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407 N 40th Ave, Hattiesburg, MS 39401

8beds

2,902sqft

Multi Family, Quadruplex

Built in 1980

-- sqft lot

$244,700 Zestimate^®

$--/sqft

$819 Estimated rent

Home value

$244,700

$196,000 - $308,000

$819/mo

Zestimate^® history

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$819/mo

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$819/mo

Rent Zestimate^®

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What's special

Rare 4-unit multi-family investment in a prime Hattiesburg location! Each unit features 2 bedrooms, 1 bathroom, and washer & dryer hookups. This fully occupied fourplex is generating strong cash flow, making it a turnkey opportunity for investors looking to expand their portfolio or start one. Recent upgrades include a new roof, along with most HVAC units and water heaters replaced, ensuring low maintenance costs. Situated in a high-demand rental area, this property offers stable tenancy and long-term income potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Other

Cooling

Other

Interior area

Total structure area: 2,902
Total interior livable area: 2,902 sqft

Property

Parking

Parking features: Paved

Features

Levels: Two
Stories: 2
Exterior features: Other
Waterfront features: None

Lot

Size: 5,662 Square Feet

Details

Parcel number: 2028l07070.00

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Brick Veneer
Foundation: Slab
Roof: Architectural Shingles

Condition

New construction: No
Year built: 1980

Utilities & green energy

Sewer: Other
Water: Other
Utilities for property: Electricity Available

Community & HOA

Community

Subdivision: Pine Crest 2nd SUR

Location

Region: Hattiesburg

Financial & listing details

Annual tax amount: $2,952
Date on market: 3/12/2025
Electric utility on property: Yes

Price history

Date	Event	Price
6/12/2025	Sold	--
Source: MLS United #4106516 Report a problem
3/25/2025	Contingent	$259,900$90/sqft
Source: HSMLS #141674 Report a problem
3/25/2025	Pending sale	$259,900$90/sqft
Source: MLS United #4106516 Report a problem
3/12/2025	Listed for sale	$259,900-8.8%$90/sqft
Source: HSMLS #141674 Report a problem
10/6/2022	Listing removed	--
Source: HSMLS #131119 Report a problem
9/27/2022	Listed for sale	$285,000$98/sqft
Source: HSMLS #131119 Report a problem