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Four-Unit Residential Income Property

640 S Magnolia Laurel, MS 39440

640 S Magnolia, Laurel, MS, 39440
$79,000
Pending
For Sale
$79,000
Pending

MULTI_FAMILY - LAUREL, MS

Property Size3,651 SF
Days on Market185

Property Features for 640 S Magnolia

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 3
Standard status
Pending
Size
3,651 SF

Utilities

Heating system
Radiant
Cooling system
Window Unit(s)

Building Details

Year built
1935
Number of units
4
Listing Agency Vines Realty
2516 Old Hwy 24 Ste E, Hattiesburg, MS
Listed by Heather Vines
Added: Jan 15 Checked: Jul 19 at 7:06 pm
MLS# 37342 Listing URL

Copyright © 2026 Laurel Board 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.

This four-unit residential income property offers a mix of unit layouts, including one 4-bedroom unit, two 2-bedroom units, and two 1-bedroom units. The roof was installed in 2021, and plumbing updates were completed in 2024. The property is being sold as-is and will require additional work.

The property is located at 640 S Magnolia in Laurel, MS, in Jones County.

Buyers should note that the seller indicates it may qualify for 203k renovation financing; otherwise, the property is offered with a cash-only condition as stated in the remarks.

Key Highlights

  • 4‑plex featuring a mix of unit sizes: one 4/2, two 2/1s, and two 1/1s
  • New roof installed in 2021
  • Plumbing updates completed in 2024

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Skin Care Clinic Computer & Electronic Repair Carpet & Flooring Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Fourplex includes one 4-bedroom and multiple smaller units, with a roof installed in 2021 and plumbing updates in 2024.
Where is this multifamily property located?
The property is located at 640 S Magnolia Laurel, MS.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 4‑plex featuring a mix of unit sizes: one 4/2, two 2/1s, and two 1/1s; New roof installed in 2021; Plumbing updates completed in 2024
Contact an agent
More about this property
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