406 Russell Avenue, Long Beach, MS 39560
Kohler & Russell · Harrison County
Key Facts
Description
Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400. The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch. Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity. Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.
Property Information
Property Type
Residential Income
Structure Type
Multi Family
Year Built
1974
Stories
2
Living Area
4,028 sq ft
Lot Size
0.38 acres
Lot Dimensions
163 x 100 x 163 x 102
Days on Market
108
MLS® Listing#
4143015
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Harper Mccaughan
- Middle:
- Long Beach Middle School
- High:
- Long Beach
- District:
- Long Beach Dist
Financial Details
Annual Taxes
$6,884
Tax year 2025
Parcel Number
0612f-02-023.000
Directions
From I 10 take Exit 28 toward Long Beach, go south on Jeff Davis Ave, turn right on Railroad St, then left on Russell Ave. Property is on the right.
Affordability Calculator
$125,800
Estimated monthly payment
$3,348/mo
Principal $503,200 · Est. interest $702,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Beach, MS
- $323,729
- Median Listing Price
- 93
- Median Days on Market
- 1,740
- Median Sq Ft
- $172
- Median Price / Sq Ft
- 107
- Active Listings
- This home’s price is 94% above the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Beach, MS.
Location
Points of Interest in Long Beach, MS
Showing the Long Beach area map.
Nearby Schools
McCaughan Elementary School
Elementary · 0.4 mi away
Long Beach Middle School
Secondary · 0.8 mi away
Long Beach High School
Secondary · 0.8 mi away
Academic Success Center at Southern Miss Gulf Park
School · 1.2 mi away
Thomas L Reeves Elementary School
Elementary · 1.3 mi away
Harper McCaughan Elementary School
Secondary · 1.3 mi away
W J Quarles Elementary School
Elementary · 1.9 mi away
Gaston Point Elementary School
Elementary · 2.5 mi away
University of Southern Mississippi
School · 2.9 mi away
St Vincent de Paul Catholic School
School · 2.9 mi away
Coast Episcopal School
Elementary · 3.1 mi away
West Elementary School
Elementary · 3.1 mi away
Gulfport Central Middle School
Secondary · 3.1 mi away
Twenty Eighth Street Elementary School
Elementary · 3.8 mi away
Pineville Elementary School
Elementary · 3.8 mi away
St. John Elementary School
Elementary · 4.1 mi away
Gulfport School District
School · 4.7 mi away
First Student Bus Services
School · 4.7 mi away
Lil Tots 2 Academy
School · 4.7 mi away
North Gulfport Middle School
Elementary · 5.3 mi away
Commute Calculator
Nearby Homes
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EXIT Agents in Long Beach
Listing Courtesy: Premier Living Realty, LLC - 6017901772
Presented by: Ajuanzie Ross Johnson