807 Hardy Avenue

Gulfport, MS 39501

About this property

Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along with interior upgrades such as vinyl plank flooring, updated mechanicals, and fresh paint throughout. A shared washer/dryer utility adds additional tenant convenience and retention value. Current rents range $775-$800, with one furnished unit at $925, producing $6,520/month in gross income with room for future upside. Located south of the tracks in a mostly owner-occupied area near Island View Casino, retail, dining, and essential services. This is an ideal setting for long-term renter stability. A clean, updated, cash flowing asset in a prime coastal location. Excellent long-term hold with immediate income.

About this property

Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along with interior upgrades such as vinyl plank flooring, updated mechanicals, and fresh paint throughout. A shared washer/dryer utility adds additional tenant convenience and retention value. Current rents range $775-$800, with one furnished unit at $925, producing $6,520/month in gross income with room for future upside. Located south of the tracks in a mostly owner-occupied area near Island View Casino, retail, dining, and essential services. This is an ideal setting for long-term renter stability. A clean, updated, cash flowing asset in a prime coastal location. Excellent long-term hold with immediate income.

Features and Additional Information

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$575,000 Active
6,406 sqft

Presented By Maselle and Associates REALTORS

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Southern Way Realty
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Area Information

Harrison | Harrison County | Metes And Bounds

$ 575,000
This listing is play_arrow 155.6% higher than the average in the area
$ 225,000 in the area
6,406 SqFt
This listing is play_arrow 159.5% larger than the average in the area
2,469 SqFt in the area
$ 90 $/SqFt
This listing is play_arrow 1.5% less than the average in the area
$ 91 $/SqFt in the area
407 days on site
This listing is play_arrow 62.2% above the average in the area
251 days on site in the area

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Listed By Alain Harpin
Brokerage: Southern Way Realty

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