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Two-Unit Duplex with Flexible Layouts
For Sale
$173,000
Pending

1601 N 5th Ave, Laurel, MS 39440

Multi Family, Laurel, MS

Property SizeContact for details
Days on Market178

Property Features for 1601 N 5th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Off Street
Subdivision Edgewood Acres
Elementary school district Laurel
Middle school district Laurel
High school district Laurel
Standard status Pending

Taxes and HOA fees

Tax Description PPIN 009669
Tax Annual Amount 2546
Legal Description PPIN 009669

Utilities

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

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Flooring type Vinyl, Tile - Ceramic
Building materials Brick Veneer, Wood Siding
Listing Agency: RE/MAX Real Estate Partners · RE/MAX International
Listed By: Brett Tortorich · License #B-24180
Added: Mar 6 Changed: Aug 28 Last Checked: Aug 31 at 8:06PM
MLS# 146123

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.

Built in 1925, this duplex contains two residential units with different configurations. The upper residence provides two bedrooms and two bathrooms, along with a full kitchen, central heating and cooling, and a stackable washer and dryer. The lower residence is arranged as a one-bedroom, one-bath studio-style unit with mini-split heating and cooling. Interior finishes include vinyl and ceramic tile flooring, while the exterior combines brick veneer and wood siding.

The property is located in Laurel, Mississippi, near downtown shopping, dining, and local attractions. Public water and public sewer serve the property, and off-street parking is available. The two-unit arrangement accommodates an owner-occupant seeking a separate rental residence or an investor evaluating a small residential income property.

Key Highlights

  • Two‑unit duplex with 2‑bedroom, 2‑bath upper residence and 1‑bedroom, 1‑bath lower unit
  • Upper unit includes a full kitchen, central heating and cooling, and stackable washer and dryer
  • Lower unit features a studio‑style layout with mini‑split heating and cooling

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Gym & Fitness Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 39440, MS

19,759
Population
9,035
Households
2.2
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
17.7 sq mi
ZIP Area
1,116
Density / Sq Mi
$38,687
Median Household Income
$30,246
Median Earnings
$856
Median Rent
$112,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Upper and lower residences offer distinct floor plans, separate climate-control approaches, and off-street parking.
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 $173,000.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom, 2‑bath upper residence and 1‑bedroom, 1‑bath lower unit; Upper unit includes a full kitchen, central heating and cooling, and stackable washer and dryer; Lower unit features a studio‑style layout with mini‑split heating and cooling
More about this property
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