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$ 242,000
$ 259,500 6.7%
141 W 5TH ST Hattiesburg, MS 39401
4 Beds
4 Baths
1,890 SqFt
UPDATED:
Key Details
Sold Price $242,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,890 sqft
Price per Sqft $128
MLS Listing ID 2571167
Sold Date 09/17/26
Style Craftsman
Bedrooms 4
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1932
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
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
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Exterior Feature Fence, Porch
Parking Features Driveway
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One
Construction Status Excellent
Others
Tax ID 2-029F-04-243
Financing Conventional
Special Listing Condition None
Bought with Crescent Sotheby's International Realty