Income-Producing Five-Unit
406 Russell Avenue Unit 5, Long Beach, MS 39560
Five-unit complex near the beach with strong rental income.
Type:Multi Family
Property size:
4,028 SFPrice / SF:
$156/SF- Added:
- Mar 19, 2026
- Days on Market:
- 75
- Last Refresh:
- Mar 20 at 8:38 pm
Property Features for 406 Russell Avenue Unit 5
General Information
- Standard status
- Active
- Size
- 4,028 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1974
Listing agent Ajuanzie Ross Johnson License #s-60717 (601) 750-3843
Listing office Premier Living Realty, LLC (601) 750-3843
Listing date Mar 19, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Premier Living Realty, LLC
HighLights
- Income‑producing five‑unit complex generating $5,400 monthly.
- Short stroll from the beach and not in a flood zone.
- Fully occupied, turnkey investment opportunity.
- Each unit includes a washer and dryer and an icemaker in the freezer.
- Low‑maintenance and well‑maintained property.
- Second building features a two‑bedroom unit with tile flooring and a screened back porch.
Overview
This well-maintained, income-producing five-unit complex is located a short distance from the beach and is not situated in a flood zone. The property is fully occupied and generates a total monthly rental income of $5,400, offering excellent cash flow. The front building consists of four spacious two-story units, each featuring one bedroom and one bathroom, along with large living areas and bedrooms. The second building is a single-story unit with two bedrooms, tile flooring throughout, and a screened back porch. The property has been well maintained. Each unit is equipped with a washer and dryer, as well as an icemaker in the freezer. The low-maintenance setup and the fact that all units are currently under lease make this a turnkey investment opportunity. This property presents an excellent opportunity for investors seeking strong and stable income in a desirable coastal location. The property size is 4,028 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.155249
- Latitude
- 30.345711
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit complex near the beach with strong rental income.
Where is this apartment building located?
The property is located at 406 Russell Avenue Unit 5 Long Beach, MS.
What is the asking price?
The asking price for this property is $632,000.
What are key features of this property?
This property features: Income‑producing five‑unit complex generating $5,400 monthly.; Short stroll from the beach and not in a flood zone.; Fully occupied, turnkey investment opportunity.
