501 Bay Street, Hattiesburg, MS 39401 (MLS# 4164340)

501 Bay Street, Hattiesburg, MS 39401

$549,500

Virtual Tour

https://www.propertypanorama.com/501-Bay-Street-Hattiesburg-MS-39401/unbranded

Property Type: Residential Bedrooms: 4 Square Footage: 3,522 Lot Size (sq. ft.): 12,632 Status: Active

Current Price: $549,500 List Date: 10/02/2026 Last Modified: 10/19/2026

Overview

Description

Live in a piece of history, rent out the rest, or run it all as an income property. 501 Bay Street is a 1910 Colonial Revival in Hattiesburg's Historic District with a turnkey carriage house apartment and two short-term-rental rooms in the main home. Over the last 12 months, the property generated about $53,800 in gross rental income through Airbnb and VRBO, roughly $4,500 a month before expenses. Income history is available on request. Three ways to own it: • Investors: Keep the short-term rental setup, or lease the carriage house long term for steadier income. • Owner-occupants: Live in the main home and let the carriage house and rental rooms help cover the mortgage. • Your own private estate: Take back the rooms and use the carriage house for guests, family, or a home office. The carriage house: This gorgeously updated apartment has a full bath and kitchenette and is ready to rent today, short term or long term. It also works as a mother-in-law suite or ... (Read more) Live in a piece of history, rent out the rest, or run it all as an income property. 501 Bay Street is a 1910 Colonial Revival in Hattiesburg's Historic District with a turnkey carriage house apartment and two short-term-rental rooms in the main home. Over the last 12 months, the property generated about $53,800 in gross rental income through Airbnb and VRBO, roughly $4,500 a month before expenses. Income history is available on request. Three ways to own it: • Investors: Keep the short-term rental setup, or lease the carriage house long term for steadier income. • Owner-occupants: Live in the main home and let the carriage house and rental rooms help cover the mortgage. • Your own private estate: Take back the rooms and use the carriage house for guests, family, or a home office. The carriage house: This gorgeously updated apartment has a full bath and kitchenette and is ready to rent today, short term or long term. It also works as a mother-in-law suite or a college student rental. The main home: Built in 1910 by the Jeff Cook family, this contributing property in the National Register district was a filming location for Don't Look Back: The Story of Leroy 'Satchel' Paige. The wide wraparound porch has Ionic columns, spindle railings, and a beadboard ceiling, and the 3,500+ sq ft home sits on a corner lot with deep roof overhangs and oversized windows. Inside you'll find original hardwood floors, substantial wood trim, and an open foyer with a wooden staircase. A handcrafted archway with fretwork and slender columns leads to the formal living room, with a second living room behind it. Six fireplaces with original mantels and tilework carry the detail from room to room. The kitchen has white cabinetry to the ceiling, pendant lighting, and a peninsula open to the dining area, which has wainscoting and interior shutters. There is one downstairs bedroom and three upstairs bedrooms, each with a fireplace, plus three full baths. The upstairs primary suite has a walk-in closet, a jetted tub, and a separate shower. Another bath has a clawfoot tub and beadboard wainscoting. Two staircases connect the floors, and the laundry room is upstairs. Outside, the covered rear porch overlooks the fenced backyard and a newly installed pond with rock edging, aquatic plants, and palms. Stone pathways, a patio, and a detached outbuilding complete the property. Historic charm, flexible income, and a location close to [downtown/USM/dining]. Schedule your private viewing today!

Listing Details MLS# 4164340

General Property Information

Property Sub Type: Single Family Residence
New Construction: No
Approx Lot Size Acres: 0.29
Approx H/C SqFt: 3522
SqFt Source: Owner
List Price/SqFt: 156.02
Year Built Known: Yes
Year Built: 1910
Year Built Source: Public Records
Garage Spaces: 2
Total Floors: 2
Bedrooms Total: 4
Bathrooms Full: 3
Fireplace: Yes
Fireplaces Total: 6
Pool: No
School District: Hattiesburg Public Dist
Home Warranty: No
Accessibility Features: No

Property Features

Structure Type: House Lot Features: Corner Lot Association Fee Includes: Other Interior Features: Ceiling Fan(s); Crown Molding; Entrance Foyer; Solid Surface/ Stone Countertops; See Remarks Fireplace Features: Living Room Appliances: Dishwasher; Microwave; Stainless Steel Appliance(s) Flooring: Ceramic Tile Laundry Features: Upper Level Cooling: Central Air Heating: Central; Natural Gas Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Raised Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Patio And Porch Features: Porch Exterior Features: Private Yard; See Remarks Parking Features: Detached; Garage Waterfront Features: Pond

Address and Location Information

Street Number: 501
Street Name: Bay
Street Suffix: Street
County: Forrest
State: MS
Zip Code: 39401
Parcel Number: 2-029p-10-322.00
Subdivision: Kamper & Whinery
Directions to Property: Corner of Bay St and Elizabeth Ave
Community Of: N/A

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 6302
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: Yes
Association Fee: 35
Association Fee Frequency: Annually
Covenants Y/N: No
Legal Description: POB NE/COR LT 2 BLK 118 W ALG ELIZABETH 170 S 75 E 170 N 75 TO POB B541 P525 7/84, B551-P645 3/85 PREV #:H0444-51-004 B707 P597 3/94

Showing Requirements

Showing: Appointment Required

More Information

Listing Office: Keller Williams

Listing Agent: Charles M Dawe

Last Updated: October - 19 - 2026

501 Bay Street, Hattiesburg, MS 39401 (MLS# 4164340)