5420 28th St, Gulfport, MS 39501
- Beds
- 24
- Baths
- 12
- Sqft
- 8,700
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 1
- Number of bedrooms
- 24
- Number of bathrooms
- 12
- Square feet
- 8,700
- Lot size (acres)
- 0.62
- Year built
- 1979
Interior features
- Laundry
- See Remarks
Utilities
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Insurance
- $1,094
Taxes
- Tax Annual Amount (2025)
- $5,694
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS United MLS®#: 4150839 Last checked: …

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