the composites. The TS and FS of the composites were improved by 75.0% and 91.6%, respectively, with the inclusion of 0.50 wt % MWCNTs. The thermal properties of the composites were enhanced significantly with the addition of MWCNTs. LABSA improved the steric repulsion of MWCNTs as a consequence of homogeneous dispersion in the composites. © 2018 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2018, 135, 46883.