$690,000
Original price: $750,000
3 Beds
3 Baths
1,723 sqft
128 Lee St, Biloxi, MS 39530
Est. Mortgage $4,117/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1987
$400/sqft
Garage
Local Information
- Map ViewExplore the area around 128 Lee St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Rare opportunity to own a unique micro-resort compound just minutes from downtown, the harbor, casinos, restaurants, and entertainment. This exceptional property features two rental ready units with immediate income potential and significant upside. Unit A is a beautifully appointed 2-bedroom, 2-bath pool house overlooking a private saltwater pool, spacious cabana, lush tropical landscaping, and a magnificent legacy Live Oak. With private off-street parking, this unit is turnkey and ready for short-term rental or personal use. Unit B offers a 1-bedroom, 1-bath apartment with a private entrance and balcony and has an established history of successful short-term rental income. Unit C is approximately 1,000 square feet, fully gutted and ready for renovation, providing an outstanding value-add opportunity. The space has the potential to accommodate 6-8 guests, creating an additional income-producing unit. Whether you're looking to expand your investment portfolio, operate a boutique vacation rental, or create a private family retreat, this one-of-a-kind compound offers immediate cash flow, future expansion potential, and an unbeatable location. Highlights: • Walkable to beaches, downtown, the harbor, casinos, dining, and entertainment • Private saltwater pool and expansive cabana • Mature tropical landscaping anchored by a stunning Live Oak • Unit A ready for immediate STR operation • Unit B ready for immediate STR operation with proven rental history • Unit C offers exceptional value-add potential • Private entrances and excellent flexibility for owner-occupants or investors
Last check for updates: about 15 hours ago
Listing courtesy of Shane C Kowalski, (228) 216-1517
Saltwater Realty, (228) 344-5553
Source: MLS United, MLS#4154855
Also Listed on MLS United.
Home Details for 128 Lee St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 1723 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer ConnectedAppliances: Dishwasher, Free-Standing RefrigeratorDishwasherLaundry: Inside |
Heating & Cooling Heating: Electric,Natural GasHas CoolingAir Conditioning: Central Air,ENERGY STAR Qualified Equipment,Heat Pump,Wall/Window Unit(s),GasHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate, Tile |
View Has a ViewView: Water |
Security Security: Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Secured Garage/Parking, Security Fence |
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Exterior Home Features Roof: Architectural Shingles Asphalt ShinglePatio / Porch: Awning(s), Slab, Wrap AroundFencing: Perimeter, Privacy, Security, WoodOther Structures: Guest House, Pergola, Pool House, Storage, WorkshopExterior: Awning(s), Lighting, Outdoor Grill, Private YardFoundation: SlabHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a CarportHas a GarageNo Attached GarageParking Spaces: 8Parking: Carport,Electric Gate,Garage Faces Side,Off Site,Concrete,Paved |
Pool Pool: Equipment, In Ground, Outdoor Pool, Pool Sweep, Salt WaterPool |
Frontage WaterfrontWaterfront: Beach Access, Gulf AccessOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 71 |
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Year Built Year Built: 1987 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Multi FamilyStructure Type: See RemarksArchitecture: See Remarks |
Building Construction Materials: Masonry, Stucco, PlasterNot a New Construction |
Property Information Condition: Updated/RemodeledParcel Number: 1410j04050.000 |
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Price List Price: $690,000Price Per Sqft: $400 |
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Direction & Address City: BiloxiCommunity: Metes And Bounds |
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Listing Agent Listing ID: 4154855 |
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Building Area Building Area: 1723 Square Feet |
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No HOA |
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Lot Area: 10018.8 sqft |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 4154855Water ViewWater View: Water |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East Biloxi
At least 42 Trulia users voted on each feature.
