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Residential Income Duplex with Suite

1000 27th Street Gulfport, MS 39501

1000 27th Street, Gulfport, MS, 39501
$279,000
For Sale
$279,000

MULTI_FAMILY - Gulfport, MS

Property Size1,793 SF
Lot Size0.15 Acres
Price / SF$155.61
Days on Market48

Property Features for 1000 27th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
Window features
Double Pane Windows, Window Treatments
Patio and Porch features
Porch, Patio
Appliances
Range
Standard status
Active
APN
0811a-01-014.000
Size
1,793 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 5 BLK 2 BROADACRES
Tax Annual Amount
1518

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Wood, Carpet
Roof type
Shingle
Listing Agency Keller Williams
1710 E Pass Rd., Suite A, Gulfport, MS
Listed by Nancy Stone · License #B22400
Added: Jun 2 Checked: Jul 19 at 2:06 am
MLS# 4151377 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 duplex-style residence includes an attached mother-in-law suite that can function as guest quarters or a private apartment. Updates noted throughout include custom cabinetry, quartzite countertops, new windows, and a new roof. The home also offers an outdoor living and entertaining area shaded by oak trees, positioned on a corner lot.

Located in Gulfport, Mississippi near the beach, the property is described as a short walk or bike ride from the shoreline. The seller is willing to sell most of the furniture, which may help reduce move-in or setup time for the next occupant.

With its flexible suite configuration and recent exterior and interior improvements, the property is well suited for buyers seeking a home with built-in separate living space.

Key Highlights

  • 1950‑built bungalow with 4 bedrooms and 2 bathrooms
  • Attached mother‑in‑law suite that can serve as an apartment, guest quarters, or vacation rental
  • Updates include custom cabinetry and quartzite countertops

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 $17.4k $9.72
− Vacancy −$1.3k −$0.73
EGI $16.1k $8.99
− OpEx −$4.8k −$2.70
NOI $11.3k $6.29
1,793 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$161.2K
$141.1K – $188.1K (±1% cap)
NOI $11,285 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$143.2K
$125.3K – $167.1K (±1% cap)
NOI $10,027 @ 7.0% cap · market cap 3.59%
Theoretical Best
Healthcare Medical
$288.9K
$252.8K – $337.0K (±1% cap)
NOI $20,220 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Daycare Center Bakery Spa & Massage Center Cafe & Coffee Shop Electrical Service Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex-style home with an attached suite, updated windows and roof, and a corner lot with oak-shaded outdoor space.
Where is this duplex located?
The property is located at 1000 27th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1950‑built bungalow with 4 bedrooms and 2 bathrooms; Attached mother‑in‑law suite that can serve as an apartment, guest quarters, or vacation rental; Updates include custom cabinetry and quartzite countertops
Contact an agent
More about this property
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