1239 37th Avenue, Gulfport, MS 39501
MULTI_FAMILY - Gulfport, MS
- Added:
- Jun 8, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 11 at 2:06 am
Property Features for 1239 37th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 0711i-01-090.000
- Size
- 1,440 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 1 BLK 17 HUNGERFORD ADD
- Tax Annual Amount
- 1053
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing agent Nicole S Sanchez License #B24326 (228) 243-1222
Listing office Keller Williams 1710 E Pass Rd., Suite A, Gulfport, MS (228) 275-7500
Listing date Jun 8, 2026
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.
HighLights
- Three‑income‑unit setup with current monthly rents: Unit A $595, Unit B $895, Unit C $1,195
- All units include utilities as part of the lease
- Public water service and public sewer
- Roof type: shingle
- Flooring: vinyl
- Year built: 1930
Overview
The property is located at 1239 37th Avenue in Gulfport, Mississippi 39501, in Harrison County.
For investors or owner-operators seeking a smaller, multi-unit rental setup, the layout offers a mix of unit pricing tiers while keeping tenant costs simpler through utility-inclusive leases. With three separate units under one roof, the property can support a diversified tenant mix within a single purchase, and the provided rent figures outline the current income structure at the time of sale.
Local 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 | $14.0k | $9.72 |
| − Vacancy | −$1.0k | −$0.73 |
| EGI | $12.9k | $8.99 |
| − OpEx | −$3.9k | −$2.70 |
| NOI | $9.1k | $6.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.1067
- Latitude
- 30.367176
