Residential Income

Petal, MS Residential Income Properties for Sale

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Hattiesburg, MS Brooklyn, MS Purvis, MS Laurel, MS Moselle, MS Richton, MS Sumrall, MS Seminary, MS
Office and Residential Duplex
Updated: Mar 10
Office and Residential Duplex

223 N Main St, Petal, MS 39465

$285,000
0.29 AC lot
Mixed‑use office/clinic front with exam rooms that include specialty plumbing
Back portion is a totally renovated 3 bed / 2 bath apartment with an open floor plan
Apartment includes a covered porch
Office side could be converted into a 4 bed, 1 full bath and 2 half bath apartment
Office side already includes a kitchen for potential residential conversion
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Office-Residential Live-Work Duplex
Updated: May 15, 2025
Office-Residential Live-Work Duplex

221 N Main St, Petal, MS 39465

$285,000
0.29 AC lot
Office/residential duplex: front office/clinic (formally a dentist office) and a renovated 3‑bed/2‑bath apartment in the back
Specialty plumbing in the exam rooms, supporting the building’s prior dental office use
Totally renovated apartment includes an open floor plan and a covered porch
Apartment side has 3 bedrooms and 2 bathrooms, with kitchen included in the building plan
Front office/clinic side could be converted into a 4‑bed, 1 full bath and 2 half bath apartment
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Petal, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Duplex With Two Units
Renovated Duplex With Two Units

203 Columbia St., Hattiesburg, MS 39401

$174,900
1,500 sqft 0.11 AC lot

Duplex offers two occupied, recently renovated units, each with three bedrooms and one bathroom.

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Fully Leased 4-Plex Income Property
Fully Leased 4-Plex Income Property

111 Mable St, Hattiesburg, MS 39401

$199,900
2,520 sqft 0.08 AC lot

Fully leased 4-plex at 111 Mable St with four occupied units providing residential income in Hattiesburg, MS.

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Historic Hattiesburg Redevelopment Opportunity
Historic Hattiesburg Redevelopment Opportunity

316 Forrest St, Hattiesburg, MS 39401

$1,750,000
97,000 sqft

97,000 SF historic building in growing downtown district.

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Multifamily Investment Property
Multifamily Investment Property

1015 West Pine Street, Hattiesburg, MS 39401

$2,000,000
24,576 sqft

Cash-flowing multifamily with long-term corporate lease for 12 units and 24-hour notice showings.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Petal, MS
Residential Land in Petal, MS

Petal Drive lot: 254, Petal, MS 39465

Contact for pricing
2.50 AC lot

2.5-acre residential lot in Petal School District.

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Residential Land in Petal, MS
Residential Land in Petal, MS

King Blvd, Petal, MS 39465

$35,000
0.64 AC lot

Flat, wooded lot in established neighborhood, ideal for home.

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Hattiesburg Land with Development Potential
Hattiesburg Land with Development Potential

2800 Lake View Road, Hattiesburg, MS 39401

$193,800
32.24 AC lot

32.24 acres near USM campus with development opportunities.

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Residential Land in Marshal Place
Residential Land in Marshal Place

Marshal Pl, Petal, MS 39465

$49,950
2.56 AC lot

2.56 acres of partially wooded land for residential development.

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Off-Market Properties in Petal, MS

Consider similar Off-Market properties in Petal, MS. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

36 Craft Rd
MOBILE HOME PARK, TRAILER PARK

36 Craft Rd, Petal, MS 39465-9335

Value Estimation by Request
600 sqft 0.90 AC lot
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Petal, MS 39465
CAMPGROUND, RV PARK

Petal, MS 39465

Value Estimation by Request
View details
1 Teetime Dr
Multifamily properties

1 Teetime Dr, Petal, MS 39465

Value Estimation by Request
74.57 AC lot
View details
Luther Carter Rd
Land

0 Luther Carter Rd, Petal, MS 39465

Value Estimation by Request
28.00 AC lot
View details
2438 Old Richton Rd
Land

2438 Old Richton Rd, Petal, MS 39465

Value Estimation by Request
63.30 AC lot
View details
35 Butler Rd
MOBILE HOME PARK, TRAILER PARK

35 Butler Rd, Petal, MS 39465-9656

Value Estimation by Request
165 sqft 3.30 AC lot
View details
Petal, MS 39465
MOBILE HOME PARK, TRAILER PARK

Petal, MS 39465

Value Estimation by Request
5.60 AC lot
View details
Petal, MS 39465
MOBILE HOME PARK, TRAILER PARK

Petal, MS 39465

Value Estimation by Request
8.00 AC lot
View details
Petal, MS 39465
MOBILE HOME PARK, TRAILER PARK

Petal, MS 39465

Value Estimation by Request
200 sqft 3.15 AC lot
View details

Petal, MS Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Petal, MS on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $570,000.

Sale prices for residential income properties in Petal, MS start at $285,000, averaging $285,000, and reaching up to $285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Multifamily properties 2

Demographics Overview

Population 23K
Population Growth (5Y) +9.1%
Median Household Income $73,785
College Educated 34.1%

Taxes & Financing

Tax Rate (average for all types) 2.39%
Property Tax per SF $40.90 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Forrest County

New Delisted

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