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5420 28th Street
Gulfport MS 39501 US

$735,000

Active Listing ID 4150839
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24 bed
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12.00 Bath (12 Full)
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Lot: 0.62 Acres
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Other

$735,000

Active Listing ID 4150839
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5420 28th Street 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.

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Property Features

  • Facts
  • Lot Size: 0.62 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 12
  • Floor Covering: Tile - Ceramic
  • Roof Type: Shingle
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 735000
  • unparsedaddress: 5420 28th Street
  • postalcity: Gulfport
  • stateorprovince: MS
  • country: US
  • postalcode: 39501
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.62
  • lotsizeunits: Acres
  • lotsizearea: 0.62
  • livingarea: 8700
  • livingareaunits: Square Feet
  • latitude: 30.384228
  • longitude: -89.126843
  • listagentfullname: Philip J Leblanc
  • listagentemail: pleblanc.realtor@gmail.com
  • listagentkey: 3yd-MGCMLSMS-20210726173952092592000000
  • listagentmlsid: mgc.leblpp
  • listagentpreferredphone: 2288600082
  • listagentofficephone: 2282871000
  • listofficekey: 3yd-MGCMLSMS-20210726155936404030000000
  • listagentstatelicense: S30047
  • listofficemlsid: mgc.ofc104
  • disclaimer: Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MGCMLSMS
  • yearbuilt: 1979
  • listingcontractdate: 2026-05-28
  • listagentfax: 8665910652
  • listagenturl: http://philipjleblanc.com
  • countyorparish: Harrison
  • parcelnumber: 0710n-03-028.000
  • appliances: Range
  • flooring: Tile - Ceramic
  • numberofunitstotal: 13
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 24
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • windowfeatures: Aluminum Frames
  • rooms: Bedroom 21, Bedroom 23, Bedroom 11, Bedroom 17, Bedroom 19, Bathroom 12, Bathroom 6, Bedroom 7, Bathroom 7, Bedroom 8, Bathroom 1, Bedroom 12, Bedroom 20, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 13, Bedroom 9, Bedroom 14, Bedroom 2, Bedroom 15, Bedroom 6, Bathroom 2, Bedroom 10, Bedroom 3, Bathroom 3, Bathroom 8, Bedroom 18, Bedroom 16, Bathroom 9, Bedroom 24, Bathroom 11, Bathroom 10, Bedroom 22
  • utilities: Cable Available
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.12685, 30.384228
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Alfonso Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"pleblanc.realtor@gmail.com", "ListBrokerageCity":"Gulfport", "ListBrokerageCountry":"US", "ListBrokerageEmail":"online@alfonso.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MGCMLSMS/a16241d1744711e6bc160242ac110009/20200218193448120.png", "ListBrokerageName":"Coldwell Banker Alfonso Realty, Inc.", "ListBrokeragePhone":"(228) 287-1000", "ListBrokeragePostalCode":"39503", "ListBrokerageStateOrProvince":"MS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9153 Lorraine Rd", "ListBrokerageWebsiteUrl":"http://Alfonso.com", "ListOfficeAddress1":"9153 Lorraine Rd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20210726155936404030000000", "ListOfficeCity":"Gulfport", "ListOfficeCountry":"US", "ListOfficeEmail":"Carlene.Alfonso@gmail.com", "ListOfficePostalCode":"39503", "ListOfficeStateOrProvince":"MS", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Gulfport, MS", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5420-28th-St_Gulfport_MS_39501_M84029-29052?f=listhub&s=MGCMLSMS&m=4150839&c=rexren", "MLSModificationTimestamp":"2026-06-02 17:39:11", "Neighborhoods":[{"Description":null, "Name":"Kennelworth Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5694, "TaxDescription":"LOTS 11 TO 18 INC BLK 10 KENELSWORTH PARK SEC 31-7-11", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/2/2026 5:41:42 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Philip J Leblanc, Coldwell Banker Alfonso Realty-Lorraine Rd, pleblanc.realtor@gmail.com

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.