406 Russell Avenue, 5, Long Beach, MS 39560 (MLS# 4143015)

406 Russell Avenue, 5, Long Beach, MS 39560

$632,000

Virtual Tour

https://www.propertypanorama.com/406-Russell-Avenue-Long-Beach-MS-39560/unbranded

Property Type: Res Income Multi-Fam Bedrooms: 6 Square Footage: 4,028 Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $632,000 List Date: 3/20/2026 Last Modified: 5/06/2026

Overview

Description

Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400. The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch. Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity. Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.

Listing Details MLS# 4143015

General Property Information

# of Units Included in Sale: 5
Approx Lot Size Acres: 0.38
Lot Size Dimensions: 163 x 100 x 163 x 102
Approx H/C SqFt: 4028
SqFt Source: Public Records
List Price/SqFt: 156.9
Year Built: 1974
Year Built Source: Assessor
Total Floors: 2
Bedrooms Total: 6
Bathrooms Full: 5
Furnished: No
Pool: No
School District: Long Beach Dist
Elementary School: Harper Mccaughan
Middle or Junior School: Long Beach Middle School
High School: Long Beach
Accessibility Features: No
New Construction: No
Property Condition: Updated/Remodeled
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Multi Family Levels: Two Owner Pays: Exterior Maintenance; Taxes; Trash Collection; Water Tenant Pays: All Utilities Kitchen Features: Breakfast Bar; Custom Cabinets; Granite Counters; Kitchen/Family Room View Bathroom Features: Ceramic Tile Fireplace Features: None Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Microwave; Refrigerator; Washer/Dryer Stacked Flooring: Carpet; Tile Cooling: Ceiling Fan(s); Central Air; Exhaust Fan Heating: Central Utilities: Electricity Available; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles; Asphalt Shingle Exterior Features: Private Entrance Patio And Porch Features: Front Porch; Rear Porch; Slab Fencing: Wood Parking Features: Common Community Features: Near Entertainment; Street Lights Waterfront Features: Beach Access; None Water Heater: Electric Lease Term: 12 Months Disclosures: Lead Paint

Address and Location Information

Street Number: 406
Street Name: Russell
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39560
Unit #: 5
Parcel Number: 0612f-02-023.000
Subdivision: Kohler & Russell
Directions to Property: From I 10 take Exit 28 toward Long Beach, go south on Jeff Davis Ave, turn right on Railroad St, then left on Russell Ave. Property is on the right.
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Listing Service: Full Service
Never Occupied: Yes

Tax and Financial Information

Tax Annual Amount: 6884
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 5 TO 8 BLK 18 KOHLER & RUSSELL

Workshop Features

Workshop: No

More Information

Waterfront Features

Waterfront: Yes
Beach Access: Yes
None: Yes

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Attic Features

Attic: No

Basement Features

Basement: No

Remarks & Miscellaneous

Public Remarks: Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400. The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch. Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity. Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.

Structure Type

Multi Family: Yes

Levels

Two: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

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

Utilities

Electricity Available: Yes
Water Connected: Yes

Owner Pays

Exterior Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

All Utilities: Yes

Kitchen Features

Breakfast Bar: Yes
Custom Cabinets: Yes
Granite Counters: Yes
Kitchen/Family Room View: Yes

Bathroom Features

Ceramic Tile: Yes

Fireplace Features

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes

Flooring

Carpet: Yes
Tile: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Exhaust Fan: Yes

Heating

Central: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Brick: Yes

Roof

Architectural Shingles: Yes
Asphalt Shingle: Yes

Exterior Features

Private Entrance: Yes

Patio And Porch Features

Front Porch: Yes
Rear Porch: Yes
Slab: Yes

Fencing

Wood: Yes

Parking Features

Common: Yes

Community Features

Near Entertainment: Yes
Street Lights: Yes

Water Heater

Electric: Yes

Disclosures

Lead Paint: Yes

Uncovered Parking?

1-25 Spaces: Yes

Lease Term

12 Months: Yes

Listing Office: Premier Living Realty, LLC

Listing Agent: Ajuanzie Ross Johnson

Last Updated: May - 06 - 2026