Long Beach Duplex Investment
20017 Sunshine Drive Long Beach, MS 39560
20017 Sunshine Drive, Long Beach, MS, 39560
$210,000
For Sale
$210,000
MULTI_FAMILY - Long Beach, MS
Property Size2,000 SF
Lot Size0.24 Acres
Price / SF$105
Days on Market161
Property Features for 20017 Sunshine Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5
- Standard status
- Active
- APN
- 0511h-03-016.008
- Size
- 2,000 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 9 AZALEA PARK SUBD
- Tax Annual Amount
- 1653
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1991
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agency
Ellis Realty
(228) 343-3665
Listed by
Laken Scarborough · License #S54848
(228) 669-5485
Added: Feb 11 Updated: Jul 10 at 8:50AM Checked: Jul 22 at 8:06AM
MLS# 4139182
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.
Located in Long Beach, Mississippi, the property at 20017 Sunshine Drive presents an investment opportunity. This well-maintained duplex contains two living units. Each unit features a functional layout. The property includes a total of 6 bedrooms and 2 bathrooms. The location provides access to local schools, parks, shopping, dining, and Gulf Coast beaches. The lot size is 0.24 acres, and the property size is 2000 square feet.
Key Highlights
- Duplex built in 1991 with 2 units under one roof
- Total of 6 bedrooms and 2 bathrooms across the duplex
- Public water source and public sewer connection
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 | $19.4k | $9.72 |
| − Vacancy | −$1.5k | −$0.73 |
| EGI | $18.0k | $8.99 |
| − OpEx | −$5.4k | −$2.70 |
| NOI | $12.6k | $6.29 |
2,000 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$159.8K
$139.8K – $186.4K
NOI $11,185 @ 7.0% cap · market cap 5.33%
Theoretical Best
Healthcare Medical
$322.2K
$281.9K – $375.9K
NOI $22,554 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained Long Beach duplex with strong rental income potential.
Where is this duplex located?
The property is located at 20017 Sunshine Drive Long Beach, MS.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex built in 1991 with 2 units under one roof; Total of 6 bedrooms and 2 bathrooms across the duplex; Public water source and public sewer connection
