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    Vancleave Duplex Under Renovation Title is generated by Realmo AI

    9608 Theriot Avenue, Vancleave, MS 39565

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    For Sale
    $260,000

    MULTI_FAMILY - Vancleave, MS

    Property size:
    2,100 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $123/SF
    Added:
    Mar 23, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 9608 Theriot Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2
    Standard status
    Active
    APN
    0-72-90-056.050
    Size
    2,100 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 11 BLOCK 3 VIRGINIA CITY S/D PB 5-28 DB 1625-728 (178 MAP697.35)
    Tax Annual Amount
    2343

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2005
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Roof type
    Metal

    We can help!

    Contact an agent
    Justin Britt
    Justin Britt

    Listing agent Justin Britt License #S52358

    Listing office Epique 520 E Pass Rd Ste L, Hattiesburg, MS

    Listing date Mar 23, 2026

    MLS# 4143644 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.

    HighLights

    • Duplex built in 2005, with vinyl and tile flooring
    • Metal roof and public water and public sewer service
    • Each unit features 3 bedrooms and 2 bathrooms
    • Duplex is part of an 11‑duplex bundle; other units listed as MLS 4143635‑4143643 and MLS 4143634
    • Each duplex is currently under renovation and is expected to be fully completed this summer
    • Duplex is currently vacant and is being prepared for leasing after renovations

    Overview

    This duplex is part of an 11-duplex bundle, but can be purchased individually or in partial bundles. Located in Vancleave, MS, the property is currently under renovation and is expected to be fully completed this summer. Each unit features 3 bedrooms and 2 bathrooms. The property manager is working to lease the units upon completion of the renovations. The duplex is situated north of the interstate, outside of flood zones, in a growing area of Jackson County. The lot size is 0.5 acres and the property size is 2100 square feet. This presents an opportunity to build a portfolio in a developing location.

    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
    2,100 SF · lease $10.68/SF/yr · vacancy 7.31% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $207.9K
    $181.9K – $242.5K (±1% cap)
    NOI $14,552 @ 7.0% cap · market cap 5.60%
    Second Best
    Apartment 5plus
    $180.9K
    $158.3K – $211.1K (±1% cap)
    NOI $12,665 @ 7.0% cap · market cap 4.87%
    Theoretical Best
    Office A
    $573.7K
    $502.0K – $669.3K (±1% cap)
    NOI $40,159 @ 7.0% cap · market cap 15.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Hair Salon Nail Salon Pharmacy Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Department Store Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Vancleave
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.857319
    Latitude
    30.481037

    FAQs

    What type of property is this?
    Duplex - Duplex in growing area, renovated, 3 bed, 2 bath units.
    Where is this duplex located?
    The property is located at 9608 Theriot Avenue Vancleave, MS.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: Duplex built in 2005, with vinyl and tile flooring; Metal roof and public water and public sewer service; Each unit features 3 bedrooms and 2 bathrooms
    More about this property
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