Residential Income Duplex with
1000 27th Street Gulfport, MS 39501
For Sale
$279,000
MULTI_FAMILY - Gulfport, MS
Property Size1,793 SF
Lot Size0.15 Acres
Price / SF$155.61
Days on Market54
Property Features for 1000 27th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
- Window features
- Window Treatments, Double Pane Windows
- Patio and Porch features
- Patio, Porch
- Appliances
- Range
- Standard status
- Active
- APN
- 0811a-01-014.000
- Size
- 1,793 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 5 BLK 2 BROADACRES
- Tax Annual Amount
- 1518
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Wood, Tile - Ceramic
- Roof type
- Shingle
Listing Agency:
Keller Williams
(228) 275-7500
Listed By:
Nancy Stone · License #B22400
(228) 216-2333
Added: Jun 2
Changed: Jul 24
Last Checked: Jul 25 at 4:06AM
MLS# 4151377
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex-style residence includes an attached mother-in-law suite that can function as guest quarters or a private apartment. Updates noted throughout include custom cabinetry, quartzite countertops, new windows, and a new roof. The home also offers an outdoor living and entertaining area shaded by oak trees, positioned on a corner lot.
Located in Gulfport, Mississippi near the beach, the property is described as a short walk or bike ride from the shoreline. The seller is willing to sell most of the furniture, which may help reduce move-in or setup time for the next occupant.
With its flexible suite configuration and recent exterior and interior improvements, the property is well suited for buyers seeking a home with built-in separate living space.
Located in Gulfport, Mississippi near the beach, the property is described as a short walk or bike ride from the shoreline. The seller is willing to sell most of the furniture, which may help reduce move-in or setup time for the next occupant.
With its flexible suite configuration and recent exterior and interior improvements, the property is well suited for buyers seeking a home with built-in separate living space.
Key Highlights
- 1950‑built bungalow with 4 bedrooms and 2 bathrooms
- Attached mother‑in‑law suite that can serve as an apartment, guest quarters, or vacation rental
- Updates include custom cabinetry and quartzite countertops
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.4k | $9.72 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $16.1k | $8.99 |
| − OpEx | −$4.8k | −$2.70 |
| NOI | $11.3k | $6.29 |
1,793 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$161.2K
$141.1K – $188.1K
NOI $11,285 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$143.2K
$125.3K – $167.1K
NOI $10,027 @ 7.0% cap · market cap 3.59%
Theoretical Best
Healthcare Medical
$288.9K
$252.8K – $337.0K
NOI $20,220 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex-style home with an attached suite, updated windows and roof, and a corner lot with oak-shaded outdoor space.
Where is this duplex located?
The property is located at 1000 27th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1950‑built bungalow with 4 bedrooms and 2 bathrooms; Attached mother‑in‑law suite that can serve as an apartment, guest quarters, or vacation rental; Updates include custom cabinetry and quartzite countertops
