Live in the center of Bay St. Louis and have rental income also! Prime Investment Opportunity - Versatile Property with two detached rental units! Don't miss this incredible investment opportunity in the heart of town! This unique property features a 3-bedroom, 2.5-bath main house with covered parking, plus a duplex in the back—perfect for generating rental income. Situated on a large lot with a storage shed, this property offers both residential and commercial potential. With its high elevation and C-2 commercial zoning, the possibilities are endless! Use it as a primary residence with rental income, or take advantage of the zoning for a catering business, retail shop, antique store, art gallery, hair salon, and more. Conveniently located in the center of town, this property provides easy access to major roads, shopping, dining, and business hubs. Whether you're an investor, entrepreneur, or homebuyer looking for flexibility, this property is a rare find!
Closed
Price Unknown
507 Main St, Bay Saint Louis, MS 39520
3beds
2,742sqft
Residential, Multi Family, Single Family Residence
Built in 1996
-- sqft lot
$356,700 Zestimate®
$--/sqft
$2,121 Estimated rent
Home value
$356,700
$292,000 - $439,000
$2,121/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Matthew J Stieffel 228-224-5530,
Coldwell Banker Alfonso Realty-BSL
Bought with:
Andrew G Harwell, S59841
Trifecta Real Estate, LLC
Source: MLS United,MLS#: 4104699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Gas Water Heater
Features
- Has fireplace: Yes
- Fireplace features: Den
Interior area
- Total structure area: 2,742
- Total interior livable area: 2,742 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Driveway, Varies by Unit
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.44 Acres
Details
- Parcel number: 149e029293.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Residential, Multi Family, Single Family Residence
Materials
- Stucco
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Bay Saint Louis
Financial & listing details
- Tax assessed value: $179,153
- Annual tax amount: $1,549
- Date on market: 2/24/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | -- |
Source: MLS United #4104699 Report a problem | ||
| 5/24/2025 | Pending sale | $399,000$146/sqft |
Source: MLS United #4104699 Report a problem | ||
| 4/27/2025 | Price change | $399,000-16.7%$146/sqft |
Source: MLS United #4104292 Report a problem | ||
| 4/12/2025 | Price change | $479,000-4%$175/sqft |
Source: MLS United #4104699 Report a problem | ||
| 3/18/2025 | Price change | $499,000-5.7%$182/sqft |
Source: MLS United #4104699 Report a problem | ||
| 2/19/2025 | Listed for sale | $529,000$193/sqft |
Source: MLS United #4104292 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,549 | $20,438 |
| 2024 | $1,549 +6.2% | $20,438 +2% |
| 2023 | $1,458 +1.2% | $20,035 |
| 2022 | $1,442 +1.1% | $20,035 |
| 2021 | $1,426 | $20,035 +21.6% |
| 2020 | $1,426 +26.9% | $16,477 |
| 2019 | $1,125 | $16,477 |
| 2018 | $1,125 | $16,477 -0.5% |
| 2017 | $1,125 +19.2% | $16,566 |
| 2016 | $943 | $16,566 +6.7% |
| 2015 | $943 -55.6% | $15,531 -25.1% |
| 2014 | $2,126 +70.3% | $20,725 +45.7% |
| 2013 | $1,249 -1% | $14,229 +0% |
| 2012 | $1,261 +0.1% | $14,226 +0.1% |
| 2011 | $1,259 -43.6% | $14,211 -33.3% |
| 2010 | $2,233 +2.3% | $21,317 +5.2% |
| 2009 | $2,183 +116.7% | $20,264 +63.1% |
| 2008 | $1,007 | $12,425 +4.6% |
| 2007 | -- | $11,873 +13.1% |
| 2006 | -- | $10,498 -9.8% |
| 2005 | -- | $11,644 |
| 2004 | -- | $11,644 |
| 2002 | -- | $11,644 -6.7% |
| 2001 | -- | $12,478 +1% |
| 2000 | -- | $12,356 |
Find assessor info on the county website
Neighborhood: 39520
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Nearby schools
GreatSchools rating
- 8/10North Bay Elementary SchoolGrades: 3-6Distance: 0.8 mi
- 8/10Bay Waveland Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Bay High SchoolGrades: 9-12Distance: 0.7 mi
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$356,700
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