Search
11-Unit Apartment Portfolio
New
For Sale
$599,000

1114 43rd Avenue, Gulfport, MS 39501

Separate utility metering supports straightforward operating arrangements across the apartment portfolio.

Property Size29,620 SF
Days on Market7

Property Features for 1114 43rd Avenue

General Information

Standard status Active
Size 29,620 SF
Property subtype Multifamily

Additional Details

Multifamily Units 11

Building Details

Building Size 29,620 SF
Year Built 1965
Buildings 3
Stories 1
Listing Agency: Coldwell Banker Commercial Alfonso Realty, Inc. Gulfport
Listed By: Sam Ford · License #B4936
Source: Cbcworldwide
Added: Aug 16 Changed: Aug 21 Last Checked: Aug 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 Coldwell Banker Commercial Alfonso Realty, Inc. Gulfport

Investment Insights

Based on property information with market context.

This apartment portfolio consists of 11 units across one 7-plex and two duplexes, with all properties located on the same street. Each building is separately metered, and residents are responsible for water, sewer, and electric service. The properties were built in 1965.

The portfolio is positioned near Memorial Hospital and the medical activity around Broad Avenue and 15th Street. Gulfport’s CBD, Island View and Beach View Casinos, and area beaches are each within 3 miles. The properties are identified as outside a flood zone.

Key Highlights

  • 11‑unit portfolio comprising a 7‑plex and 2 duplexes
  • All three properties are separately metered
  • Tenants pay water, sewer, and electric service

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Gym & Fitness Center Spa & Massage Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

981
Businesses Nearby

Demographics for 39501, MS

22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Separate utility metering supports straightforward operating arrangements across the apartment portfolio.
Where is this apartment building located?
The property is located at 1114 43rd Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 11‑unit portfolio comprising a 7‑plex and 2 duplexes; All three properties are separately metered; Tenants pay water, sewer, and electric service
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message