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    1601 N 5Th Ave Laurel, MS 39440

    For Sale
    $174,900

    Duplex - Laurel, MS

    Type:Duplex
    Property size:
    1,875 SF
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1601 N 5Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Parking
    2
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer, Washer/Dryer Combo
    Size
    1,875 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric, Multi Units, Wall Unit(s)

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    2
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX TOWN COUNTRY (601) 425-0955

    Listing agent Sandi Creel Walters, Broker Associate (601) 425-0955

    Listing date Oct 29, 2025

    MLS# 37093 Listing URL

    Copyright © 2025 Laurel Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Laurel Duplex with Rental Income

    This two-unit rental property features a large first-floor apartment, suitable for an owner-occupant seeking to generate rental income. The property includes ample off-street parking and storage space, with additional storage available outside. Its location near downtown Laurel suggests potential as a short-term rental. The property size is 1875 square feet. The zoning is R2. Market rent for the upper level is $1,100, while the current rent for the lower level is $850, with a market rent of $950.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.131199
    Latitude
    31.707753

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    FAQs

    What type of property is this?
    Duplex - Two-unit rental property near downtown Laurel, Mississippi.
    Where is this duplex located?
    The property is located at 1601 N 5Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: - Owner-occupant opportunity with income-generating rental unit.; - Excellent short-term rental (STR) potential due to downtown location.; - Ample off-street parking.
    (601) 425-0955
    Request Owner's contact information
    1601 N 5Th Ave Laurel, MS 39440
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    Laurel, MS 39440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 N 5Th Ave Laurel, MS 39440
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