141 W 5th Street, Hattiesburg, MS 39401

New Listing
$259,500
Property Type: Residential 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. Pi ...

Listing Details MLS# 4158381

General Property Information

Property Sub Type
Duplex
New Construction
No
Property Condition
Updated/Remodeled
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
Fireplace
No
Pool
No
Home Warranty
No
Accessibility Features
No
Garage Spaces
0
Carport Spaces
0
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 Covenants And Restrictions: See Remarks Interior Features: Ceiling Fan(s); Eat-in Kitchen Kitchen Features: Kitchen/Family Room View Bathroom Features: Walk-In Shower 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 Patio And Porch Features: Front Porch Exterior Features: Private Yard Fencing: Full Yard; Wood Driveway Features: Gravel Drive Parking Features: Driveway Waterfront Features: None Disclosures: As Is; Lead Paint

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

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

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

Architectural Style

See Remarks
Yes

Lot Features

City Lot
Yes
Fenced
Yes
Front Yard
Yes

Covenants And Restrictions

See Remarks
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

Kitchen Features

Kitchen/Family Room View
Yes

Bathroom Features

Walk-In Shower
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 Yard
Yes
Wood
Yes

Driveway Features

Gravel Drive
Yes

Parking Features

Driveway
Yes

Disclosures

As Is
Yes
Lead Paint
Yes
Listing Office: Crescent Sotheby's International Realty
Listing Agent: Douglas Adams
Source MLS Verified
Last Updated: August - 06 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.