Pending

5420 28th Street

Gulfport, MS 39501
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Bed 24

Bed

Bath 12

Bath

Acres0.62

Acre(Lot)

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 income portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath units and one 1-bedroom studio, generating $8,700/month ($104,400/year) in current gross rents. Property further features a vacant 600 SF commercial space and a non-operating on-site laundry facility — both representing immediate, untapped income streams for a new owner. Current rents run well below Gulfport market rates of $850-$1,100+/month for 2-bedroom units, offering a clear value-add path through natural lease turnover with no forced displacement. Bring the com mercial space online, restore the laundry, and stabilized gross income potential approaches $13,100+/month. Combined annual property taxes on both parcels total just $6,456. Water and dumpster service are owner-paid and documented. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Zoned commercial/multifamily. Do not disturb tenants — showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.

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Detail Ic Property Details

Property Type : Residential Income

Price : $735,000

AD Id : 79464507

MLS Id : 4150839

Beds : 24

Lot Size : 0.62 Acre

Year Built : 1979

County : Harrison

Subdivision: None Available

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 24

    Bathroom Information

    Total Baths: 12 Full Baths: 12
  • Flooring Information

    Ceramic Tile
  • Roofing Information

    Shingle
  • Interior Features

    Open Floorplan Roof: Shingle Appliances: Electric Water Heater, Range, Refrigerator Laundry Features: See Remarks Window Features: Aluminum Frames
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1979 Building Area Total: 8700 Construction Materials: Brick, Wood Siding Stories: 1 Patio And Porch Features: Front Porch Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 210' x 129' Main Square Feet: 0.62 Acres Lot Size Acres: 0.62 Lot Size Square Feet: 27007.2 Lot Description: Corner Lot, Level

    Property Information

    Subdivision: Kennelworth Park Source Property Type: Residential Income Levels: One Property Age: 47

  • Listing Price Information

    Listing Price: $735000 1031 Exchange, Cash, Conventional

  • Tax Information

    Parcel Number: 0710n-03-028.000 Tax Year: 2025 Annual Tax: $5694 Tax Legal Desc: LOTS 11 TO 18 INC BLK 10 KENELSWORTH PARK SEC 31-7-11

  • Parking Information

    Parking Total: 24 Common, Concrete

    Garage Information

    Pets Allowed: Breed Restrictions, Cats OK, Dogs OK

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From Canal Road, go East on 28th Street. From 25th Ave (Hwy 49), go West on 28th Street. Located across the street from the Navy SeaBee Base North Gate. WaterSource: Public Security Features: Smoke Detector(s)
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.

ByOwner last updated this listing 07/18/2026 @ 23:27

MLS: 4150839 LISTED BY: Philip Leblanc, Coldwell Banker Alfonso Realty-Lorraine Rd 228-287-1000 SOURCE: MLS United LLC

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