Search
Two-Home Multifamily Property
New
For Sale
$925,000

331 Main St, Bay Saint Louis, MS 39520

A separate guest cottage adds flexibility for household use or rental occupancy.

Property Size3,468 SF
Price / SF$266.72
Days on Market7

Property Features for 331 Main St

General Information

Standard status Active
Size 3,468 SF
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 2

Amenities

screened porch
in-ground pool
sunroom
private patios
lush gardens

Building Details

Year Built 1950
Buildings 2
Listing Agency: Hope Realty, LLC
Listed By: John Gomez
Source: Coasthomesms
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 6:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hope Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property comprises two independently accessed homes: a 2,260-square-foot main residence and a 1,208-square-foot guest cottage. Together, they provide 5 bedrooms and 4 full bathrooms, along with a sunroom. The property was built in 1950 and includes an in-ground pool, screened porch, private patios, and gardens. Each home has its own parking area.

The parcel extends from Main Street to State Street in Bay Saint Louis’ Historic District. The beach and marina are three blocks away, with restaurants, shops, and festivals in the surrounding Old Town area.

The cottage may support short-term or long-term rental use, while the two-home configuration also accommodates multigenerational living.

Key Highlights

  • Two homes: a 2,260‑square‑foot main residence and a 1,208‑square‑foot guest cottage
  • Combined layout includes 5 bedrooms and 4 full bathrooms
  • Separate entrances and parking areas for each home

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Daycare 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 39520, MS

14,963
Population
8,593
Households
1.7
Avg Household Size
44
Median Age
28%
College-Educated
89%
High-School Grad
96.9 sq mi
ZIP Area
154
Density / Sq Mi
$65,139
Median Household Income
$39,085
Median Earnings
$1,067
Median Rent
$202,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - A separate guest cottage adds flexibility for household use or rental occupancy.
Where is this multifamily property located?
The property is located at 331 Main St Bay Saint Louis, MS.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two homes: a 2,260‑square‑foot main residence and a 1,208‑square‑foot guest cottage; Combined layout includes 5 bedrooms and 4 full bathrooms; Separate entrances and parking areas for each home
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again