Duplex with Elevator
For Sale
$374,900
1457 Georgia Place, Gulfport, MS 39507
Residential, Gulfport, MS
Property Size2,267 SF
Lot Size0.22 Acres
Price / SF$165.37
Days on Market49
Property Features for 1457 Georgia Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
General Residential
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Parking
4
Security features
Security System
Window features
Double Pane Windows, Shutters, Window Treatments, Insulated Windows, Storm Window(s), Blinds
Patio and Porch features
Porch
Accessibility
Accessible Elevator Installed
Subdivision
Georgia Place
Lot features
Cul-De-Sac, Views, Sprinklers In Front, Near Beach, Cul-De-Sac, Views, Sprinklers In Front, Near Beach
Elementary school
Anniston Ave
Middle school
Bayou View Jh
High school
Gulfport
Elementary school district
Gulfport Dist
Middle school district
Gulfport Dist
High school district
Gulfport Dist
Standard status
Active
APN
1010n-04-019.003
Size
2,267 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 4 GEORGIA PLACE SUBD
Tax Annual Amount
938
Legal Description
LOT 4 GEORGIA PLACE SUBD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Water front features
Beach Access
Amenities
hurricane shutters
on-demand water heater
Rain Bird irrigation system
double garage
storage building
Building Details
Year built
2007
Floors in Building
2
Flooring type
Tile - Ceramic, Vinyl
Roof type
Shingle
Listing Agency:
Coldwell Banker Smith Home Rltrs-Gautier · Coldwell Banker Real Estate
(228) 497-1800
Listed By:
Betty Cobb · License #B12937
(228) 990-7436
Added: Aug 20
Changed: Sep 26
Last Checked: Oct 7 at 10:06AM
MLS# 4160034
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 Gulfport duplex contains 2,267 square feet on a 0.22-acre lot and was built in 2007. The upper residence includes 3 bedrooms and 2 bathrooms, while the lower 1-bedroom, 1-bath apartment has a full kitchen, washer and dryer, and separate entry. An installed elevator connects the levels.
Construction uses insulated concrete forms, with hurricane shutters, a shingle roof, an on-demand water heater, Rain Bird irrigation, a double garage, and a storage building. Tile and vinyl flooring are installed throughout the residence. The property also includes a porch, public water, public sewer, cable availability, and Flood Zone X designation. Beach access is located one block from 1457 Georgia Place in Gulfport.
Construction uses insulated concrete forms, with hurricane shutters, a shingle roof, an on-demand water heater, Rain Bird irrigation, a double garage, and a storage building. Tile and vinyl flooring are installed throughout the residence. The property also includes a porch, public water, public sewer, cable availability, and Flood Zone X designation. Beach access is located one block from 1457 Georgia Place in Gulfport.
Key Highlights
- 2,267‑square‑foot duplex on a 0.22‑acre lot
- Upper residence offers 3 bedrooms and 2 bathrooms
- Lower apartment includes 1 bedroom, 1 bathroom, full kitchen, laundry, and private entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,268
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,360
$285.4K
Cap Rate 7%
$203,829
$203.8K
Cap Rate 9%
$158,533
$158.5K
Market Conditions
NOI Build-Up for 2,267 SF
Gross rent
$22.0K $9.72/SF
− Vacancy
−$1.7K −$0.73/SF
EGI
$20.4K $8.99/SF
− OpEx
−$6.1K −$2.70/SF
NOI
$14.3K $6.29/SF
Area
Harrison County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,360
Cap Rate 7%
$203,829
Cap Rate 9%
$158,533
Alternative Uses
Best Use
Multifamily LT 5
$203.8K
$178.4K – $237.8K
NOI $14,268 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$181.1K
$158.5K – $211.3K
NOI $12,678 @ 7.0% cap · market cap 3.38%
Theoretical Best
Healthcare Medical
$365.2K
$319.6K – $426.1K
NOI $25,565 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 39507, MS
17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences provide flexible living arrangements, including a private-entry apartment with a full kitchen.
Where is this duplex located?
The property is located at 1457 Georgia Place Gulfport, MS.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 2,267‑square‑foot duplex on a 0.22‑acre lot; Upper residence offers 3 bedrooms and 2 bathrooms; Lower apartment includes 1 bedroom, 1 bathroom, full kitchen, laundry, and private entry
