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$699,900
Monthly Est:$3,484
24 Beds
12 Baths12 full baths
8,700sqft
5420 28th Street, Gulfport, MS 39501
$699,900
$3,484/moEst:
Get Pre-Approved
Multi Family
Built in 1979
$-- HOA
0.62 acre lot
$80/sq.ft
Description
PRICE IMPROVEMENT — $35,100 REDUCTION. Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport — one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath apartments plus one 1-bedroom studio. The twelve apartments, in three residential buildings, are 100% leased and generate $8,490/month ($101,880/year). At the reduced price that is $53,838 per unit and a 6.87x gross rent multiplier. THREE COMPONENTS AT NO ASSIGNED VALUE. All current income comes from the twelve apart...
Continue Reading- Houzeo last checked: 50 minutes ago
- Listing updated: August 31, 2026 at 8:50 pm
- Listing Provided by: Philip J Leblanc (228) 860-0082 DRE #S30047 | Coldwell Banker Alfonso Realty-Lorraine Rd (228) 287-1000
- Source: MLS United-MS | MLS#: 4150839
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1979
HOA Fees
-
Finished Area
8,700 sqft
Lot Size
0.62 acre lot
Basement Area
- sqft
MLS Name
MLS United
MLS Number
4150839
MLS Status
Active
Days on Market
42
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 12
Interior
Cooling
Central Air, Electric
Sewer
Public Sewer
Exterior Features
None
Heating
Central, Electric
Interior Features
Open Floorplan
Flooring
Ceramic Tile
Window Features
Aluminum Frames
Appliances
Electric Water Heater, Range, Refrigerator
Construction
Year Built
Year Built: 1979
Home type
Multi Family
Construction Materials
Brick, Wood Siding
Architectural Style
Traditional
Foundation Details
Slab
Roof
Architectural Shingles
Utilities & Energy
Laundry Features
See Remarks
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Parking Features
Common, Concrete
Security Features
Smoke Detector(s)
Water Source
Public
Other Features
Patio And Porch Features
Front Porch
Tenant Pays
Electricity
Subdivision Name
Kennelworth Park
Disclosures
None
Lot Features
Corner Lot, Level, Dumpster
Price History
| Date | Event | Price |
|---|---|---|
08/07/2026 Source: | Listed for Sale | $735,000 +5.02% $84/sqft |
08/07/2026 Source: | Price Decreased | $699,900 -4.78% $80/sqft |
06/05/2026 Source: | Pending | $735,000 $84/sqft |
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Based on information from MLS United, LLC. through Sep 18, 2026, 05:46PM. 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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