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Three-Unit Income Property with Garages

444 Klondyke Road Long Beach, MS 39560

444 Klondyke Road, Long Beach, MS, 39560
$269,900
For Sale
$269,900

MULTI_FAMILY - Long Beach, MS

Property Size2,010 SF
Lot Size0.59 Acres
Price / SF$134.28
Days on Market55

Property Features for 444 Klondyke Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 3, Bedroom 5
Patio and Porch features
Patio
Pets allowed
Cats OK, Breed Restrictions, Dogs OK
Appliances
Range
Standard status
Active
APN
0611o-04-002.000
Size
2,010 SF
Lot size
0.59 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BEG 2297.5 FT N & 20 FT E OF SW COR OF SEC 12 ON E MAR OF KLONDYKE RD N 81 DG E 131.2 FT N 20 DG W 70 FT N 81 DG E 125 FT N 20 DG W 66 FT W 207.7 FT TO KLONDYKE RD S ALONG RD 167 FT TO POB PART OF NW1/4 OF SW 1/4 SEC 12-8-12
Tax Annual Amount
2764

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
3
Flooring type
Slate, Wood, Brick
Roof type
Shingle
Listing agency Coldwell Banker Alfonso Realty-Lorraine Rd
Listed by Philip J Leblanc · License #S30047
Added: May 29 Updated: Jul 10 at 8:55AM Checked: Jul 22 at 3:06PM
MLS# 4151040

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 turnkey three-unit income property is fully occupied and designed for tenant convenience. The front home (Unit A) offers 3 bedrooms and 2 bathrooms, with hardwood, tile, and brick floors, granite countertops, stainless steel appliances, a two-car garage, and a private fenced yard. The rear of the property includes two 2-bedroom, 1-bath apartments, each with its own private garage and a separate driveway.

The property is equipped with newer HVAC systems throughout. The offering includes Lot Size of 0.59 acres and Property Size of 2,010 square feet.

Public remarks state the property is not located in a flood zone. It is described as being near the Gulf of Mexico beaches and within a short drive to the Pass Road gate of the Navy Seabee Base, with access to Highway 90 and Interstate 10.

Buyer to verify all information, including but not limited to lease terms, rental amounts, square footage, flood zone status, and school assignments.

Key Highlights

  • 3‑unit income property with all three units currently leased and generating $2,895 gross monthly income (8.45% cap rate at list price)
  • Unit A: 3‑bedroom, 2‑bath home with hardwood, tile, and brick floors; granite countertops; stainless steel appliances; 2‑car garage; private fenced yard
  • Rear units: two 2‑bedroom, 1‑bath apartments with private garages and a separate driveway/entrance setup for tenants

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 $19.5k $9.72
− Vacancy −$1.5k −$0.73
EGI $18.1k $8.99
− OpEx −$5.4k −$2.70
NOI $12.7k $6.29
2,010 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$180.7K
$158.1K – $210.8K (±1% cap)
NOI $12,650 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$160.6K
$140.5K – $187.4K (±1% cap)
NOI $11,241 @ 7.0% cap · market cap 4.16%
Theoretical Best
Healthcare Medical
$323.8K
$283.3K – $377.8K (±1% cap)
NOI $22,667 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Auto Parts Store Electrical Service Auto Repair Shop Storage Facility Hair Salon Furniture & Home Goods Big Box & Wholesale Store HVAC Service Spa & Massage Center Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Turnkey, fully leased three-unit income property with one main residence and two rear apartments, each with private parking.
Where is this triplex located?
The property is located at 444 Klondyke Road Long Beach, MS.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 3‑unit income property with all three units currently leased and generating $2,895 gross monthly income (8.45% cap rate at list price); Unit A: 3‑bedroom, 2‑bath home with hardwood, tile, and brick floors; granite countertops; stainless steel appliances; 2‑car garage; private fenced yard; Rear units: two 2‑bedroom, 1‑bath apartments with private garages and a separate driveway/entrance setup for tenants
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