508 E Main Ave Lumberton, MS 39455
Estimated payment $316/month
About This Home
VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton!
Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project. As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning). Bring your vision, your crew, and your plan—this one is all about the potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $410
Year Built
- Built in 1965
Interior Spaces
- 2,174 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Utilities
- Central Heating and Cooling System
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 013D-06-010.000
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $415 | $2,385 | $0 | $0 |
| 2024 | $1,087 | $6,242 | $0 | $0 |
| 2023 | $1,087 | $6,242 | $0 | $0 |
| 2022 | $964 | $5,535 | $0 | $0 |
| 2021 | $956 | $5,535 | $0 | $0 |
| 2020 | $956 | $5,535 | $0 | $0 |
| 2019 | $956 | $5,535 | $0 | $0 |
| 2018 | $951 | $5,510 | $0 | $0 |
| 2017 | $964 | $5,625 | $0 | $0 |
| 2015 | -- | $5,856 | $0 | $0 |
| 2014 | -- | $5,918 | $0 | $0 |
| 2013 | -- | $4,250 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | Price Changed | $53,500 | -2.7% | $25 / Sq Ft |
| 12/23/2025 12/23/25 | For Sale | $55,000 | -- | $25 / Sq Ft |
Source: Hattiesburg Area Association of REALTORS®
MLS Number: 145260
APN: 013D-06-010.000
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Ask me questions while you tour the home.