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511 32nd Street, Gulfport, MS 39507 (MLS# 4141295)

511 32nd Street, Gulfport, MS 39507

New Listing
$749,900
Property Type: Res Income Multi-Fam Bedrooms: 19 Square Footage: 10,276 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $749,900 List Date: 3/05/2026 Last Modified: 3/05/2026

Description

Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.

More Information MLS# 4141295

Address and Location Information

Parcel Number: 0910n-05-010.000 N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 511 Street Name: 32nd Street Suffix: Street County: Harrison State: MS Zip Code: 39507 Subdivision: Magnolia Grove

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-03-04 List Price: $749,900 Current Price: $749,900

General Property Information

New Construction: No Property Condition: Updated/Remodeled # of Units Included in Sale: 15 Approx Lot Size Acres: 0.33 SqFt Source: Appraiser List Price/SqFt: 72.98 Year Built Source: Public Records Garage Spaces: 0 Carport Spaces: 0 Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Furnished: No Pool: No School District: Gulfport Dist Elementary School: Pass Road Middle or Junior School: Bayou View Middle School High School: Gulfport Accessibility Features: No Approx H/C SqFt: 10276 Year Built: 1965 Bedrooms Total: 19 Bathrooms Full: 16

Tax and Financial Information

Tax Annual Amount: 7658 Tax Year: 2025 Homestead Y/N: No Additional Exemptions Y/N: No Zoning: General Business Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: LOTS 1 & 2 BLK 14 REV OF MAGNOLIA GROVE

Remarks & Miscellaneous

Public Remarks: Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.

Structure Type

Multi Family: 1

Income & Expenses

See Remarks: 1

Lot Features

City Lot: 1 Level: 1

Additional Type Details

Apartment Complex: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

None: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 228-819-2091

Interior Features

Laminate Counters: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Owner Pays

Grounds Care: 1 Sewer: 1 Trash Collection: 1 Water: 1 See Remarks: 1

Tenant Pays

See Remarks: 1

Kitchen Features

Kitchen/Family Room Combo: 1

Fireplace Features

None: 1

Appliances

Cooktop: 1 Electric Oven: 1 Free-Standing Electric Range: 1 Refrigerator: 1 Water Heater: 1

Walls - Interior

Sheetrock: 1

Flooring

Ceramic Tile: 1 Combination: 1 Laminate: 1

Window Features

Blinds: 1

Laundry Features

None: 1 See Remarks: 1

Security Features

None: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Ductless: 1 Electric: 1 Wall/Window Unit(s): 1

Heating

Central: 1 Ductless: 1 Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1

Roof

Shingle: 1

Exterior Features

Lighting: 1

Patio And Porch Features

None: 1

Fencing

None: 1

Driveway Features

Paved Drive: 1

Parking Features

Common: 1 On Site: 1

Community Features

Near Entertainment: 1 Street Lights: 1

Horse Amenities

None: 1

Water Heater

40 Gallons or Less: 1 Electric: 1

Available Documents

Leases: 1 Tax Info: 1 See Remarks: 1

Disclosures

Investment: 1 Lead Paint: 1

Approx Age Code

Older Home 25+ Years: 1

Uncovered Parking?

1-25 Spaces: 1

Lease Term

12 Months: 1

Property Features

Structure Type: Multi Family Additional Type Details: Apartment Complex Lot Features: City Lot; Level Levels: Two Owner Pays: Grounds Care; Trash Collection; Water; See Remarks Tenant Pays: See Remarks Interior Features: Laminate Counters Kitchen Features: Kitchen/Family Room Combo Fireplace Features: None Appliances: Cooktop; Electric Oven; Free-Standing Electric Range; Refrigerator; Water Heater Walls - Interior: Sheetrock Flooring: Ceramic Tile; Combination; Laminate Window Features: Blinds Laundry Features: None; See Remarks Security Features: None Cooling: Ceiling Fan(s); Central Air; Ductless; Electric; Wall/Window Unit(s) Heating: Central; Ductless; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Shingle Exterior Features: Lighting Patio And Porch Features: None Fencing: None Driveway Features: Paved Drive Parking Features: Common; On Site Community Features: Near Entertainment; Street Lights Waterfront Features: None Horse Amenities: None Water Heater: 40 Gallons or Less; Electric Lease Term: 12 Months Disclosures: Investment; Lead Paint Approx Age Code: Older Home 25+ Years Available Documents: Leases; Tax Info; See Remarks
Listing Office: Beau Vue Realty, LLC
Listing Agent: Monique C Ward
Last Updated: March - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.