88 % Say parking is easy
87 % Say yards are well-kept
87 % Say car is needed
76 % Say kids play outside
63 % Say it's walkable to grocery stores
63 % Say there are sidewalks
60 % Say there's holiday spirit
57 % Say it's walkable to restaurants
52 % Say it's dog friendly
47 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
43 % Say there's wildlife
43 % Say streets are well-lit
38 % Say people would walk alone at night
33 % Say there are community events
30 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
Market trends in Biloxi
Last updated August 2026
Avg. sale price
$284K
$12.58KMoM
Sale-to-List Price
98.0%
Price per sq ft
$151
$0MoM
Available listings
395
10MoM
Home Value
Trulia Estimate
$656KSince last month
Decreased$45K (-6.4%)Since last year
Increased$473K (+259.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +775% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $656K |
| August 2026 | $644K |
| July 2026 | $700K |
| January 2026 | $698K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | - | 04/30/26 | 3 | 3 | 1,700 | |
0.72 | Multi-Family Home | - | 02/06/26 | 3 | 3 | 1,412 | |
1.11 | Multi-Family Home | - | 05/04/26 | 2 | 2 | 1,596 | |
1.34 | Multi-Family Home | - | 10/31/25 | 4 | 3 | 2,048 | |
1.01 | Multi-Family Home | - | 09/15/25 | 2 | 1 | 1,009 | |
1.49 | Multi-Family Home | - | 10/17/25 | 2 | 2 | 850 | |
1.54 | Multi-Family Home | - | 03/31/26 | 2 | 2 | 1,517 | |
0.41 | Multi-Family Home | - | 05/06/26 | - | - | ||
3.05 | Multi-Family Home | - | 04/13/26 | 3 | 2 | 1,695 | |
3.21 | Multi-Family Home | - | 08/31/26 | 3 | 2 | 2,330 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $338,600 | 2 | 2 | 1,729 | Off Market | |
0.05 | $499,000 | 3 | 2 | 1,000 | For Sale | |
0.07 | $926,700 | 4 | 3.5 | 2,624 | Off Market | |
0.07 | $997,600 | 4 | 3 | 2,100 | Off Market | |
0.07 | $379,000 | 3 | 2 | 1,916 | For Sale | |
0.06 | - | 2 | 2 | 1,400 | Recently Sold | |
0.09 | - | 2 | 2 | 1,175 | Recently Sold | |
0.11 | - | 2 | 2 | 1,089 | Recently Sold | |
0.11 | $400,000 | 3 | 3 | 1,327 | For Sale | |
0.11 | $333,000 | 2 | 2 | 1,089 | Off Market | |
0.13 | $307,400 | 2 | 2 | 1,089 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 22, 2026 Source: MLS United #4154855 | PriceChange | $690,000 Price decreased by 8% |
Jul 4, 2026 Source: MLS United #4154855 | Listed For Sale | $750,000 |
Apr 27, 2026 Source: MLS United #4134438 | ListingRemoved | $750,000 |
Dec 22, 2025 Source: MLS United #4134438 | Listed For Sale | $750,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,253 | $134,388 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shane C Kowalski, Saltwater Realty, (228) 344-5553
Agent Phone: (228) 216-1517
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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Frequently asked questions about 128 Lee St
- What is the estimated monthly payment for 128 Lee St?Based on a $690,000 list price with 20% down at today's rates, the estimated monthly payment for 128 Lee St in Biloxi, MS is approximately $4,216 (about $3,727 principal & interest, $414 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 128 Lee St compare to homes in Biloxi?128 Lee St in Biloxi, MS is listed at $690,000, about 143% above the $284K median sale price in Biloxi.
- What do residents say about the East Biloxi neighborhood?Residents describe the East Biloxi neighborhood in Biloxi, MS as easy to park in, well-kept, and walkable to grocery stores. See homes for sale in East Biloxi, Biloxi.
- What are the closest schools to 128 Lee St?The closest schools to 128 Lee St in Biloxi, MS are Biloxi High School (rated 9/10), Biloxi Junior High School (rated 8/10), Gorenflo Elementary School (rated 7/10).
- Does 128 Lee St have air conditioning?Yes, 128 Lee St in Biloxi, MS has air conditioning.
- Does 128 Lee St have a pool?Yes, 128 Lee St in Biloxi, MS has a pool.
128 Lee St, Biloxi, MS 39530 is a 3 bedroom, 4 bathroom, 1,723 sqft multi-family built in 1987. 128 Lee St is located in East Biloxi, Biloxi. This property is currently available for sale and was listed by MLS United on Jul 4, 2026. The MLS # for this home is MLS# 4154855.