1423 Jo Ellen Circle, Gulfport, MS 39501

New Listing
$320,000
Property Type: Res Income Multi-Fam Bedrooms: 15 Square Footage: 3,120 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $320,000 List Date: 2/09/2026 Last Modified: 2/10/2026

Description

Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

More Information MLS# 4138627

Address and Location Information

Parcel Number: 0711k-04-037.002 PPIN: 82267 N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 1423 Street Name: Jo Ellen Street Suffix: Circle County: Harrison State: MS Zip Code: 39501 Subdivision: Owen Place

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-02-09 List Price: $320,000 Current Price: $320,000

General Property Information

New Construction: No # of Units Included in Sale: 5 Approx Lot Size Acres: 0.2 SqFt Source: Estimated List Price/SqFt: 102.56 Year Built Source: Assessor Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Furnished: No Accessibility Features: No Approx H/C SqFt: 3120 Year Built: 1970 Bedrooms Total: 15 Bathrooms Full: 5

Tax and Financial Information

Tax Annual Amount: 3226 Tax Year: 2025 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: LOT 1423 OWEN HOMES SUBD PHASE 2

Remarks & Miscellaneous

Public Remarks: Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

Structure Type

Multi Family: 1

Lot Features

Near Beach: 1

Additional Type Details

Apartments - 5 or Fewer: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Available: 1 Sewer Available: 1 Water Available: 1

Cooling

None: 1

Heating

None: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1 Siding: 1

Roof

Metal: 1

Exterior Features

Private Yard: 1

Parking Features

Parking Total: 8

Property Features

Structure Type: Multi Family Additional Type Details: Apartments - 5 or Fewer Lot Features: Near Beach Levels: Two Cooling: None Heating: None Utilities: Electricity Available; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: Private Yard
Listing Office: Keller Williams
Listing Agent: Elizabeth Wackenhut
Last Updated: February - 10 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.