5420 28th Street, Gulfport, MS, 39501

For Sale

5420 28th St, Gulfport, MS 39501

This Gulfport property for sale is located at 5420 28th St. The current listed sale price for 5420 28th Street, Gulfport, MS, 39501 is $735,000. 5420 28th Street, Gulfport, MS, 39501 is situated on a lot that is 0.62 acre in size.

Contacts

Philip LeBlanc

Coldwell Banker Alfonso Realty, Inc.

Property Details

  • Property Type Multi-Family
  • Lot Size 0.62 Acre
  • Year Built 1979
  • Date Updated May 30, 2026
Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport — one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use income portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath units and one 1-bedroom studio, generating $8,700/month ($104,400/year) in current gross rents. Property further features a vacant 600 SF commercial space and a non-operating on-site laundry facility — both representing immediate, untapped income streams for a new owner. Current rents run well below Gulfport market rates of $850-$1,100+/month for 2-bedroom units, offering a clear value-add path through natural lease turnover with no forced displacement. Bring the commercial space online, restore the laundry, and stabilized gross income potential approaches $13,100+/month. Combined annual property taxes on both parcels total just $6,456. Water and dumpster service are owner-paid and documented. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Zoned commercial/multifamily. Do not disturb tenants — showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.
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Getting around

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Location

  • City Gulfport, MS
  • Zip Code 39501

Points of Interest

  • Gulfport (opens February 2025)

    2.17 miles

  • Shell

    2.54 miles

  • Pilot

    2.63 miles

  • Exxon

    3.06 miles

  • Chevron

    3.29 miles

  • Sam's Club

    4.05 miles

  • Clark's

    4.22 miles

  • Lofty Lot

    2.23 miles

  • Tennis Court Parking Lot

    2.24 miles

  • IVCR Employee parking

    2.26 miles

  • Hardy Hall Parking Lot

    2.29 miles

  • Holiday Inn Express

    1.95 miles

  • Legacy Inn

    2.54 miles

  • Value Place Gulfport, Mississippi

    2.58 miles

  • WoodSpring Suites

    2.74 miles

  • Comfort Inn & Suites

    2.79 miles

  • Courtyard by Marriott Gulfport Beachfront

    2.90 miles

  • Comfort Suites Gulfport

    2.90 miles

  • Sun Suites of Gulfport

    2.98 miles

  • Days Inn Gulfport

    3.16 miles

  • The Inn at Long Beach

    3.24 miles

  • Winn-Dixie

    2.48 miles

  • Save-A-Lot

    3.21 miles

  • Walmart Supercenter

    3.51 miles

  • Gulfport Premium Outlets

    3.52 miles

  • Ross

    4.33 miles

  • Belk

    4.33 miles

  • TJ Maxx

    4.41 miles

  • Walmart Neighborhood Market

    4.89 miles

  • Food Giant

    5.32 miles

  • JCPenney

    8.14 miles

Contact Listing Broker
Philip LeBlanc

Coldwell Banker Alfonso Realty, Inc.

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