Four-Unit Residential Income
For Sale
Contact for pricing
Pending
220 Martin Luther King Ave, Hattiesburg, MS 39401
Fully occupied quadplex with four 3-bedroom, 1-bath units, including three recently renovated apartments.
Property SizeContact for details
Days on Market148
Property Features for 220 Martin Luther King Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
Epique Realty
Listed By:
Natalie Graham · License #B-22107
(601) 744-6454
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 11:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty
Investment Insights
Based on property information with market context.
This four-unit residential income property offers four separate 3-bedroom, 1-bath apartments. The building is fully occupied, and it currently grosses $3,125 per month, with an average monthly net of $2,400.
According to the seller, three of the units were recently renovated with new LVP flooring, new paint, new stainless steel appliances, and refinished countertops and cabinets.
The property is situated for investors seeking an occupied multifamily asset, with the remarks noting the potential to adjust rent on a Section 8 tenant when her lease renews.
According to the seller, three of the units were recently renovated with new LVP flooring, new paint, new stainless steel appliances, and refinished countertops and cabinets.
The property is situated for investors seeking an occupied multifamily asset, with the remarks noting the potential to adjust rent on a Section 8 tenant when her lease renews.
Key Highlights
- Fully occupied quadplex with four 3‑bedroom, 1‑bath units near downtown Hattiesburg
- Three units recently renovated with new LVP flooring, new paint, new S/S appliances, and refinished countertops and cabinets
- Grosses $3,125/month with monthly net averaging $2,400/month
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied quadplex with four 3-bedroom, 1-bath units, including three recently renovated apartments.
Where is this quadplex located?
The property is located at 220 Martin Luther King Ave Hattiesburg, MS.
What are key features of this property?
This property features: Fully occupied quadplex with four 3‑bedroom, 1‑bath units near downtown Hattiesburg; Three units recently renovated with new LVP flooring, new paint, new S/S appliances, and refinished countertops and cabinets; Grosses $3,125/month with monthly net averaging $2,400/month
