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
...
(Read more)
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 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.
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

Last Updated: September - 18 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.