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141 W 5th Street, Hattiesburg, MS 39401 (MLS# 4158378)

141 W 5th Street, Hattiesburg, MS 39401

$242,000
Property Type: Res Income Multi-Fam Bedrooms: 4 Square Footage: 1,890 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $242,000 List Date: 8/06/2026 Last Modified: 9/18/2026

Overview

Description

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 ...

Listing Details MLS# 4158378

General Property Information

# of Units Included in Sale
2
Approx Lot Size Acres
0.1
Approx H/C SqFt
1890
SqFt Source
Other
List Price/SqFt
137.3
Year Built Known
Yes
Year Built
1932
Year Built Source
Owner
Total Floors
Yes
Bedrooms Total
4
Bathrooms Full
4
Furnished
Yes
Pool
No
Accessibility Features
No

Property Features

Structure Type: Duplex Architectural Style: See Remarks Lot Features: City Lot; Fenced; Front Yard Levels: One Tenant Pays: All Utilities Furnished: See Remarks Interior Features: Ceiling Fan(s); Eat-in Kitchen Kitchen Features: Kitchen/Family Room View Bathroom Features: Walk-In Shower Fireplace Features: None Appliances: Dishwasher; Electric Range; Range Hood; Refrigerator; Stainless Steel Appliance(s) Flooring: Tile; Wood Laundry Features: Inside Security Features: None Cooling: Ceiling Fan(s); Central Air Heating: Central Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Raised Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Roof: Shingle Exterior Features: Private Yard Patio And Porch Features: Front Porch Fencing: Full; Wood Driveway Features: Gravel Drive Parking Features: Driveway Waterfront Features: None Lease Term: Other; See Remarks Disclosures: As Is; Lead Paint Approx Age Code: Older Home 25+ Years Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 2 Appliances: Dishwasher; Range; Refrigerator

Address and Location Information

Street Number
141
Street Direction
W
Street Name
5th
Street Suffix
Street
County
Forrest
State
MS
Zip Code
39401
Parcel Number
2-029f-04-243.00
PPIN
227 -0336-001-005.00
Subdivision
None
Community Of
N/A

Listing Information

Listing Service
Full Service
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
1212
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
Yes
Legal Description
S 90.9FT LT 3 BLK 1 DB576 P567 11/86 BK 619 PG 146 07/07/1989 PREV #:H0336-01-005 3/91 649/549 B667 P138 2/19/92 B683 P012 12/9/92 11/94 722/201

Status Change Info

Contract Date/Pending Date
2026-08-28
Closing Date
2026-09-17
Sold Price/SqFt
128.04

More Information

Workshop Features

Workshop
No

Waterfront Features

Waterfront
No

Barn Features

Barn
No

Horse Amenities

Horse Amenities
No

Showing Requirements

Showing
Appointment Required
Lockbox Location
Front Door

Unit 1

Full Baths
2
Furnished
No
Leased
Yes
Occupied
Yes
Description
Unit 20 (tenant)

Unit 2

Full Baths
2
Furnished
Yes
Leased
Yes
Occupied
Yes
Description
Unit 10 (Airbnb)
Listing Office: Crescent Sotheby's International Realty
Listing Agent: Douglas Adams
Source MLS Verified
Last Updated: September - 18 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.