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Multi family home for sale at 128 Lee St, Biloxi, MS 39530 | MLS# 4154855 | Listing updated on 2026-08-22
Photo 1 of Multi family home for sale at 128 Lee St, Biloxi, MS 39530 | MLS# 4154855 | Listing updated on 2026-08-22
Photo 2 of Multi family home for sale at 128 Lee St, Biloxi, MS 39530 | MLS# 4154855 | Listing updated on 2026-08-22
Photo 3 of Multi family home for sale at 128 Lee St, Biloxi, MS 39530 | MLS# 4154855 | Listing updated on 2026-08-22
Photo 4 of Multi family home for sale at 128 Lee St, Biloxi, MS 39530 | MLS# 4154855 | Listing updated on 2026-08-22
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$690,000

Monthly Est:$3,434

  • Beds Icon3 Beds
  • Beds Icon
    4 Baths
  • Beds Icon1,723sqft

128 Lee St, Biloxi, MS 39530

$3,434/moEst:

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  • Multi Family

  • Built in 1987

  • $-- HOA

  • 0.23 acre lot

  • $400/sq.ft

Description

Rare opportunity to own a unique micro-resort compound just minutes from downtown, the harbor, casinos, restaurants, and entertainment. This exceptional property features two rental ready units with immediate income potential and significant upside. Unit A is a beautifully appointed 2-bedroom, 2-bath pool house overlooking a private saltwater pool, spacious cabana, lush tropical landscaping, and a magnificent legacy Live Oak. With private off-street parking, this unit is turnkey and ready for short-term rental or personal use. Unit B offers a 1-bedroom, 1-bath apartment with a private entrance and balcony and has an established history of successful short-term rental income. Unit C is approximately 1,000 square feet, fully gutted and ready for renovation, providing an outstanding value-add opportunity. The space has the potential to accommodate 6-8 guests, creating an additional income-producing unit. Whether you're looking to expand your investment portfolio, operate a boutique vacation rental, or create a private family retreat, this one-of-a-kind compound offers immediate cash flow, future expansion potential, and an unbeatable location. Highlights: • Walkable to beaches, downtown, the harbor, casinos, dining, and entertainment • Private saltwater pool and expansive cabana • Mature tropical landscaping anchored by a stunning Live Oak • Unit A ready for immediate STR operation • Unit B ready for immediate STR operation with proven rental history • Unit C offers exceptional value-add potential • Private entrances and excellent flexibility for owner-occupants or investors

  • Houzeo last checked: 2 hours ago
  • Listing updated: August 22, 2026 at 2:36 pm
  • Listing Provided by: Shane C Kowalski (228) 216-1517 DRE #B24780 | Veterans Realty (228) 864-3444
  • Source: MLS United-MS | MLS#: 4154855 MLS United-MS

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Harrison County

  • City

    Biloxi

  • Neighborhood

    --

  • Year Built

    1987

  • HOA Fees

    -

  • Finished Area

    1,723 sqft

  • Lot Size

    0.23 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS United

  • MLS Number

    4154855

  • MLS Status

    Active

  • Days on Market

    97

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 4

Interior

  • Flooring

    Laminate, Tile

  • Sewer

    Public Sewer

  • Exterior Features

    Awning(s), Lighting, Outdoor Grill, Private Yard

  • Cooling

    Central Air, Energy Star Qualified Equipment, Heat Pump, Wall/window Unit(s), Gas

  • Interior Features

    Bar, Bookcases, Built In Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, High Speed Internet, In Law Floorplan, Kitchen Island, Track Lighting, Vaulted Ceiling(s), Breakfast Bar

  • Appliances

    Dishwasher, Free Standing Refrigerator

  • Heating

    Electric, Natural Gas

Construction

  • Year Built

    Year Built: 1987

  • Home type

    Multi Family

  • Property Condition

    Updated/remodeled

  • Architectural Style

    Mediterranean/spanish, Mid Century

  • Construction Materials

    Masonry, Stucco, Plaster

  • Roof

    Architectural Shingles, Asphalt, Shingle

  • Foundation Details

    Slab

Utilities & Energy

  • Water Source

    Public

  • Security Features

    Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Secured Garage/parking, Security Fence

  • Parking Features

    Carport, Electric Gate, Garage Faces Side, Off Site, Concrete, Paved

  • Utilities

    Electricity Connected, Sewer Connected

  • Laundry Features

    Inside

  • Pool Features

    Equipment, In Ground, Outdoor Pool, Pool Sweep, Salt Water

Other Features

  • Disclosures

    None

  • Subdivision Name

    Metes And Bounds

  • Patio And Porch Features

    Awning(s), Slab, Wrap Around

  • Lot Features

    Landscaped, Views

Price History

DateEventPrice

07/04/2026

Source: mls_logoMLS United-MS #4154855

Price Decreased

$690,000 -8.00%

$400/sqft

12/22/2025

Source: mls_logoMLS United-MS #4134438

Off Market

$750,000

$435/sqft

12/22/2025

Source: mls_logoMLS United-MS #4134438

Listed for Sale

$750,000

$435/sqft

Based on information from MLS United, LLC. through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 MLS United, LLC. All Rights Reserved.

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