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511 32nd Street, Gulfport, MS 39507 (MLS# 4141295)

511 32nd Street, Gulfport, MS 39507

$749,900
Property Type: Res Income Multi-Fam Bedrooms: 19 Square Footage: 10,276 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $749,900 List Date: 3/05/2026 Last Modified: 3/05/2026

Overview

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.

Listing Details MLS# 4141295

General Property Information

# of Units Included in Sale
15
Approx Lot Size Acres
0.33
Approx H/C SqFt
10276
SqFt Source
Appraiser
List Price/SqFt
72.98
Year Built
1965
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
19
Bathrooms Full
16
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
New Construction
No
Property Condition
Updated/Remodeled
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

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

Address and Location Information

Street Number
511
Street Name
32nd
Street Suffix
Street
County
Harrison
State
MS
Zip Code
39507
Parcel Number
0910n-05-010.000
Subdivision
Magnolia Grove
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Listing Service
Full Service

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

Showing Requirements

Showing
Appointment Required
Appointment Phone
228-819-2091

More Information

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
Yes

Income & Expenses

See Remarks
Yes

Lot Features

City Lot
Yes
Level
Yes

Additional Type Details

Apartment Complex
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Waterfront Features

None
Yes

Interior Features

Laminate Counters
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Owner Pays

Grounds Care
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes
See Remarks
Yes

Tenant Pays

See Remarks
Yes

Kitchen Features

Kitchen/Family Room Combo
Yes

Fireplace Features

None
Yes

Appliances

Cooktop
Yes
Electric Oven
Yes
Free-Standing Electric Range
Yes
Refrigerator
Yes
Water Heater
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Ceramic Tile
Yes
Combination
Yes
Laminate
Yes

Window Features

Blinds
Yes

Laundry Features

None
Yes
See Remarks
Yes

Security Features

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Ductless
Yes
Electric
Yes
Wall/Window Unit(s)
Yes

Heating

Central
Yes
Ductless
Yes
Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes

Roof

Shingle
Yes

Exterior Features

Lighting
Yes

Patio And Porch Features

None
Yes

Fencing

None
Yes

Driveway Features

Paved Drive
Yes

Parking Features

Common
Yes
On Site
Yes

Community Features

Near Entertainment
Yes
Street Lights
Yes

Horse Amenities

None
Yes

Water Heater

40 Gallons or Less
Yes
Electric
Yes

Available Documents

Leases
Yes
Tax Info
Yes
See Remarks
Yes

Disclosures

Investment
Yes
Lead Paint
Yes

Approx Age Code

Older Home 25+ Years
Yes

Uncovered Parking?

1-25 Spaces
Yes

Lease Term

12 Months
Yes
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.