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Two-Duplex Rental Property
For Sale
$270,000

114 W 6th Ave, Petal, MS 39465

Multi Family, Petal, MS

Property SizeContact for details
Days on Market26

Property Features for 114 W 6th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school district Petal
Middle school district Petal
High school district Petal
Subdivision Petal
Standard status Active

Taxes and HOA fees

Tax Description W 125FT LOT 10 BLK 1 J C HERROD S/ 449/644 1/78 703/647 12/93 PREV #:P62930014 DB 777 PG 39 8/97 B820 P463 7/12/99
Tax Annual Amount 2870
Legal Description W 125FT LOT 10 BLK 1 J C HERROD S/ 449/644 1/78 703/647 12/93 PREV #:P62930014 DB 777 PG 39 8/97 B820 P463 7/12/99

Amenities

individual laundry area

Building Details

Year built 1963
Flooring type Vinyl, Laminate, Concrete
Building materials Brick Veneer
Listing Agency: Legacy Realty Group
Listed By: Scott Holmes · License #B-22868
Added: Sep 12 Changed: Sep 28 Last Checked: Oct 7 at 8:06AM
MLS# 148904

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 Petal property comprises two duplexes with four rental units: two apartments have two bedrooms and one bath, while the other two have one bedroom and one bath. Each unit includes a living room, kitchenette, full bathroom, individual laundry area, and two concrete parking spaces positioned in front. Brick veneer construction dates to 1963, and both buildings received roof replacements in 2025.

One two-bedroom apartment was updated in 2024 with new flooring and interior paint. Tenants pay their own electric and gas costs; the owner currently covers water. The property is located in Petal, Mississippi.

Key Highlights

  • Two duplexes comprise four rental units: two 2BR/1BA and two 1BR/1BA
  • Each apartment has a living room, kitchenette, full bath, and individual laundry area
  • Two concrete off‑street parking spaces per unit, directly in front

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Furniture & Home Goods Garden Center HVAC Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby

Demographics for 39465, MS

23,002
Population
8,854
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
91%
High-School Grad
122.7 sq mi
ZIP Area
187
Density / Sq Mi
$73,785
Median Household Income
$40,465
Median Earnings
$921
Median Rent
$166,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Four apartments offer one- and two-bedroom layouts, each with its own laundry area and two off-street parking spaces.
Where is this duplex located?
The property is located at 114 W 6th Ave Petal, MS.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two duplexes comprise four rental units: two 2BR/1BA and two 1BR/1BA; Each apartment has a living room, kitchenette, full bath, and individual laundry area; Two concrete off‑street parking spaces per unit, directly in front
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