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Duplex with Upper-Level Balcony
For Sale
$199,900

12206 Prudie Street, Gulfport, MS 39503

Residential Income, Gulfport, MS

Property Size2,095 SF
Lot Size0.14 Acres
Price / SF$95.42
Days on Market154

Property Features for 12206 Prudie Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family & Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking 2
Parking features Driveway
Window features Window Treatments, Double Pane Windows, Aluminum Frames
Patio and Porch features Porch
Pets allowed Dogs OK, Cats OK
Exterior features Balcony
Appliances Range, Disposal, Microwave, Refrigerator, Dishwasher, Free-Standing Electric Range
Subdivision Meadows Of Glfpt
Lot features Corner Lot, Level, Cleared, City Lot, Corner Lot, Level, Cleared, City Lot
Standard status Active
APN 0908e-02-004.085
Size 2,095 SF
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 85 MEADOWS OF GULFPORT PH 1 THE SEC 2-7-11
Tax Annual Amount 206
HOA Fee $76 Monthly
Legal Description LOT 85 MEADOWS OF GULFPORT PH 1 THE SEC 2-7-11

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 2010
Floors in Building 2
Number of units 2
Flooring type Vinyl, Carpet
Roof type Shingle
Listing Agency: Coldwell Banker Smith Home Rltrs-Gautier · Coldwell Banker Real Estate
Listed By: Twila A Peterson · License #B15078
Added: May 26 Changed: Oct 24 Last Checked: Oct 26 at 8:06AM
MLS# 4150617

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.

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Investment Insights

Based on property information with market context.

This 2,095-square-foot duplex contains two residences, each arranged with three bedrooms and two bathrooms. The upper unit includes a balcony. Interior updates include paint, flooring, appliances, and HVAC work; the supplied appliances include a range, microwave, dishwasher, and refrigerator. Each residence also has stackable washer and dryer hookups.

Built in 2010, the property sits on a 0.14-acre lot in Gulfport. Both units are currently leased. Public water and sewer serve the property, and driveway parking is provided.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2,095 square feet on a 0.14‑acre lot
  • Built in 2010

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,185
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,700 $263.7K
Cap Rate 7%
$188,357 $188.4K
Cap Rate 9%
$146,500 $146.5K
Market Conditions
NOI Build-Up for 2,095 SF
Gross rent
$20.4K $9.72/SF
− Vacancy
−$1.5K −$0.73/SF
EGI
$18.8K $8.99/SF
− OpEx
−$5.7K −$2.70/SF
NOI
$13.2K $6.29/SF
Area
Harrison County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,700
Cap Rate 7%
$188,357
Cap Rate 9%
$146,500

Alternative Uses

Best Use
Multifamily LT 5
$188.4K
$164.8K – $219.8K (±1% cap)
NOI $13,185 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$167.4K
$146.5K – $195.3K (±1% cap)
NOI $11,716 @ 7.0% cap · market cap 5.86%
Theoretical Best
Healthcare Medical
$337.5K
$295.3K – $393.8K (±1% cap)
NOI $23,625 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 39503, MS

53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, and each has a three-bedroom, two-bath layout with in-unit laundry hookups.
Where is this duplex located?
The property is located at 12206 Prudie Street Gulfport, MS.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,095 square feet on a 0.14‑acre lot; Built in 2010
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