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55-Unit Apartment Portfolio
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1228 43rd Avenue, Gulfport, MS 39501

Multifamily portfolio combines apartment units, houses, commercial lots, and furnished short-term rental accommodations.

Property SizeContact for details
Days on Market143

Property Features for 1228 43rd Avenue

General Information

Standard status Active
Property subtype Multifamily, Land
Occupancy 90%

Additional Details

Multifamily Units 57
Listing Agency: Coldwell Banker Commercial Alfonso Realty, Inc. Gulfport
Listed By: Sam Ford · License #MS
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:06AM

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 multifamily portfolio includes 55 apartment units, two houses, and two commercial lots distributed across eight parcels. Two furnished units are used for short-term vacation rentals, adding a distinct lodging component to the apartment mix. The portfolio is reported at approximately 90% occupancy.

The properties are located near Broad Avenue in West Gulfport, close to Memorial Hospital, casinos, and the beach. Medical and casino employment are identified as primary employment sources in the surrounding area. Parcel numbers are 0711J-04-019.000, 0711J-01-018.000, 0711J-01-017.000, 0711J-01-020.000, 0711J-02-014.000, 0711J-02-004.000, 0711J-02-005.000, and 0711J-02-003.000.

Key Highlights

  • 55 apartment units across an eight‑parcel portfolio
  • Two houses and two commercial lots included
  • Approximately 90% occupancy

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Kitchen & Bath Showroom Gym & Fitness Center Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Accounting Firm

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

57
Residential units
90%
Occupancy

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily portfolio combines apartment units, houses, commercial lots, and furnished short-term rental accommodations.
Where is this apartment building located?
The property is located at 1228 43rd Avenue Gulfport, MS.
What are key features of this property?
This property features: 55 apartment units across an eight‑parcel portfolio; Two houses and two commercial lots included; Approximately 90% occupancy
(228) 287-1200 Call to check price and availability
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