Half of 3BR/2BA
2015 32nd Avenue Gulfport, MS 39501
2015 32nd Avenue, Gulfport, MS, 39501
$81,000
For Sale
$81,000
DUPLEX - Gulfport, MS
Property Size1,073 SF
Lot Size0.09 Acres
Price / SF$75.49
Days on Market247
Property Features for 2015 32nd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 0811e-04-051.003
- Size
- 1,073 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 5 BLK 93 ORIGINAL GULFPORT SEC 4-8-11
- Tax Annual Amount
- 1080
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Roof type
- Shingle
Listing Agency
RE/MAX Choice Properties
(228) 896-3033
520 E Pass Rd., Suite N, Gulfport, MS
Listed by
Terry C Medley · License #B21384
(228) 229-6954
Added: Nov 11, 2025 Checked: Jul 16 at 9:06 pm
MLS# 4131249
Listing URL
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 offering is the half of a 3BR/2BA duplex with 1,073 square feet. The roof is described as newer, but the home needs TLC.
The property is part of a larger 28-home package. The listing notes that the other half of the duplex, located at 2013 32nd Ave, is also available at the same price, and both halves are available together.
For a buyer looking for residential income exposure, this unit presents a straightforward duplex component with a maintained roof element while leaving interior improvements needed to bring it up to condition.
The property is part of a larger 28-home package. The listing notes that the other half of the duplex, located at 2013 32nd Ave, is also available at the same price, and both halves are available together.
For a buyer looking for residential income exposure, this unit presents a straightforward duplex component with a maintained roof element while leaving interior improvements needed to bring it up to condition.
Key Highlights
- Half of a 3/2 duplex with 1,073 SF
- Year built 2006
- Public water and public sewer
Local Financial Insights For Apartment 5plus
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 | $11.8k | $11.04 |
| − Vacancy | −$936 | −$0.87 |
| EGI | $10.9k | $10.17 |
| − OpEx | −$4.9k | −$4.58 |
| NOI | $6.0k | $5.59 |
1,073 SF · lease $11.04/SF/yr · vacancy 7.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$85.7K
$75.0K – $100.0K
NOI $6,001 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$172.9K
$151.3K – $201.7K
NOI $12,100 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Half of a 3BR/2BA duplex with a newer roof, requiring TLC for completion, within a larger 28-home package.
Where is this residential income property located?
The property is located at 2015 32nd Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $81,000.
What are key features of this property?
This property features: Half of a 3/2 duplex with 1,073 SF; Year built 2006; Public water and public sewer
