49 Hillcrest Dr, Hattiesburg, MS 39402
- Added:
- Oct 10, 2025
- Days on Market:
- 250
- Last Refresh:
- Jun 16 at 11:06 pm
Property Features for 49 Hillcrest Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A3
- Bedrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Pending
- APN
- 051P-11-078.000
- Size
- 2,800 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT E OF HILLCREST DR SW 1/4 SE 1/4 B 025E P 727 05/27/2016
- Tax Annual Amount
- 1882
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick Veneer
Listing agent Kristen Dickinson License #S-56163 (601) 543-7927
Listing office RE/MAX Real Estate Partners 119 MAYFAIR RD, Hattiesburg, MS (601) 296-2001
Listing date Oct 10, 2025
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.
Overview
Located at 49 Hillcrest Dr in Hattiesburg, Mississippi 39402, the asset is within Lamar County. The listing is presented as a multi-family residential income property, suitable for buyers evaluating small-scale rental portfolios or owner-operator strategies where a compact footprint is a priority.
With the quadplex format, the property may fit buyers seeking a multi-unit structure rather than a single-family investment. Prospective tenants and purchasers should review the A3 zoning designation and confirm any applicable use requirements with local authorities. Since no unit-by-unit details or condition/improvement specifics were provided in the listing data, due diligence should include verifying the current layout, tenant status (if applicable), and any compliance items before making a decision.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $9.72 |
| − Vacancy | −$2.0k | −$0.73 |
| EGI | $25.2k | $8.99 |
| − OpEx | −$7.6k | −$2.70 |
| NOI | $17.6k | $6.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.370437
- Latitude
- 31.319088
