Business HoursMon-Fri: 9PM-5PM | Sat: 9AM-1PM
Offices418 HWY 90 Waveland, MS 39576
$239,900
Hattiesburg, MS 39401
MLS# 4133278
Status: Pending
8 beds | 2294 sqft
1 / 24
Property Description
This apartment building features four spacious townhouse-style units, ideally positioned near the University of Southern Mississippi and Highway 49 for maximum tenant appeal. Once units are completely updated you'll have a great property generating steady rental income. Professional property management already in place. Prime location within Hattiesburg city limits. Close proximity to USM campus makes it perfect for student and faculty housing, while convenient highway access appeals to working professionals. The townhouse configuration provides tenants with more space and privacy than traditional apartments, commanding premium rents while minimizing turnover. Strong rental demand in this established neighborhood ensures consistent occupancy. Perfect for investors seeking a hands-off, income-generating property in a proven rental market. Don't miss this opportunity to add this asset to your portfolio!
Details
Maps
Address and Location Information
Parcel Number: 2-028b-05-030.00
Directions to Property: From Hwy 49 turn East onto Hwy 42 bypass, right on Mohawk St, left on McLelland and property is on the right.
Community Of: N/A
Street Number: 2614
Street Name: Mclelland
Street Suffix: Street
County: Forrest
State: MS
Zip Code: 39401
Subdivision: None
Listing Information
Listing Service: Full Service
Status: Pending
List Date: 2025-12-05
List Price: $239,900
Current Price: $239,900
General Property Information
New Construction: No
Property Condition: Fixer
# of Units Included in Sale: 4
Approx Lot Size Acres: 0.18
SqFt Source: Public Records
List Price/SqFt: 104.58
Year Built Known: Yes
Year Built Source: Public Records
Total Floors: 2
Bathrooms Half: 4
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
School District: Hattiesburg Public Dist
Accessibility Features: No
Complex Name: Pinecrest Apartments
Approx H/C SqFt: 2294
Year Built: 1980
Bedrooms Total: 8
Bathrooms Full: 4
Tax and Financial Information
Tax Annual Amount: 3633
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: Multiple Family Residential
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: No
Legal Description: BEG AT THE NW/COR OF NE1/4 OF NW1/4 BEING THE NW/COR OF LOT 4 OF THE T A CAHAL SUB SOUTH 497.5' FOR POB SOUTH 158.86' EAST 50' NORTH 158.86 WEST AND ALG THE SOUTH MARGIN LINE OF MCLELLAND ST 50' TO POB
Remarks & Miscellaneous
Public Remarks: This apartment building features four spacious townhouse-style units, ideally positioned near the University of Southern Mississippi and Highway 49 for maximum tenant appeal. Once units are completely updated you'll have a great property generating steady rental income. Professional property management already in place. Prime location within Hattiesburg city limits. Close proximity to USM campus makes it perfect for student and faculty housing, while convenient highway access appeals to working professionals. The townhouse configuration provides tenants with more space and privacy than traditional apartments, commanding premium rents while minimizing turnover. Strong rental demand in this established neighborhood ensures consistent occupancy. Perfect for investors seeking a hands-off, income-generating property in a proven rental market. Don't miss this opportunity to add this asset to your portfolio!
Structure Type
Quadruplex: 1
Income & Expenses
Offsite Management: 10
Lot Features
City Lot: 1
Dumpster: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Lockbox Location: Other
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Repairs: 1
Taxes: 1
Trash Collection: 1
Water: 1
Tenant Pays
Deposit: 1
Flooring
Ceramic Tile: 1
Laundry Features
In Unit: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Asphalt Shingle: 1
Exterior Features
None: 1
Parking Features
Common: 1
Concrete: 1
Open: 1
Parking Lot: 1
Water Heater
40 Gallons or Less: 1
Disclosures
As Is: 1
Lease Term
12 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: No
Unit 2
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: Yes
Unit 3
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: No
Unit 4
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: Yes
Status Change Info
Contract Date/Pending Date: 2026-01-29
Property Features
Structure Type: Quadruplex
Additional Type Details: Apartment Complex
Lot Features: City Lot; Dumpster
Levels: Two
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes; Trash Collection; Water
Tenant Pays: Deposit
Flooring: Ceramic Tile
Laundry Features: In Unit
Cooling: Central Air; Electric
Heating: Central; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Asphalt Shingle
Exterior Features: None
Parking Features: Common; Concrete; Open; Parking Lot
Water Heater: 40 Gallons or Less
Lease Term: 12 Months
Disclosures: As Is
Listing Office: Realty Star Network
Listing Agent: Jason M Gunter
Last Updated: April - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$239,900
Hattiesburg, MS 39401
MLS# 4133278
Status: Pending
8 beds | 2294 sqft
1 / 24
Property Description
This apartment building features four spacious townhouse-style units, ideally positioned near the University of Southern Mississippi and Highway 49 for maximum tenant appeal. Once units are completely updated you'll have a great property generating steady rental income. Professional property management already in place. Prime location within Hattiesburg city limits. Close proximity to USM campus makes it perfect for student and faculty housing, while convenient highway access appeals to working professionals. The townhouse configuration provides tenants with more space and privacy than traditional apartments, commanding premium rents while minimizing turnover. Strong rental demand in this established neighborhood ensures consistent occupancy. Perfect for investors seeking a hands-off, income-generating property in a proven rental market. Don't miss this opportunity to add this asset to your portfolio!
