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Offices418 HWY 90 Waveland, MS 39576
$309,000
Gulfport, MS 39501
MLS# 4138627
15 beds | 3120 sqft
1 / 35
Property Description
Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.
Details
Maps
Address and Location Information
Parcel Number: 0711k-04-037.002
PPIN: 82267
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 1423
Street Name: Jo Ellen
Street Suffix: Circle
County: Harrison
State: MS
Zip Code: 39501
Subdivision: Owen Place
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-02-09
List Price: $309,000
Current Price: $309,000
General Property Information
New Construction: No
# of Units Included in Sale: 5
Approx Lot Size Acres: 0.2
SqFt Source: Estimated
List Price/SqFt: 99.04
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Accessibility Features: No
Approx H/C SqFt: 3120
Year Built: 1970
Bedrooms Total: 15
Bathrooms Full: 5
Tax and Financial Information
Tax Annual Amount: 3226
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOT 1423 OWEN HOMES SUBD PHASE 2
Remarks & Miscellaneous
Public Remarks: Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential
Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential.
Planned layout includes: Total (15 bedrooms, 5 bathrooms)
Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room
Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room
Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units.
Major upgrades already completed in 2025:
Brand-new metal roof
Brand-new wood privacy fence enclosing the entire property
Fresh exterior paint
Two new French double doors
Five new mailboxes
This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.
Structure Type
Multi Family: 1
Lot Features
Near Beach: 1
Additional Type Details
Apartments - 5 or Fewer: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Cooling
None: 1
Heating
None: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Siding: 1
Roof
Metal: 1
Exterior Features
Private Yard: 1
Parking Features
Parking Total: 8
Property Features
Structure Type: Multi Family
Additional Type Details: Apartments - 5 or Fewer
Lot Features: Near Beach
Levels: Two
Cooling: None
Heating: None
Utilities: Electricity Available; Sewer Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Metal
Exterior Features: Private Yard
Listing Office: Keller Williams
Listing Agent: Elizabeth Wackenhut
Last Updated: April - 25 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$309,000
Gulfport, MS 39501
MLS# 4138627
15 beds | 3120 sqft
1 / 35
Property Description
Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.
Details
Maps
Address and Location Information
Parcel Number: 0711k-04-037.002
PPIN: 82267
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 1423
Street Name: Jo Ellen
Street Suffix: Circle
County: Harrison
State: MS
Zip Code: 39501
Subdivision: Owen Place
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-02-09
List Price: $309,000
Current Price: $309,000
General Property Information
New Construction: No
# of Units Included in Sale: 5
Approx Lot Size Acres: 0.2
SqFt Source: Estimated
List Price/SqFt: 99.04
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Accessibility Features: No
Approx H/C SqFt: 3120
Year Built: 1970
Bedrooms Total: 15
Bathrooms Full: 5
Tax and Financial Information
Tax Annual Amount: 3226
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOT 1423 OWEN HOMES SUBD PHASE 2
Remarks & Miscellaneous
Public Remarks: Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential
Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential.
Planned layout includes: Total (15 bedrooms, 5 bathrooms)
Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room
Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room
Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units.
Major upgrades already completed in 2025:
Brand-new metal roof
Brand-new wood privacy fence enclosing the entire property
Fresh exterior paint
Two new French double doors
Five new mailboxes
This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.
Structure Type
Multi Family: 1
Lot Features
Near Beach: 1
Additional Type Details
Apartments - 5 or Fewer: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Cooling
None: 1
Heating
None: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Siding: 1
Roof
Metal: 1
Exterior Features
Private Yard: 1
Parking Features
Parking Total: 8
Property Features
Structure Type: Multi Family
Additional Type Details: Apartments - 5 or Fewer
Lot Features: Near Beach
Levels: Two
Cooling: None
Heating: None
Utilities: Electricity Available; Sewer Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Metal
Exterior Features: Private Yard
Listing Office: Keller Williams
Listing Agent: Elizabeth Wackenhut
Last Updated: April - 25 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.