Turnkey Investment Opportunity in Prime Downtown Biloxi
Located in the heart of downtown Biloxi, 139 Fayard St offers an excellent opportunity for investors seeking strong rental income in a high-demand area. This property features three well-maintained 1-bedroom, 1-bathroom units, all of which are currently leased, providing immediate cash flow from day one.
Situated just minutes from casinos, beaches, restaurants, and entertainment, this location is ideal for attracting long-term tenants or exploring short-term rental potential (subject to city guidelines).
Whether you're expanding your portfolio or seeking a stable income-producing asset, this multi-unit property checks all the boxes with consistent occupancy, excellent walkability, and upside potential in one of Biloxi's most desirable locations.
Active
$365,000
139 Fayard St, Biloxi, MS 39530
3beds
1,412sqft
Est.:
Multi Family
Built in 1932
-- sqft lot
$324,000 Zestimate®
$258/sqft
$-- HOA
What's special
- 77 days
- on Zillow |
- 203 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 10:00am
Listed by:
Fred Hornsby 228-860-3080,
Berkshire Hathaway HomeServices Preferred Properties 228-896-6060
Source: MLS United,MLS#: 4113993
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- See Remarks
Cooling
- See Remarks
Interior area
- Total structure area: 1,412
- Total interior livable area: 1,412 sqft
Property
Parking
- Parking features: See Remarks
Features
- Levels: Two
- Stories: 2
- Exterior features: None
Details
- Parcel number: 1410k03154.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: See Remarks
- Roof: See Remarks
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Biloxi
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $69,693
- Annual tax amount: $1,200
- Date on market: 5/21/2025
- Electric utility on property: Yes
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