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141 W 5th Street
Hattiesburg, MS 39401

$259,500 - Status: Active
SQFT: 1,890
MLS# 2571167

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.

Property Features

MLS#: 2571167
Zip: 39401
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Duplex, Craftsman
Lot Size: 0.10 acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1932

Feature Descriptions

Exterior: Wood Siding
Exterior Features: Fence, Porch
Laundry: Inside
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 50X91
Parking: Driveway
Patio/Porch: Porch
Property Condition: Excellent
Sewer: Public Sewer
Units: 2
Water: Public

141 W 5th Street | MLS# 2571167

This multi-family property located at 141 W 5th Street , Hattiesburg, MS 39401 is currently listed for sale with an asking price of $259,500. Search Hattiesburg real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Crescent Sotheby's International Realty
Agency Phone: (504) 944-3605

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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