1602 E Railroad Street
Gulfport, MS, 39501 $ 299,900
Bedrooms9 Baths4.0 Sq 3,030 Monthly Estimate*
$ 1,847
for $299,900 with 9 bedrooms and 4 full baths. This 3,030 square foot home was built in 1940 on a lot size of 0.28.
Investors and owner-occupants take notice — this expansive corner-lot property in the heart of Gulfport's coastal corridor offers serious multi-unit income potential in a location that practically sells itself. Just a short walk to the Mississippi Gulf Coast beaches, downtown, the harbor, restaurants, and scenic walking and biking paths, demand for rental units here is built right into the address. The main level functions as a spacious primary residence featuring a bright sitting room, large kitchen with adjacent dining area, generous family room, six bedrooms, two full bathrooms, and a dedicated laundry room — comfortably configured for owner occupancy or as a standalone rental unit. The real income play is upstairs. A partially completed apartment awaits your finishing touches, already roughed in with electrical, plumbing, and HVAC work done — the heavy lifting is behind you. Complete it as a 1- or 2-bedroom unit and put it to work as a long-term rental, short-term/vacation rental, or Airbnb in this high-demand coastal market. And there's more — the mostly finished attic space presents a compelling opportunity for a third unit, potentially configured as an efficiency apartment. Three units. One property. One mortgage. Additional highlights include a metal roof installed less than three years ago, an above-ground pool with new liner, a pool house, partial privacy fence, and a beautiful mature pecan tree. A generous supply of building materials conveys with the sale to help you finish strong. With approximately 6,400 square feet of potential living space, a proven rental market steps from the beach, and the groundwork already laid, this property is ready for an investor with vision. Live in one unit, rent the others, and let the Coast go to work for you. Sold As-Is / Where-Is. Buyer to verify all information and perform due diligence.
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FeaturesGeneralTax Year 2025
County Harrison
Property Type Res Income Multi-Fam
Subdivision Name Soria City
Status Active
City Gulfport
Lot Size Units Acres
Lot Size Square Feet 12196.8
Standard Status Active
Heating Central Electric Zoned
Garage Spaces 1
Architectural Style Traditional
Security Features Closed Circuit Camera(s) Security System Owned Smoke Detector(s)
Construction Materials HardiPlank Type
Year Built 1940
New Construction false
Attached Garage false
Other Structures Guest House Second Residence Shed(s) Storage Workshop
High School Gulfport
Property Condition Updated/Remodeled
Sewer Public Sewer
Patio/Porch Features Deck Front Porch Patio
Community Features Boating Fishing Hiking/Walking Trails Marina Near Entertainment Shopping Nearby
Virtual Tour https://zillow.com/view-imx/92f8bf0f-d23f-4fbe-8e4b-e7b2ffe09ee2?initialViewType=pano&setAttribution=mls&utm_source=dashboard&wl=1
Structure Type House
Levels Two
Utilities Cable Available Electricity Connected Natural Gas Available Sewer Connected Water Connected
Cooling Ceiling Fan(s) Central Air Zoned
Waterfront Features Beach Access
Tenant Pays See Remarks
Roof Metal
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InteriorTotal Baths 4
Interior Amenities Ceiling Fan(s) Entrance Foyer Primary Downstairs Walk-In Closet(s)
Flooring Carpet Tile Vinyl
Laundry Features Inside Laundry Room
Window Features Blinds Double Pane Windows Window Treatments
Furnished Y/N No
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ExteriorLot Size Area 0.28
Lot Size Acres 0.28
Parking Features Driveway Garage Faces Side Concrete
Lot Features City Lot Corner Lot Fenced
Water Source Public
Building Area Total 3030
Lot Dimensions 160' x 78' x 160' x 78'
Waterfront Y/N true
Exterior Amenities Fire Pit Landscaping Lights Private Entrance Private Yard
Fencing Back Yard Privacy Vinyl
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* Excluded FeaturesList ByPhilip J LeblancListing Agent
Coldwell Banker Alfonso Realty-Lorraine RdBroker
pleblanc.realtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,847
- Monthly Property Taxes
- $30
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Gulfport, MS
Average List Price $273,004
Percent of Sale Price 9%
About Gulfport, MS 72,725 Population
4% Since 2002
$ 38,533 Median Income
36.37 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4406665 Elementary School
4406666 Middle School
Gulfport High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/30/2026 | $299,900 | | Listed Price |