141 W 5th Street, Hattiesburg, MS 39401 (MLS# 4158378)

141 W 5th Street, Hattiesburg, MS 39401

New Listing

$259,500

Virtual Tour

https://www.propertypanorama.com/141-W-5th-Street-Hattiesburg-MS-39401/unbranded

Property Type: Res Income Multi-Fam Bedrooms: 4 Square Footage: 1,890 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $259,500 List Date: 8/06/2026 Last Modified: 8/06/2026

Overview

Description

A Turnkey Duplex Investment in the Heart of the North Main Historic District Let me tell you why this one is different from the stack of "investment opportunities" you've probably been scrolling through. This isn't a spreadsheet promise — it's a duplex that's already doing the work. Right now, today, this property is generating over $3,000 a month in combined revenue, and it's set up so you can step into ownership without missing a beat. Two sides, two bedrooms, two bathrooms each — mirror images of comfortable, well-proportioned living space. The right side is home to a long-term tenant who's already in place. That's instant, predictable cash flow from day one. The left side is your income multiplier. It's currently operating as a well-performing Airbnb, which means you're not locked into a single flat rental number. Here's the part that really makes this deal sing: you're sitting in the North Main Historic District, minutes from the absolute heart of downtown Hattiesburg. Picture ... (Read more)

Listing Details MLS# 4158378

General Property Information

# of Units Included in Sale: 2
Approx Lot Size Acres: 0.1
Approx H/C SqFt: 1890
SqFt Source: Other
List Price/SqFt: 137.3
Year Built Known: Yes
Year Built: 1932
Year Built Source: Owner
Total Floors: Yes
Bedrooms Total: 4
Bathrooms Full: 4
Furnished: Yes
Pool: No
Accessibility Features: No
New Construction: No
Property Condition: Updated/Remodeled
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Duplex Architectural Style: See Remarks Lot Features: City Lot; Fenced; Front Yard Levels: One Tenant Pays: All Utilities Furnished: See Remarks Interior Features: Ceiling Fan(s); Eat-in Kitchen Kitchen Features: Kitchen/Family Room View Bathroom Features: Walk-In Shower Fireplace Features: None Appliances: Dishwasher; Electric Range; Range Hood; Refrigerator; Stainless Steel Appliance(s) Flooring: Tile; Wood Laundry Features: Inside Security Features: None Cooling: Ceiling Fan(s); Central Air Heating: Central Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Raised Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Roof: Shingle Exterior Features: Private Yard Patio And Porch Features: Front Porch Fencing: Full; Wood Driveway Features: Gravel Drive Parking Features: Driveway Waterfront Features: None Lease Term: Other; See Remarks Disclosures: As Is; Lead Paint Approx Age Code: Older Home 25+ Years Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 2 Appliances: Dishwasher; Range; Refrigerator

Address and Location Information

Street Number: 141
Street Direction: W
Street Name: 5th
Street Suffix: Street
County: Forrest
State: MS
Zip Code: 39401
Parcel Number: 2-029f-04-243.00
PPIN: 227 -0336-001-005.00
Subdivision: None
Community Of: N/A

Listing Information

Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Annual Amount: 1212
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: Yes
Legal Description: S 90.9FT LT 3 BLK 1 DB576 P567 11/86 BK 619 PG 146 07/07/1989 PREV #:H0336-01-005 3/91 649/549 B667 P138 2/19/92 B683 P012 12/9/92 11/94 722/201

Workshop Features

Workshop: No

More Information

Waterfront Features

Waterfront: No
None: Yes

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required
Lockbox Location: Front Door

Unit 1

Full Baths: 2
Furnished: No
Leased: Yes
Occupied: Yes
Description: Unit 20 (tenant)

Unit 2

Full Baths: 2
Furnished: Yes
Leased: Yes
Occupied: Yes
Description: Unit 10 (Airbnb)

Remarks & Miscellaneous

Public Remarks: A Turnkey Duplex Investment in the Heart of the North Main Historic District Let me tell you why this one is different from the stack of "investment opportunities" you've probably been scrolling through. This isn't a spreadsheet promise — it's a duplex that's already doing the work. Right now, today, this property is generating over $3,000 a month in combined revenue, and it's set up so you can step into ownership without missing a beat. Two sides, two bedrooms, two bathrooms each — mirror images of comfortable, well-proportioned living space. The right side is home to a long-term tenant who's already in place. That's instant, predictable cash flow from day one. The left side is your income multiplier. It's currently operating as a well-performing Airbnb, which means you're not locked into a single flat rental number. Here's the part that really makes this deal sing: you're sitting in the North Main Historic District, minutes from the absolute heart of downtown Hattiesburg. Picture your guests' Friday night: a short walk down to Bourbon on Front or Trattoria Pizzeria, and if it's spring or fall, they're catching Live at Five at Town Square Park with local bands, food trucks, and the kind of small-town energy people specifically travel for. Saturday morning? Coffee and bagels at Southbound Bagel and Coffee Shop, then wandering the aisles of The Lucky Rabbit. From there, it's a short stroll past the antique shops and galleries lining Main Street, with the beautifully restored Saenger Theater anchoring the whole district. Immediate income — over $3,000/month already flowing in, no ramp-up required Built-in stability — a long-term tenant anchoring half the property Built-in upside — an established, proven Airbnb on the other half A location that sells itself — walkable to the restaurants, theater, shops, and events that make downtown Hattiesburg a genuine destination.

Structure Type

Duplex: Yes

Income & Expenses

See Remarks: Yes

Architectural Style

See Remarks: Yes

Lot Features

City Lot: Yes
Fenced: Yes
Front Yard: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
VA Loan: Yes

Interior Features

Ceiling Fan(s): Yes
Eat-in Kitchen: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Tenant Pays

All Utilities: Yes

Kitchen Features

Kitchen/Family Room View: Yes

Bathroom Features

Walk-In Shower: Yes

Fireplace Features

None: Yes

Furnished

See Remarks: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Range Hood: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes

Flooring

Tile: Yes
Wood: Yes

Laundry Features

Inside: Yes

Security Features

None: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes

Foundation Details

Raised: Yes

Exterior Construction/Siding

Siding: Yes

Roof

Shingle: Yes

Exterior Features

Private Yard: Yes

Patio And Porch Features

Front Porch: Yes

Fencing

Full: Yes
Wood: Yes

Driveway Features

Gravel Drive: Yes

Parking Features

Driveway: Yes

Disclosures

As Is: Yes
Lead Paint: Yes

Approx Age Code

Older Home 25+ Years: Yes

Lease Term

Other: Yes
See Remarks: Yes

Unit 1 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Listing Office: Crescent Sotheby's International Realty

Listing Agent: Douglas Adams

Last Updated: August - 06 - 2026