1423 Jo Ellen Circle, Gulfport, MS 39501

$309,000
Property Type: Res Income Multi-Fam Bedrooms: 15 Square Footage: 3,120 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $309,000 List Date: 2/09/2026 Last Modified: 4/25/2026

Overview

Description

Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify squ ...

Listing Details MLS# 4138627

General Property Information

# of Units Included in Sale
5
Approx Lot Size Acres
0.2
Approx H/C SqFt
3120
SqFt Source
Estimated
List Price/SqFt
99.04
Year Built
1970
Year Built Source
Assessor
Total Floors
2
Bedrooms Total
15
Bathrooms Full
5
Furnished
No
Accessibility Features
No
New Construction
No
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Additional Type Details: Apartments - 5 or Fewer Lot Features: Near Beach Levels: Two Cooling: None Heating: None Utilities: Electricity Available; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: Private Yard

Address and Location Information

Street Number
1423
Street Name
Jo Ellen
Street Suffix
Circle
County
Harrison
State
MS
Zip Code
39501
Parcel Number
0711k-04-037.002
PPIN
82267
Subdivision
Owen Place
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
3226
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
LOT 1423 OWEN HOMES SUBD PHASE 2

Parking Features

Parking Total
8

More Information

Waterfront Features

Waterfront
No

Showing Requirements

Showing
Appointment Required

Remarks & Miscellaneous

Public Remarks
Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

Structure Type

Multi Family
Yes

Lot Features

Near Beach
Yes

Additional Type Details

Apartments - 5 or Fewer
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Cooling

None
Yes

Heating

None
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes
Siding
Yes

Roof

Metal
Yes

Exterior Features

Private Yard
Yes
Listing Office: Keller Williams
Listing Agent: Elizabeth Wackenhut
Last Updated: April - 25 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.