Business HoursMon-Fri: 9PM-5PM | Sat: 9AM-1PM
Offices418 HWY 90 Waveland, MS 39576
$749,900
Gulfport, MS 39507
MLS# 4141295
19 beds | 10276 sqft
1 / 31
Property Description
Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Details
Maps
Address and Location Information
Parcel Number: 0910n-05-010.000
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 511
Street Name: 32nd
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Magnolia Grove
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-03-04
List Price: $749,900
Current Price: $749,900
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 15
Approx Lot Size Acres: 0.33
SqFt Source: Appraiser
List Price/SqFt: 72.98
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 0
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
School District: Gulfport Dist
Elementary School: Pass Road
Middle or Junior School: Bayou View Middle School
High School: Gulfport
Accessibility Features: No
Approx H/C SqFt: 10276
Year Built: 1965
Bedrooms Total: 19
Bathrooms Full: 16
Tax and Financial Information
Tax Annual Amount: 7658
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: General Business
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 1 & 2 BLK 14 REV OF MAGNOLIA GROVE
Remarks & Miscellaneous
Public Remarks: Looking to expand your investment portfolio?
This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities.
The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium.
Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes.
The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants.
Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal.
Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed.
Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Structure Type
Multi Family: 1
Income & Expenses
See Remarks: 1
Lot Features
City Lot: 1
Level: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
None: 1
Showing Requirements
Showing: Appointment Required
Appointment Phone: 228-819-2091
Interior Features
Laminate Counters: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Grounds Care: 1
Sewer: 1
Trash Collection: 1
Water: 1
See Remarks: 1
Tenant Pays
See Remarks: 1
Kitchen Features
Kitchen/Family Room Combo: 1
Fireplace Features
None: 1
Appliances
Cooktop: 1
Electric Oven: 1
Free-Standing Electric Range: 1
Refrigerator: 1
Water Heater: 1
Walls - Interior
Sheetrock: 1
Flooring
Ceramic Tile: 1
Combination: 1
Laminate: 1
Window Features
Blinds: 1
Laundry Features
None: 1
See Remarks: 1
Security Features
None: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Ductless: 1
Electric: 1
Wall/Window Unit(s): 1
Heating
Central: 1
Ductless: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Roof
Shingle: 1
Exterior Features
Lighting: 1
Patio And Porch Features
None: 1
Fencing
None: 1
Driveway Features
Paved Drive: 1
Parking Features
Common: 1
On Site: 1
Community Features
Near Entertainment: 1
Street Lights: 1
Horse Amenities
None: 1
Water Heater
40 Gallons or Less: 1
Electric: 1
Available Documents
Leases: 1
Tax Info: 1
See Remarks: 1
Disclosures
Investment: 1
Lead Paint: 1
Approx Age Code
Older Home 25+ Years: 1
Uncovered Parking?
1-25 Spaces: 1
Lease Term
12 Months: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartment Complex
Lot Features: City Lot; Level
Levels: Two
Owner Pays: Grounds Care; Trash Collection; Water; See Remarks
Tenant Pays: See Remarks
Interior Features: Laminate Counters
Kitchen Features: Kitchen/Family Room Combo
Fireplace Features: None
Appliances: Cooktop; Electric Oven; Free-Standing Electric Range; Refrigerator; Water Heater
Walls - Interior: Sheetrock
Flooring: Ceramic Tile; Combination; Laminate
Window Features: Blinds
Laundry Features: None; See Remarks
Security Features: None
Cooling: Ceiling Fan(s); Central Air; Ductless; Electric; Wall/Window Unit(s)
Heating: Central; Ductless; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Shingle
Exterior Features: Lighting
Patio And Porch Features: None
Fencing: None
Driveway Features: Paved Drive
Parking Features: Common; On Site
Community Features: Near Entertainment; Street Lights
Waterfront Features: None
Horse Amenities: None
Water Heater: 40 Gallons or Less; Electric
Lease Term: 12 Months
Disclosures: Investment; Lead Paint
Approx Age Code: Older Home 25+ Years
Available Documents: Leases; Tax Info; See Remarks
Listing Office: Beau Vue Realty, LLC
Listing Agent: Monique C Ward
Last Updated: March - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$749,900
Gulfport, MS 39507
MLS# 4141295
19 beds | 10276 sqft
1 / 31
Property Description
Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Details
Maps
Address and Location Information
Parcel Number: 0910n-05-010.000
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 511
Street Name: 32nd
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Magnolia Grove
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-03-04
List Price: $749,900
Current Price: $749,900
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 15
Approx Lot Size Acres: 0.33
SqFt Source: Appraiser
List Price/SqFt: 72.98
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 0
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
School District: Gulfport Dist
Elementary School: Pass Road
Middle or Junior School: Bayou View Middle School
High School: Gulfport
Accessibility Features: No
Approx H/C SqFt: 10276
Year Built: 1965
Bedrooms Total: 19
Bathrooms Full: 16
Tax and Financial Information
Tax Annual Amount: 7658
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: General Business
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 1 & 2 BLK 14 REV OF MAGNOLIA GROVE
Remarks & Miscellaneous
Public Remarks: Looking to expand your investment portfolio?
