Remodeled Duplex with Two
1102 28th Street Unit A B Gulfport, MS 39501
1102 28th Street Unit A B, Gulfport, MS, 39501
$199,000
For Sale
$199,000
Remodeled duplex with two tenant-occupied units, updated in 2022, offering separate rentals in Gulfport.
Property Size1,693 SF
Price / SF$117.54
Days on Market163
Property Features for 1102 28th Street Unit A B
General Information
- Standard status
- Active
- Size
- 1,693 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1940
Listing agency
Stars and Stripes Realty, LLC.
(228) 669-3300
Listed by
Jaden Jeter · License #S57299
(228) 669-3300
Source
Compass
Added: Feb 8 Updated: Jul 21 at 4:11AM Checked: Jul 21 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stars and Stripes Realty, LLC.
Investment Insights
Based on property information with market context.
1102 28th Street presents a remodeled duplex with Units A and B. The property was updated by the previous owners in 2022 and is currently set up as two separate rental units, both tenant occupied. Unit A is leased through November 2026, and Unit B is currently on a month-to-month arrangement.
The duplex is located next door to Central Elementary. It is listed as less than a mile from the beach, about 1.4 miles from Highway 49, and under 6 miles to I-10.
For an owner, the duplex offers two independently rented sides within a refreshed 2022 renovation. The remarks indicate it may suit either long-term or short-term use, but the buyer is responsible for verifying local rules and permitting.
The duplex is located next door to Central Elementary. It is listed as less than a mile from the beach, about 1.4 miles from Highway 49, and under 6 miles to I-10.
For an owner, the duplex offers two independently rented sides within a refreshed 2022 renovation. The remarks indicate it may suit either long-term or short-term use, but the buyer is responsible for verifying local rules and permitting.
Key Highlights
- Remodeled duplex in Gulfport, MS with Units A and B, both currently tenant occupied
- 2022 updates by previous owners; 4 total bedrooms and 2 full bathrooms across the duplex
- Both units rented at $1,300/month; Unit A leased through November 2026 and Unit B month to month
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 | $16.5k | $9.72 |
| − Vacancy | −$1.2k | −$0.73 |
| EGI | $15.2k | $8.99 |
| − OpEx | −$4.6k | −$2.70 |
| NOI | $10.7k | $6.29 |
1,693 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$152.2K
$133.2K – $177.6K
NOI $10,655 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$135.3K
$118.4K – $157.8K
NOI $9,468 @ 7.0% cap · market cap 4.76%
Theoretical Best
Healthcare Medical
$272.7K
$238.7K – $318.2K
NOI $19,092 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Remodeled duplex with two tenant-occupied units, updated in 2022, offering separate rentals in Gulfport.
Where is this duplex located?
The property is located at 1102 28th Street Unit A B Gulfport, MS.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Remodeled duplex in Gulfport, MS with Units A and B, both currently tenant occupied; 2022 updates by previous owners; 4 total bedrooms and 2 full bathrooms across the duplex; Both units rented at $1,300/month; Unit A leased through November 2026 and Unit B month to month
