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505 9th Ave, Lumberton, MS, 39455

2beds
3baths
1,023sqft
$55,000
$54price/sqft
$733/moest. monthly cost
$29,320/yrincome needed

About This Home

Investor special in Lumberton, MS! This solid 2BR/1.5BA property sits on an approx. 1-acre lot and was used for many years as a successful multi-family/rental setup. Built with a durable brick/block exterior and a metal roof, it offers a strong foundation for a value-add renovation perfect for a long-term rental, workforce housing, or a portfolio addition. The large lot provides plenty of room for parking, outdoor space, and future possibilities. If you're looking for a project with upside, this one is worth a look!

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
Lumberton ElementaryGrades PK-60.6 mi
2/10
Lumberton High SchoolGrades 7-120.6 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • 8' +,None
  • Flooring: Concrete

Interior Area

  • Total structure area: 1,023
  • Total interior livable area: 1,023 sqft

Property

Details

  • Parcel number: 077J36179000

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 1 Acres
  • Features: 1 - 3 Acres
  • Lot size dimensions: 1 Acre MOL

Parking

  • Parking features: Driveway
  • Has garage: Yes
  • Has uncovered spaces: Yes

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

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Wildfire
Winter Weather

FEMA Declared Disasters in Lamar County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $278$3,336
Home Insurance *$235$2,820
Property Taxes $28$336
Electricity $192$2,304
Total$733$8,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,131/yr
40% on housing$21,990/yr
45% on housing$19,546/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How 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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$54This listing

vs Other Active Listings

Avg $/sqft

ZIP 39455$217
Lamar County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 39455
Lamar County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-06Listed for sale$55,000

For Sale by Agent

AgentKristi Shorts
BrokerageReal Broker

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