This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities.
The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium.
Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes.
The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants.
Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal.
Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed.
Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Structure Type
Multi Family: 1
Income & Expenses
See Remarks: 1
Lot Features
City Lot: 1
Level: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
None: 1
Showing Requirements
Showing: Appointment Required
Appointment Phone: 228-819-2091
Interior Features
Laminate Counters: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Grounds Care: 1
Sewer: 1
Trash Collection: 1
Water: 1
See Remarks: 1
Tenant Pays
See Remarks: 1
Kitchen Features
Kitchen/Family Room Combo: 1
Fireplace Features
None: 1
Appliances
Cooktop: 1
Electric Oven: 1
Free-Standing Electric Range: 1
Refrigerator: 1
Water Heater: 1
Walls - Interior
Sheetrock: 1
Flooring
Ceramic Tile: 1
Combination: 1
Laminate: 1
Window Features
Blinds: 1
Laundry Features
None: 1
See Remarks: 1
Security Features
None: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Ductless: 1
Electric: 1
Wall/Window Unit(s): 1
Heating
Central: 1
Ductless: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Roof
Shingle: 1
Exterior Features
Lighting: 1
Patio And Porch Features
None: 1
Fencing
None: 1
Driveway Features
Paved Drive: 1
Parking Features
Common: 1
On Site: 1
Community Features
Near Entertainment: 1
Street Lights: 1
Horse Amenities
None: 1
Water Heater
40 Gallons or Less: 1
Electric: 1
Available Documents
Leases: 1
Tax Info: 1
See Remarks: 1
Disclosures
Investment: 1
Lead Paint: 1
Approx Age Code
Older Home 25+ Years: 1
Uncovered Parking?
1-25 Spaces: 1
Lease Term
12 Months: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartment Complex
Lot Features: City Lot; Level
Levels: Two
Owner Pays: Grounds Care; Trash Collection; Water; See Remarks
Tenant Pays: See Remarks
Interior Features: Laminate Counters
Kitchen Features: Kitchen/Family Room Combo
Fireplace Features: None
Appliances: Cooktop; Electric Oven; Free-Standing Electric Range; Refrigerator; Water Heater
Walls - Interior: Sheetrock
Flooring: Ceramic Tile; Combination; Laminate
Window Features: Blinds
Laundry Features: None; See Remarks
Security Features: None
Cooling: Ceiling Fan(s); Central Air; Ductless; Electric; Wall/Window Unit(s)
Heating: Central; Ductless; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Shingle
Exterior Features: Lighting
Patio And Porch Features: None
Fencing: None
Driveway Features: Paved Drive
Parking Features: Common; On Site
Community Features: Near Entertainment; Street Lights
Waterfront Features: None
Horse Amenities: None
Water Heater: 40 Gallons or Less; Electric
Lease Term: 12 Months
Disclosures: Investment; Lead Paint
Approx Age Code: Older Home 25+ Years
Available Documents: Leases; Tax Info; See Remarks
Listing Office: Beau Vue Realty, LLC
Listing Agent: Monique C Ward
Last Updated: March - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.