For sale

Price cut: $3.8K (5/22)

$49,700

508 E Main Ave, Lumberton, MS 39455

--beds

0baths

2,174sqft

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Triplex, Multi Family

Built in 1965

-- sqft lot

$-- Zestimate^®

$23/sqft

$-- HOA

What's special

Corner lot

VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton! Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project. As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning). Bring your vision, your crew, and your plan—this one is all about the potential.

198 days

132

2

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Cooling

Central Air

Features

Flooring: Laminate

Interior area

Total structure area: 2,174
Total interior livable area: 2,174 sqft

Property

Parking

Total spaces: 1

Features

Levels: One
Stories: 1

Lot

Size: 9,583 Square Feet
Dimensions: .22 Acres

Details

Parcel number: 013D06010000

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Block

Condition

Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Lumberton

Financial & listing details

Price per square foot: $23/sqft
Tax assessed value: $41,610
Annual tax amount: $410
Date on market: 12/23/2025

Estimated market value

Not available

Estimated sales range

Not available

$950/mo

Price history

Date	Event	Price
5/22/2026	Price change	$49,700-7.1%$23/sqft
Source: HSMLS #145260 Report a problem
3/23/2026	Price change	$53,500-2.7%$25/sqft
Source: HSMLS #145260 Report a problem
12/23/2025	Listed for sale	$55,000$25/sqft
Source: HSMLS #145260 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,045 +0.4%	$6,242
2023	$1,041 +7.9%	$6,242 +12.8%
2022	$964 +0.9%	$5,535
2021	$956	$5,535
2020	$956 -0.9%	$5,535
2019	$964	$5,535 +0.5%
2018	$964	$5,510 -2%
2017	$964	$5,625 -3.9%
2015	$964	$5,856 -1%
2014	--	$5,918 +39.2%
2013	--	$4,250 -3.3%
2012	--	$4,396
2011	--	$4,396 -1%
2010	$670 -0.6%	$4,441
2009	$674 +2.9%	$4,441 -1.6%
2008	$655 +0.6%	$4,513 +2.4%
2007	$651	$4,408

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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