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Mixed-Use Property with Apartment
For Sale
$285,000

221 N Main St, Petal, MS 39465

Multi Family, Petal, MS

Property SizeContact for details
Days on Market541

Property Features for 221 N Main St

General Information

Property type Residential Multi Family
Property subtype Duplex
Elementary school district Petal
Middle school district Petal
High school district Petal
Subdivision Petal
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Description BEG 25FT E & 104.5FT S NWCSW1/4 SW1/4 S 84.5FT E 150FT N 77.83FT W 150FT TO BEG B450 P282 6/77PREV #:P61236226B 1396 P
Tax Annual Amount 4026
Legal Description BEG 25FT E & 104.5FT S NWCSW1/4 SW1/4 S 84.5FT E 150FT N 77.83FT W 150FT TO BEG B450 P282 6/77PREV #:P61236226B 1396 P

Utilities

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

Building Details

Year built 1991
Number of units 2
Building materials Brick Veneer, Wood Siding
Listing Agency: Realty Executives The Executive Team · Realty Executives International
Listed By: Mark M. Graham · License #MISSISSIPPI13527
Added: May 15, 2025 Changed: Nov 2 Last Checked: Nov 6 at 11:06AM
MLS# 142525

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use building pairs office space with a three-bedroom, two-bath apartment renovated in the rear. The apartment has an open layout and a covered porch. The office area includes exam rooms with specialty plumbing and an existing kitchen; it previously operated as a dental office. Built in 1991, the property has central air conditioning and electric heat, with public water and sewer service.

Key Highlights

  • Renovated rear apartment with 3 bedrooms and 2 bathrooms
  • Former dental office includes exam rooms with specialty plumbing
  • Kitchen in the office area and a covered porch at the apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

Demographics for 39465, MS

23,002
Population
8,854
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
91%
High-School Grad
122.7 sq mi
ZIP Area
187
Density / Sq Mi
$73,785
Median Household Income
$40,465
Median Earnings
$921
Median Rent
$166,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines a former dental office with a renovated apartment, including a kitchen and covered porch.
Where is this mixed-use property located?
The property is located at 221 N Main St Petal, MS.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Renovated rear apartment with 3 bedrooms and 2 bathrooms; Former dental office includes exam rooms with specialty plumbing; Kitchen in the office area and a covered porch at the apartment
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