14915 Masterson Avenue, Vancleave, MS 39565
MULTI_FAMILY - Vancleave, MS
- Added:
- Mar 23, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 14915 Masterson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 6
- Standard status
- Active
- APN
- 0-59-81-140.058
- Size
- 2,100 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 15 BLK 10 MCCLELLAN S/D DB 1597-146 (352 MAP697.35)
- Tax Annual Amount
- 2275
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2008
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Roof type
- Metal
Listing agent Justin Britt License #S52358 (601) 382-2201
Listing office Epique 520 E Pass Rd Ste L, Hattiesburg, MS (888) 893-3537
Listing date Mar 23, 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
- Duplex built in 2008, with metal roof and tile/vinyl flooring.
- Each unit features 3 bedrooms and 2 baths.
- Utilities include public water and public sewer.
- Sold as part of an 11‑duplex bundle; duplexes can be purchased individually or as a bundle (MLS #s listed).
- Duplex is currently vacant and under renovation; renovations will be fully completed this summer.
Overview
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 | $22.4k | $10.68 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $20.8k | $9.90 |
| − OpEx | −$6.2k | −$2.97 |
| NOI | $14.6k | $6.93 |
Alternative Uses
Current Use by Public Records
Map
- City
- Vancleave
- County
- Jackson
- State
- Mississippi
- Longitude
- -88.859724
- Latitude
- 30.482264
