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Lee Garland

lee@garlandgroup.com +1(601) 941-2424

$ 259,500

Est. payment -/mo

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Active

141 W 5th Street Hattiesburg, MS 39401

4 Beds

4 Baths

1,890 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $137

MLS Listing ID 4158378

Style See Remarks

Bedrooms 4

Full Baths 4

Year Built 1932

Annual Tax Amount $1,212

Lot Size 4,356 Sqft

Acres 0.1

Source MLS United

Property Description

A Turnkey Duplex Investment in the Heart of the North Main Historic District Let me tell you why this one is different from the stack of "investment opportunities" you've probably been scrolling through. This isn't a spreadsheet promise — it's a duplex that's already doing the work. Right now, today, this property is generating over $3,000 a month in combined revenue, and it's set up so you can step into ownership without missing a beat. Two sides, two bedrooms, two bathrooms each — mirror images of comfortable, well-proportioned living space. The right side is home to a long-term tenant who's already in place. That's instant, predictable cash flow from day one. The left side is your income multiplier. It's currently operating as a well-performing Airbnb, which means you're not locked into a single flat rental number. Here's the part that really makes this deal sing: you're sitting in the North Main Historic District, minutes from the absolute heart of downtown Hattiesburg. Picture your guests' Friday night: a short walk down to Bourbon on Front or Trattoria Pizzeria, and if it's spring or fall, they're catching Live at Five at Town Square Park with local bands, food trucks, and the kind of small-town energy people specifically travel for. Saturday morning? Coffee and bagels at Southbound Bagel and Coffee Shop, then wandering the aisles of The Lucky Rabbit. From there, it's a short stroll past the antique shops and galleries lining Main Street, with the beautifully restored Saenger Theater anchoring the whole district. Immediate income — over $3,000/month already flowing in, no ramp-up required Built-in stability — a long-term tenant anchoring half the property Built-in upside — an established, proven Airbnb on the other half A location that sells itself — walkable to the restaurants, theater, shops, and events that make downtown Hattiesburg a genuine destination.

Location

State MS

County Forrest

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile, Wood

Fireplaces Type None

Furnishings Yes

Appliance Dishwasher, Electric Range, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s)

Laundry Inside

Exterior

Exterior Feature Private Yard

Parking Features Driveway, Gravel

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description None

Roof Type Shingle

Porch Front Porch

Garage No

Private Pool No

Building

Lot Description City Lot, Fenced, Front Yard

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories One

Structure Type Private Yard

New Construction No

Others

Tax ID 2-029f-04-243.00

Virtual Tour https://www.propertypanorama.com/141-W-5th-Street-Hattiesburg-MS-39401/unbranded

Listed by Crescent Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

Lee Garland

Broker | License ID: 13983

+1(601) 941-2424

Lee Garland

141 W 5th Street Hattiesburg, MS 39401

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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141 W 5th Street