Renovated Duplex With Two
203 Columbia St. Hattiesburg, MS 39401
203 Columbia St., Hattiesburg, MS, 39401
$174,900
For Sale
$174,900
MULTI_FAMILY - Hattiesburg, MS
Property Size1,500 SF
Lot Size0.11 Acres
Price / SF$116.60
Days on Market90
Property Features for 203 Columbia St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 1
- Rooms
- Bedroom 1
- Standard status
- Active
- APN
- 2-029F-04-259.00
- Size
- 1,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N 93.1FT LT 3 BLK 1 HAWKINS & THOMPSON SUBDIVISION
- Tax Annual Amount
- 1951
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Brick Veneer
Listing Agency
Century 21 Alliance
(601) 255-5131
6555 US Hwy 98 W. Ste. 25, Hattiesburg, MS
Listed by
Marianne Papapostolou · License #24227
(601) 307-3551
Added: Apr 20 Checked: Jul 18 at 10:06 pm
MLS# 146753
Listing URL
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 duplex for sale contains two residential units. Each unit includes three bedrooms, one bathroom, a kitchen, and a living room area. Both units have been recently renovated and are currently occupied.
The property is located in Hattiesburg, Mississippi, minutes from Downtown Hattiesburg shopping and restaurants.
The current leases must be honored. The duplex is offered with a total size of approximately 1,500 square feet on a lot of approximately 0.1067 acres.
The property is located in Hattiesburg, Mississippi, minutes from Downtown Hattiesburg shopping and restaurants.
The current leases must be honored. The duplex is offered with a total size of approximately 1,500 square feet on a lot of approximately 0.1067 acres.
Key Highlights
- Duplex with 2 units in Hattiesburg, each unit features 3 bedrooms and 1 bath
- Both units have been recently renovated
- Each unit includes a kitchen and living room area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.6k | $9.72 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $13.5k | $8.99 |
| − OpEx | −$4.0k | −$2.70 |
| NOI | $9.4k | $6.29 |
1,500 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$134.9K
$118.0K – $157.4K
NOI $9,441 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$246.9K
$216.0K – $288.0K
NOI $17,280 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers two occupied, recently renovated units, each with three bedrooms and one bathroom.
Where is this duplex located?
The property is located at 203 Columbia St. Hattiesburg, MS.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Duplex with 2 units in Hattiesburg, each unit features 3 bedrooms and 1 bath; Both units have been recently renovated; Each unit includes a kitchen and living room area
