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

406 Russell Avenue, 5, Long Beach, MS 39560

New Listing

$632,000

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: 3/20/2026

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.

More Information MLS# 4143015

Address and Location Information

Parcel Number: 0612f-02-023.000 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 Street Number: 406 Street Name: Russell Street Suffix: Avenue County: Harrison State: MS Zip Code: 39560 Unit #: 5 Subdivision: Kohler & Russell

Listing Information

Listing Service: Full Service Never Occupied: Yes Status: Active List Date: 2026-03-19 List Price: $632,000 Current Price: $632,000

General Property Information

New Construction: No Property Condition: Updated/Remodeled # of Units Included in Sale: 5 Approx Lot Size Acres: 0.38 Lot Size Dimensions: 163 x 100 x 163 x 102 SqFt Source: Public Records List Price/SqFt: 156.9 Year Built Source: Assessor Garage Spaces: 0 Carport Spaces: 0 Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 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 Approx H/C SqFt: 4028 Year Built: 1974 Bedrooms Total: 6 Bathrooms Full: 5

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

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: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes Beach Access: 1 None: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Available: 1 Water Connected: 1

Owner Pays

Exterior Maintenance: 1 Taxes: 1 Trash Collection: 1 Water: 1

Tenant Pays

All Utilities: 1

Kitchen Features

Breakfast Bar: 1 Custom Cabinets: 1 Granite Counters: 1 Kitchen/Family Room View: 1

Bathroom Features

Ceramic Tile: 1

Fireplace Features

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Electric Oven: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer Stacked: 1

Flooring

Carpet: 1 Tile: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Exhaust Fan: 1

Heating

Central: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick: 1

Roof

Architectural Shingles: 1 Asphalt Shingle: 1

Exterior Features

Private Entrance: 1

Patio And Porch Features

Front Porch: 1 Rear Porch: 1 Slab: 1

Fencing

Wood: 1

Parking Features

Common: 1

Community Features

Near Entertainment: 1 Street Lights: 1

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Attic Features

Attic: No

Basement Features

Basement: No

Water Heater

Electric: 1

Disclosures

Lead Paint: 1

Uncovered Parking?

1-25 Spaces: 1

Lease Term

12 Months: 1

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

Listing Office: Premier Living Realty, LLC

Listing Agent: Ajuanzie Ross Johnson

Last Updated: March - 20 - 2026