126 Rue Magnolia, Biloxi, MS 39530

$425,000
Property Type: Residential Bedrooms: 4 Square Footage: 1,990 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $498,500 List Date: 7/27/2025 Last Modified: 10/15/2025

Description

Step into this 4-bedroom, 2-bathroom home, the exterior perfectly captures the essence of New Orleans charm! Nestled in between restaurants and downtown businesses, this property offers the ideal blend of historic downtown buildings and modern comforts. With incredible VRBO / ABNB potential, this home is perfect for both savvy investors and families looking for a unique residence. A charming courtyard with landscaping provides the perfect setting for outdoor gatherings or morning coffee, Unwinding is easy on your private patio after a hard day's work. Located just 3-5 minutes' walk from the Beau Rivage and the Hard Rock casino's. Just steps from iconic local dining spots like Mary Mahoney's and Half Shell Oyster House. Experience the best of Biloxi's downtown living right at your doorstep! VRBO / ABNB Potential: This property's desirable location and layout make it an ideal candidate for vacation rentals. With the growing demand for short-term stays in the area, you can capitalize on a lucrative investment opportunity while enjoying the vibrant lifestyle this city has to offer. Don't Miss Out! Whether you're looking for a home or an investment property with great rental potential, this French Quarter style gem is must-see. This property is zoned for many business types down town as well. ----Owner would consider Leasing this property, property is zoned for office space as well -----

More Information MLS# 4120652

Address and Location Information

Parcel Number: 1410k-03-103.001 N or S of I-10: S N or S of CSX Railroad Track: S Street Number: 126 Street Name: Rue Magnolia County: Harrison State: MS Zip Code: 39530 Subdivision: Metes And Bounds

Listing Information

Listing Service: Full Service Status: Closed List Date: 2025-07-27 List Price: $498,500 Current Price: $425,000

General Property Information

New Construction: No Property Condition: Move In Ready Approx Lot Size Acres: 0.04 SqFt Source: Owner List Price/SqFt: 250.5 Year Built Source: Public Records Garage Spaces: 0 Carport Spaces: 0 Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Fireplace: Yes Fireplaces Total: 1 Pool: No School District: Biloxi Public Dist Home Warranty: No Accessibility Features: No Pets Allowed: Yes Property Sub Type: Other Approx H/C SqFt: 1990 Year Built: 1972 Bedrooms Total: 4 Bathrooms Full: 2

Tax and Financial Information

Tax Annual Amount: 1698 Tax Year: 2024 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: COM AT NE COR OF WATER ST & MAGNOLIA MALL N 85 FT TO BEG N 40 FT E 39 FT S 40 FT W 39 FT TO BEG BLK 126

Remarks & Miscellaneous

Public Remarks: Step into this 4-bedroom, 2-bathroom home, the exterior perfectly captures the essence of New Orleans charm! Nestled in between restaurants and downtown businesses, this property offers the ideal blend of historic downtown buildings and modern comforts. With incredible VRBO / ABNB potential, this home is perfect for both savvy investors and families looking for a unique residence. A charming courtyard with landscaping provides the perfect setting for outdoor gatherings or morning coffee, Unwinding is easy on your private patio after a hard day's work. Located just 3-5 minutes' walk from the Beau Rivage and the Hard Rock casino's. Just steps from iconic local dining spots like Mary Mahoney's and Half Shell Oyster House. Experience the best of Biloxi's downtown living right at your doorstep! VRBO / ABNB Potential: This property's desirable location and layout make it an ideal candidate for vacation rentals. With the growing demand for short-term stays in the area, you can capitalize on a lucrative investment opportunity while enjoying the vibrant lifestyle this city has to offer. Don't Miss Out! Whether you're looking for a home or an investment property with great rental potential, this French Quarter style gem is must-see. This property is zoned for many business types down town as well. ----Owner would consider Leasing this property, property is zoned for office space as well -----

Status Change Info

Sold Price/SqFt: 213.57 Contract Date/Pending Date: 2025-09-19 Closing Date: 2025-10-03

Structure Type

Lowrise 1-2 Floors: 1

Architectural Style

French Acadian: 1 Other: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Other: 1

Showing Requirements

Showing: Appointment Required

Utilities

Cable Available: 1 Sewer Connected: 1 Other: 1

Fireplace Features

Other: 1

Appliances

Free-Standing Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1

Flooring

Carpet: 1 Tile: 1

Cooling

Central Air: 1

Heating

Central: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Block: 1 Brick: 1

Roof

Architectural Shingles: 1

Exterior Features

Courtyard: 1

Patio And Porch Features

Front Porch: 1 Patio: 1 Porch: 1 Other: 1

Fencing

Back Yard: 1 Wrought Iron: 1

Parking Features

Parking Lot: 1

Property Features

Structure Type: Lowrise 1-2 Floors Architectural Style: French Acadian; Other Levels: Two Fireplace Features: Other Appliances: Free-Standing Electric Range; Microwave; Refrigerator; Washer/Dryer Flooring: Carpet; Tile Cooling: Central Air Heating: Central Utilities: Cable Available; Sewer Connected; Other Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional; Other Roof: Architectural Shingles Patio And Porch Features: Front Porch; Patio; Porch; Other Exterior Features: Courtyard Fencing: Back Yard; Wrought Iron Parking Features: Parking Lot
Listing Office: The Xchange Group, LLC
Listing Agent: Desmond C Felsher
Last Updated: October - 15 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.