1602 E Railroad Street, Gulfport, MS 39501
Local realty services provided by:Better Homes and Gardens Real Estate Expect Realty
Listed by: philip j leblanc
Office: coldwell banker alfonso realty-lorraine rd
MLS#:4147774
Source:MS_UNITED
Price summary
- Price:$299,900
- Price per sq. ft.:$98.98
About this home
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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Home facts
- Year built:1940
- Listing ID #:4147774
- Added:1 day(s) ago
- Updated:May 01, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Tile, Vinyl
- Living area:3,030 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Zoned
- Heating:Central, Electric, Zoned
- Central air:Yes
Structure and exterior
- Year built:1940
- Building area:3,030 sq. ft.
- Lot area:0.28 Acres
- Lot Features:City Lot, Corner Lot, Fenced
- Architectural Style:Traditional
- Construction Materials:HardiPlank Type
- Exterior Features:Fire Pit, Landscaping Lights, Private Entrance, Private Yard
- Foundation Description:Pillar/Post/Pier, Slab
- Levels:2 Story
Schools
- High school:Gulfport
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$98.98
- Tax amount:$361 (2025)
Features and amenities
- Laundry features:Inside, Laundry Room
- Amenities:Blinds, Ceiling Fan(s), Double Pane Windows, Entrance Foyer, Primary Downstairs, Walk-In Closet(s), Window Treatments
Parking
- Parking description:Concrete, Driveway, Garage Faces Side
- Garage:Yes
- Garage spaces:1
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