1015 W Pine St, Hattiesburg, MS, 39401
About This Home
At only $81.38/SF living area, this 32-unit complex in desirable Flood Zone C is an excellent addition to your investment portfolio. 12 units have been under a corporate contract for more than 6 yrs & the contract has been maintained by same Owners for the past 6 yrs. Property is included in the exciting new "Right Down Broadway" Overlay Project; progressive college town; within City limits with all metro perks; on-site laundry; potential for rent increases. ** (12) 1 BR/1 Bath units & (20) 2 BR/1 Bath units. 14 hot water heaters & 9 central AC units replaced. Metal roof on rear building. ** Gross Income, Rent Rolls, Total Operating Expenses & Cap Rate are available to qualified Buyers. Owners have numbers to substantiate Trailing NOI as well as Stabilized NOI. ** Buyer/Investor must be pre-qualified; no Owner Financing. This is an ongoing business listing so please do not reach out to Tenants. Call me with questions. ** 55-min drive from Picayune & 40 min from Poplarville.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1972
Materials
- Foundation: Concrete Perimeter
- Roof: Metal,Tar/Gravel
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Unit 1: Refrigerator,Range/Oven,Unit 2: Refrigerator,Range/Oven,Unit 3: Refrigerator,Range/Oven,Unit 4: Refrigerator,Range/Oven,Electric Water Heater
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
Features
- Flooring: Carpet,Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,320
- Total interior livable area: 24,576 sqft
Property
Details
- Parcel number: 019287
Features
- Levels: Two
- Stories: 2
- Waterfront features: None
Lot
- Lot size: 0.94 Acres
- Features: City Lot
- Lot size dimensions: 94 acre
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Tornado
- Hail
- Hurricane
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Forrest County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,113 | $121,356 |
| Home Insurance * | $233 | $2,796 |
| Property Taxes | $1,166 | $13,992 |
| Electricity | $2,285 | $27,422 |
| Total | $13,797 | $165,564 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $2,000,000 |
| 2020-06-26 | Listing removed | $500 |
| 2020-04-11 | Price change | $500 |
| 2020-04-10 | Listed for rent | $450 |
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