Sold

1602 E Railroad St, Gulfport, MS 39501

Beds
9
Baths
4
Sqft
3,030
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Alfonso Realty-Lorraine Rd
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Overview

Investors and owner-occupants take notice — this expansive corner-lot property in the heart of Gulfport's coastal corridor offers serious multi-unit income potential in a location that practically sells itself. Just a short walk to the Mississippi Gulf Coast beaches, downtown, the harbor, restaurants, and scenic walking and biking paths, demand for rental units here is built right into the address. The main level functions as a spacious primary residence featuring a bright sitting room, large kitchen with adjacent dining area, generous family room, six bedrooms, two full bathrooms, and a dedicated laundry room — comfortably configured for owner occupancy or as a standalone rental unit. The real income play is upstairs. A partially completed apartment awaits your finishing touches, already roughed in with electrical, plumbing, and HVAC work done — the heavy lifting is behind you. Complete it as a 1- or 2-bedroom unit and put it to work as a long-term rental, short-term/vacation rental, or Airbnb in this high-demand coastal market. And there's more — the mostly finished attic space presents a compelling opportunity for a third unit, potentially configured as an efficiency apartment. Three units. One property. One mortgage. Additional highlights include a metal roof installed less than three years ago, an above-ground pool with new liner, a pool house, partial privacy fence, and a beautiful mature pecan tree. A generous supply of building materials conveys with the sale to help you finish strong. With approximately 6,400 square feet of potential living space, a proven rental market steps from the beach, and the groundwork already laid, this property is ready for an investor with vision. Live in one unit, rent the others, and let the Coast go to work for you. Sold As-Is / Where-Is. Buyer to verify all information and perform due diligence.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Number of bedrooms
9
Number of bathrooms
4
Square feet
3,030
Lot size (acres)
0.28
Year built
1940

Interior features

Laundry
Laundry Room, Inside

Exterior features

Waterfront
Beach Access

Garage and parking

Garage parking spaces
1

Utilities

Heating
Zoned, Electric, Central
Cooling
Ceiling Fans, Ceiling Fans, Zoned, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$361

Public schools

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Sourced from: MLS United MLS®#: 4147774 Last checked:

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