Four-Unit Residential Income
220 Martin Luther King Ave Hattiesburg, MS 39401
220 Martin Luther King Ave, Hattiesburg, MS, 39401
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For Sale
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Pending
Fully occupied quadplex with four 3-bedroom, 1-bath units, including three recently renovated apartments.
Days on Market103
Property Features for 220 Martin Luther King Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
eXp Realty
Listed by
Natalie Graham, eXp Realty · License #B-22107
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 5:31PM Checked: Jul 20 at 5:31PM
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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
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
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