About This Home

This 15-bedroom, 5-bathroom residential multi family at 1423 Jo Ellen Circle in Gulfport, MS is listed for $290,000 ($93 per sqft). Built in 1970, the home offers 3,120 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1970
  • 0.20 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
5 full
8 spaces
1970
Listing Description

Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential.

Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units - each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units - each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard.

Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

1423 Jo Ellen Circle

Gulfport, MS 39501

Owen Place

Features & Amenities

Exterior Features

Private Yard

Questions & Answers

This 15-bedroom, 5-bathroom residential multi family at 1423 Jo Ellen Circle is listed at $290,000 ($93/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.20 acre lot, 2 stories, 8 parking spaces. Exterior Features: Private Yard.

This property is listed by Elizabeth Wackenhut.

EW

Elizabeth Wackenhut

License S57105

Agent at Keller Williams MS Gulf Coast

Listed by Keller Williams MS Gulf Coast · Broker phone: (228) 275-7500 · View on Broker Site

MLS# 4138627· Source: MLS United· 262 days on PropertySimple

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.

1423 Jo Ellen Circle, Gulfport, MS 39501

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