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1423 Jo Ellen Circle, Gulfport, MS 39501

$320,000
  • 1423 Jo Ellen Circle, Gulfport, MS 39501 Main Photo

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Active
BEDS15 BATHS5 full SQUARE FEET3,120 MLS#4138627
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOwen Place

Property Description

Investor Opportunity | 5-Unit Apartment Building | Value-Add PotentialUnfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential.Planned layout includes: Total (15 bedrooms, 5 bathrooms)Three upstairs units ? each with 3 bedrooms, 1 bath, kitchen, and living roomTwo downstairs units ? each with 3 bedrooms, 1 bath, kitchen, and living roomSituated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units.Major upgrades already completed in 2025:Brand-new metal roofBrand-new wood privacy fence enclosing the entire propertyFresh exterior paintTwo new French double doorsFive new mailboxesThis is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

1423 Jo Ellen Circle | MLS# 4138627

This multi-family property located at 1423 Jo Ellen Circle, Gulfport, MS 39501 is currently listed for sale with an asking price of $320,000. Search Gulfport real estate on www.localagencyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.20 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $3,226
Year Built: 1970

Feature Descriptions

Days on Site: 66
Lot: Near Beach
Parcel#: 0711k-04-037.002
Sewer: Public Sewer
Units: 5
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams

Shown By

Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808

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Estimated Payment

$ 2,182.52 per month $1,820.36 Principal & Interest $268.83 Property Tax $93.33 Homeowner's Insurance

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