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Listing Detail - Nashville Home and Farms

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Gulfport, MS 39501 5420 28th Street

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Presented By: Coldwell Banker Alfonso Realty-Lorraine Rd
  • MLS# 4150839
  • 05/28/2026
  • Request Tour
  • Request Info
  • Beds • 24
  • Baths • 12
  • SQFT • 8,700

Home Details

Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport — one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use income portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath units and one 1-bedroom studio, generating $8,700/month ($104,400/year) in current gross rents. Property further features a vacant 600 SF commercial space and a non-operating on-site laundry facility — both representing immediate, untapped income streams for a new owner. Current rents run well below Gulfport market rates of $850-$1,100+/month for 2-bedroom units, offering a clear value-add path through natural lease turnover with no forced displacement. Bring the commercial space online, restore the laundry, and stabilized gross income potential approaches $13,100+/month. Combined annual property taxes on both parcels total just $6,456. Water and dumpster service are owner-paid and documented. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Zoned commercial/multifamily. Do not disturb tenants — showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.
Presented By: Coldwell Banker Alfonso Realty-Lorraine Rd

Interior Features for 5420 28th Street

Bathrooms

Total Baths12

Other Interior Features

FlooringCeramic Tile
Furnished Y/NNo
Interior AmenitiesOpen Floorplan
Laundry FeaturesSee Remarks
Window FeaturesAluminum Frames

General for 5420 28th Street

Architectural StyleTraditional
Attached Garage No
CityGulfport
Construction MaterialsBrick, Wood Siding
CoolingCentral Air, Electric
CountyHarrison
Garage Spaces
HeatingCentral, Electric
LevelsOne
Lot Size Square Feet27007.2
Lot Size UnitsAcres
New ConstructionNo
OwnerPaysInsurance, Sewer, Taxes, Trash Collection, Water, Other
Patio/Porch FeaturesFront Porch
Property TypeRes Income Multi-Fam
RoofArchitectural Shingles
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameKennelworth Park
Tax Year2025
Tenant PaysElectricity
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Waterfront FeaturesNone
Year Built1979

Exterior for 5420 28th Street

Building Area Total8700
Exterior AmenitiesNone
FencingNone
Lot Dimensions210' x 129'
Lot FeaturesCorner Lot, Level, Dumpster
Lot Size Acres0.62
Lot Size Area0.62
Parking FeaturesCommon, Concrete
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Anthony Martin

Agent | Owner
Price $735,000
MLS#4150839
List Date 05/28/2026
Property Type Multi-Family
Request Tour
Request Info
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