MS
Harrison
Gulfport
39501
5420 28th Street
5420 28th Street, Gulfport, MS 39501
Share Listing
Listing Type
Multi Family
Listing Status
Active
24
$735,000

Home Details for 5420 28th Street

Price
$735,000
Type
Residential Income
Bedrooms
24
Total Bathrooms
12
Full Bathrooms
12
Year built
1979
Lot size acres
0.62
County
Harrison
MLS Listing#
4150839
Property Description

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 commercial 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.

View Virtual Tour
Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Common
    • Concrete
  • Water Features
    • Public
  • House Interior
    • Open Floorplan
Listing Courtesy: Coldwell Banker Alfonso Realty-Lorraine Rd - 228-287-1000
Presented by: Philip J Leblanc
IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLS United.
EXIT EXTRA MILE REALTY
5093 Beatline Road, Long Beach, MS 39560
Office
228 731 3013
Request more details
Code: