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Three-Building Quadplex Property
New
For Sale
$85,000

116 Ellis Dr, Hattiesburg, MS 39401

Multi Family, Hattiesburg, MS

Property SizeContact for details
Days on Market3

Property Features for 116 Ellis Dr

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Plantation Place
Elementary school district Lamar County
Middle school district Lamar County
High school district Lamar County
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Description UNIT A-1 BUILDING A PLANTATION GARDEN CONDOS PLANTATION PLACE APTS 1ST REV1 B 31B P 596 10/09/2023
Tax Annual Amount 370
Legal Description UNIT A-1 BUILDING A PLANTATION GARDEN CONDOS PLANTATION PLACE APTS 1ST REV1 B 31B P 596 10/09/2023

Building Details

Year built 1981
Floors in Building 2
Number of units 4
Building materials Brick Veneer
Listing Agency: Coldwell Banker Don Nace, Inc. · Coldwell Banker Real Estate
Listed By: Kristynna Clark · License #S-59562
Added: Sep 25 Last Checked: Sep 27 at 1:06PM
MLS# 148883

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.

The property comprises three quadplex buildings with 12 residential units in total. Constructed in 1981, the buildings feature brick veneer and are being offered in as-is condition.

Located at 116 Ellis Dr in Hattiesburg, Mississippi, the property is a multi-building residential asset.

Key Highlights

  • Three quadplex buildings
  • 12 residential units across the property
  • Built in 1981

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

148
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Three brick-veneer residential buildings are offered in as-is condition.
Where is this quadplex located?
The property is located at 116 Ellis Dr Hattiesburg, MS.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Three quadplex buildings; 12 residential units across the property; Built in 1981
More about this property
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