12394 Salisbury Road, Gulfport, MS 39503
MULTI_FAMILY - Gulfport, MS
- Added:
- Jun 29, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 6 at 2:06 am
Property Features for 12394 Salisbury Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2
- Window features
- Aluminum Frames
- Patio and Porch features
- Porch
- Appliances
- Range
- Standard status
- Active
- APN
- 0708b-02-006.001
- Size
- 1,774 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG AT NE COR OF LOT 14 SPRING VALLEY SUBD SLY ALONG LOT 125 FT TO N MAR OF SALISBURY RD WLY ALONG RD 90 FT N 100 FT E 25 FT N 25 FT TO N LINE OF LOT 14 ELY ALONG LOT 65 FT TO POB BEING PART OF LOTS 13 & 14 SPRING VALLEY SUBD SEC 5-7-11
- Tax Annual Amount
- 879
Utilities
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Combination, Hardwood, Parquet Wood, Brick
- Roof type
- Shingle
Listing agent Nathan Houston License #S60829 (601) 408-0068
Listing office Expect Realty 3073 Big Ridge Road, DIberville, MS (228) 215-1861
Listing date Jun 29, 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 1‑bedroom, 1‑bath rental units across two buildings on two separate parcels at 12392 & 12394 Salisbury Road (Gulfport).
- Multiple outdoor features: one unit has a private fenced courtyard and another offers a screened front porch.
- Covered parking included for 2 units, each with two‑car covered parking.
- Built in 1986 with shingle roof and public water service.
- Property is described as not requiring flood insurance.
Overview
The address is 12394 Salisbury Road in Gulfport, within Harrison County, Mississippi. The listing notes a peaceful setting while still being minutes from Highway 49 and nearby shopping, dining, and entertainment options.
For buyers seeking a residential income property, this layout supports an operator who prefers to manage multiple small units within one overall asset. The listing states the property is currently generating rental income and is priced to allow a new owner to make improvements. The remarks also note that no flood insurance is required. Overall, the property presents a value-add opportunity centered on upgrading and maintaining three income units in a convenient Gulfport location.
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 | $17.2k | $9.72 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $16.0k | $8.99 |
| − OpEx | −$4.8k | −$2.70 |
| NOI | $11.2k | $6.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.115456
- Latitude
- 30.467459
