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28-Unit Apartment Building
For Sale
$1,900,000
Pending

2503 W 7th St, Hattiesburg, MS 39401

Multi Family, Hattiesburg, MS

Property SizeContact for details
Days on Market31

Property Features for 2503 W 7th St

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Elementary school district City
Middle school district City
High school district City
Subdivision Hattiesburg Northwest
Standard status Pending

Taxes and HOA fees

Tax Year 2025
Tax Description 25' X 175'
Tax Annual Amount 27805
Legal Description 25' X 175'

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

stove
microwave
dishwasher
washer and dryer
ceramic tile flooring

Building Details

Year built 2004
Floors in Building 2
Number of units 28
Flooring type Tile - Ceramic
Building materials Brick Veneer
Listing Agency: RE/MAX Real Estate Partners · RE/MAX International
Listed By: Jacob Shemper · License #S-50562
Added: Aug 6 Changed: Sep 3 Last Checked: Sep 5 at 7:06PM
MLS# 148250

Copyright © 2026 Hattiesburg Area Association 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.

Investment Insights

Based on property information with market context.

This apartment property contains 28 one-bedroom, one-bathroom units, with approximately 779 square feet per residence. Each unit includes a stove, microwave, dishwasher, washer and dryer, plus ceramic tile flooring. The improvements were built in 2004 with brick veneer construction, central air conditioning, and central electric heating. Off-street parking serves the property, and public water and sewer are available.

Occupancy is reported at 89%. The property is situated near The University of Southern Mississippi, US Highway 49, downtown Hattiesburg, and a range of shopping, dining, and entertainment options. Its location provides access to established institutional, transportation, and commercial destinations in the Hattiesburg area.

Key Highlights

  • 28 one‑bedroom, one‑bathroom apartment units
  • Approximately 779 square feet per unit
  • 89% occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
89%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 39401, MS

43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Units feature complete appliance packages, ceramic tile flooring, and in-unit laundry equipment.
Where is this apartment building located?
The property is located at 2503 W 7th St Hattiesburg, MS.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 28 one‑bedroom, one‑bathroom apartment units; Approximately 779 square feet per unit; 89% occupancy
More about this property
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