Renovating Duplex
For Sale
$260,000
14910 Stacey St, Vancleave, MS 39565
Vacant duplex units with 3-bedroom, 2-bath layouts, currently under renovation and scheduled for completion this summer.
Property Size2,100 SF
Price / SF$123.81
Days on Market208
Property Features for 14910 Stacey St
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi-Family
Building Details
Year Built
2008
Listing Agency:
Epique
Listed By:
Justin Britt · License #S52358
(601) 382-2201
Source:
Fiorellaavenue
Added: Mar 29
Changed: Oct 15
Last Checked: Oct 21 at 12:10AM
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 Epique
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Investment Insights
Based on property information with market context.
This offering includes duplex properties available to purchase individually, as a complete bundle, or as partial bundles. Each duplex is currently vacant and is undergoing renovation, with completion planned this summer. Once finished, each unit will feature a 3-bedroom, 2-bath layout.
The properties are located north of the interstate and are described as being away from flood zones. They are being positioned for leasing following renovation completion, with a property manager working on tenanting as units are ready.
For buyers seeking residential income exposure, the package provides multiple duplex options with consistent unit layouts already defined and renovations in progress.
The properties are located north of the interstate and are described as being away from flood zones. They are being positioned for leasing following renovation completion, with a property manager working on tenanting as units are ready.
For buyers seeking residential income exposure, the package provides multiple duplex options with consistent unit layouts already defined and renovations in progress.
Key Highlights
- Each duplex unit offers a 3‑bedroom, 2‑bath layout
- Duplexes are currently vacant and under renovation, with completion scheduled for this summer
- Property manager is working to lease the duplexes after renovations are completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,552
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,040
$291.0K
Cap Rate 7%
$207,886
$207.9K
Cap Rate 9%
$161,689
$161.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$22.4K $10.68/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$20.8K $9.90/SF
− OpEx
−$6.2K −$2.97/SF
NOI
$14.6K $6.93/SF
Area
Jackson County, MS
Vacancy
7.31%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,040
Cap Rate 7%
$207,886
Cap Rate 9%
$161,689
Alternative Uses
Best Use
Multifamily LT 5
$207.9K
$181.9K – $242.5K
NOI $14,552 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$180.9K
$158.3K – $211.1K
NOI $12,665 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$573.7K
$502.0K – $669.3K
NOI $40,159 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
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Business Placement
Demographics for 39565, MS
19,972
Population
7,732
Households
2.6
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
274.6 sq mi
ZIP Area
73
Density / Sq Mi
$87,417
Median Household Income
$44,045
Median Earnings
$1,112
Median Rent
$204,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant duplex units with 3-bedroom, 2-bath layouts, currently under renovation and scheduled for completion this summer.
Where is this duplex located?
The property is located at 14910 Stacey St Vancleave, MS.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Each duplex unit offers a 3‑bedroom, 2‑bath layout; Duplexes are currently vacant and under renovation, with completion scheduled for this summer; Property manager is working to lease the duplexes after renovations are completed
