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28-Unit Apartment Building
New
For Sale
$1,900,000
Pending

2503 W 7th St, Hattiesburg, MS 39401

MULTI_FAMILY - Hattiesburg, MS

Property SizeContact for details
Days on Market4

Property Features for 2503 W 7th St

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Elementary school district City
Middle school district City
High school district City
Subdivision Hattiesburg Northwest
Standard status Pending

Taxes and HOA fees

Tax Year 2025
Tax Description 25' X 175'
Tax Annual Amount 27805
Legal Description 25' X 175'

Utilities

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

Amenities

stove
microwave
dishwasher
washer and dryer
ceramic tile flooring

Building Details

Year built 2004
Floors in Building 2
Number of units 28
Flooring type Tile - Ceramic
Building materials Brick Veneer
Listing Agency: RE/MAX Real Estate Partners · RE/MAX International
Listed By: Jacob Shemper · License #S-50562
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 9 at 10:06AM
MLS# 148250

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 2004, this apartment property contains 28 one-bedroom, one-bathroom units, each measuring approximately 779 square feet. Individual residences include a stove, microwave, dishwasher, washer and dryer, and ceramic tile flooring. The improvements feature brick veneer construction, central air conditioning, and electric central heating. Off-street parking is provided for residents.

The property is served by public water and public sewer. Its 89% occupancy rate provides a current operating snapshot for prospective owners evaluating the asset. The unit configuration and existing in-home equipment support a consistent apartment operating format without requiring a change in the current residential layout.

Key Highlights

  • 28 one‑bedroom, one‑bathroom apartment units
  • Approximately 779 square feet per unit
  • 89% occupancy rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic 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.

Lease Details

28
Residential units
89%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

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

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

What type of property is this?
Apartment building - Apartment community with one-bedroom homes, in-unit appliances, ceramic tile flooring, and central climate control.
Where is this apartment building located?
The property is located at 2503 W 7th St Hattiesburg, MS.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 28 one‑bedroom, one‑bathroom apartment units; Approximately 779 square feet per unit; 89% occupancy rate
More about this property
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