Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Active
Price cut: $50K (8/17)
$699,900
511 32nd St, Gulfport, MS 39507
19beds
10,276sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
New soffit and fasciaExterior lightingNew upstairs railings
- 221 days
- 227
- 39
Zillow last checked:
Listing updated:
Listed by:
Monique C Ward 228-327-4814,
Beau Vue Realty, LLC 228-819-2091
Source: MLS United,MLS#: 4141295
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Central, Ductless, Electric
Cooling
- Ceiling Fan(s), Central Air, Ductless, Electric, Wall/Window Unit(s)
Appliances
- Included: Cooktop, Electric Oven, Free-Standing Electric Range, Refrigerator, Water Heater
- Laundry: None, See Remarks
Features
- Laminate Counters
- Flooring: Ceramic Tile, Combination, Laminate
- Windows: Blinds
- Fireplace features: None
Interior area
- Total structure area: 10,276
- Total interior livable area: 10,276 sqft
Video & virtual tour
Property
Parking
- Parking features: Common, On Site, Paved
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: Lighting
- Fencing: None
- Waterfront features: None
Lot
- Size: 0.33 Acres
- Features: City Lot, Level
Details
- Parcel number: 0910n05010.000
- Zoning description: General Business
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Entertainment, Street Lights
- Security: None
- Subdivision: Magnolia Grove
HOA
- Has HOA: No
Location
- Region: Gulfport
Financial & listing details
- Price per square foot: $68/sqft
- Annual tax amount: $7,658
- Date on market: 3/5/2026
- Tenant pays: See Remarks
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,022/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $699,900-6.7%$68/sqft |
Source: MLS United #4141295 Report a problem | ||
| 3/5/2026 | Listed for sale | $749,9000%$73/sqft |
Source: MLS United #4141295 Report a problem | ||
| 9/2/2022 | Listing removed | -- |
Source: MLS United #4025573 Report a problem | ||
| 8/22/2022 | Price change | $750,000-3.2%$73/sqft |
Source: MLS United #4025573 Report a problem | ||
| 8/7/2022 | Listed for sale | $775,000+55%$75/sqft |
Source: MLS United #4025573 Report a problem | ||
| 3/3/2018 | Listing removed | $500,000$49/sqft |
Source: Sawyer Real Estate, Inc. Of Ms. #321620 Report a problem | ||
| 2/7/2018 | Listed for sale | $500,000-43.8%$49/sqft |
Source: Sawyer Real Estate, Inc. Of Ms. #321620 Report a problem | ||
| 8/20/2016 | Listing removed | $890,000$87/sqft |
Source: Sawyer Real Estate, Inc. Of Ms #262661 Report a problem | ||
| 10/20/2015 | Listed for sale | $890,000$87/sqft |
Source: Sawyer Real Estate, Inc. Of Ms #262661 Report a problem | ||
| 4/9/2015 | Listing removed | $890,000$87/sqft |
Source: Sawyer Real Estate, Inc. #262661 Report a problem | ||
| 9/19/2014 | Listed for sale | $890,000$87/sqft |
Source: Sawyer Real Estate, Inc. #262661 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 39507
Nearby schools
Schools provided by the listing agent
- Elementary: Pass Road
- Middle: Bayou View Middle School
- High: Gulfport
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