Details
Maps
Address and Location Information
Parcel Number: 2-028b-05-030.00
Directions to Property: From Hwy 49 turn East onto Hwy 42 bypass, right on Mohawk St, left on McLelland and property is on the right.
Community Of: N/A
Street Number: 2614
Street Name: Mclelland
Street Suffix: Street
County: Forrest
State: MS
Zip Code: 39401
Subdivision: None
Listing Information
Listing Service: Full Service
Status: Pending
List Date: 2025-12-05
List Price: $239,900
Current Price: $239,900
General Property Information
New Construction: No
Property Condition: Fixer
# of Units Included in Sale: 4
Approx Lot Size Acres: 0.18
SqFt Source: Public Records
List Price/SqFt: 104.58
Year Built Known: Yes
Year Built Source: Public Records
Total Floors: 2
Bathrooms Half: 4
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
School District: Hattiesburg Public Dist
Accessibility Features: No
Complex Name: Pinecrest Apartments
Approx H/C SqFt: 2294
Year Built: 1980
Bedrooms Total: 8
Bathrooms Full: 4
Tax and Financial Information
Tax Annual Amount: 3633
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: Multiple Family Residential
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: No
Legal Description: BEG AT THE NW/COR OF NE1/4 OF NW1/4 BEING THE NW/COR OF LOT 4 OF THE T A CAHAL SUB SOUTH 497.5' FOR POB SOUTH 158.86' EAST 50' NORTH 158.86 WEST AND ALG THE SOUTH MARGIN LINE OF MCLELLAND ST 50' TO POB
Remarks & Miscellaneous
Public Remarks: This apartment building features four spacious townhouse-style units, ideally positioned near the University of Southern Mississippi and Highway 49 for maximum tenant appeal. Once units are completely updated you'll have a great property generating steady rental income. Professional property management already in place. Prime location within Hattiesburg city limits. Close proximity to USM campus makes it perfect for student and faculty housing, while convenient highway access appeals to working professionals. The townhouse configuration provides tenants with more space and privacy than traditional apartments, commanding premium rents while minimizing turnover. Strong rental demand in this established neighborhood ensures consistent occupancy. Perfect for investors seeking a hands-off, income-generating property in a proven rental market. Don't miss this opportunity to add this asset to your portfolio!
Structure Type
Quadruplex: 1
Income & Expenses
Offsite Management: 10
Lot Features
City Lot: 1
Dumpster: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Lockbox Location: Other
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Repairs: 1
Taxes: 1
Trash Collection: 1
Water: 1
Tenant Pays
Deposit: 1
Flooring
Ceramic Tile: 1
Laundry Features
In Unit: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Asphalt Shingle: 1
Exterior Features
None: 1
Parking Features
Common: 1
Concrete: 1
Open: 1
Parking Lot: 1
Water Heater
40 Gallons or Less: 1
Disclosures
As Is: 1
Lease Term
12 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: No
Unit 2
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: Yes
Unit 3
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: No
Unit 4
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Furnished: No
Occupied: Yes
Status Change Info
Contract Date/Pending Date: 2026-01-29
Property Features
Structure Type: Quadruplex
Additional Type Details: Apartment Complex
Lot Features: City Lot; Dumpster
Levels: Two
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes; Trash Collection; Water
Tenant Pays: Deposit
Flooring: Ceramic Tile
Laundry Features: In Unit
Cooling: Central Air; Electric
Heating: Central; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Asphalt Shingle
Exterior Features: None
Parking Features: Common; Concrete; Open; Parking Lot
Water Heater: 40 Gallons or Less
Lease Term: 12 Months
Disclosures: As Is
Listing Office: Realty Star Network
Listing Agent: Jason M Gunter
Last Updated: April - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.