1226 43rd Avenue Gulfport, MS 39501
MULTI_FAMILY - Gulfport, MS
- Added:
- Jul 9, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 13 at 8:06 am
Property Features for 1226 43rd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 12
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 11, Bedroom 8, Bathroom 1, Bedroom 7, Bathroom 7, Bedroom 12, Bathroom 12, Bathroom 2, Bathroom 9, Bedroom 9, Bathroom 10, Bedroom 3, Bedroom 15, Bathroom 5, Bedroom 1, Bathroom 8, Bedroom 14, Bedroom 13, Bedroom 10, Bedroom 6, Bedroom 16, Bathroom 6, Bathroom 4, Bathroom 11, Bathroom 3, Bedroom 5
- Pets allowed
- Cats OK, Dogs OK
- Standard status
- Active
- APN
- 0711j-01-017.000
- Size
- 8,034 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 3 Different parcels included in sale. See documents for all legal descriptions.
- Tax Annual Amount
- 4723
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 12
- Flooring type
- Tile - Ceramic
- Roof type
- Shingle
Listing agent Sam Ford License #B4936 (228) 424-8202
Listing office Coldwell Banker Alfonso Realty-Lorraine Rd 9153 Lorraine Rd, Gulfport, MS (228) 287-1000
Listing date Jul 9, 2026
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.
The owner states the property is not located in a flood zone. The asset is in west Gulfport near Memorial Hospital and is described as being near Broad Avenue and 15th Street, an area primarily associated with medical uses and new clinics. Island View and Beach View Casinos and the Gulfport CBD, along with beaches, are described as within 3 miles.
Sale is preferred as a complete package of the 12 units together.
Key Highlights
- 12‑property bundle on the same street: a 7‑plex, 2 duplexes, and one house (owner prefers selling all together).
- Current rent of $6,640 with potential to $9,070 when fully rented (independently verified info needed).
- Year built 1965.
Local Financial Insights For Apartment 5plus
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 | $88.7k | $11.04 |
| − Vacancy | −$7.0k | −$0.87 |
| EGI | $81.7k | $10.17 |
| − OpEx | −$36.8k | −$4.58 |
| NOI | $44.9k | $5.59 |
