Duplex Under
For Sale
$260,000
14916 Stacey St, Vancleave, MS 39565
Two-unit residential property undergoing renovation, with three-bedroom, two-bath layouts in each unit.
Property Size2,100 SF
Price / SF$123.81
Days on Market87
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Property Features for 14916 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: Jul 21
Changed: Oct 14
Last Checked: Oct 15 at 4:47AM
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
Investment Insights
Based on property information with market context.
This duplex contains 2,100 square feet and was built in 2008. Both units are currently vacant and undergoing renovation, with each offering three bedrooms and two bathrooms. Leasing efforts are planned as the improvements progress.
The property is located at 14916 Stacey St in Vancleave, Mississippi, north of the interstate and outside the flood zones. It may be acquired individually, together with selected properties, or as part of an 11-duplex portfolio.
The property is located at 14916 Stacey St in Vancleave, Mississippi, north of the interstate and outside the flood zones. It may be acquired individually, together with selected properties, or as part of an 11-duplex portfolio.
Key Highlights
- 2,100‑square‑foot duplex built in 2008
- Each unit includes 3 bedrooms and 2 baths
- Both units are vacant and currently under renovation
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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Current Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property undergoing renovation, with three-bedroom, two-bath layouts in each unit.
Where is this duplex located?
The property is located at 14916 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: 2,100‑square‑foot duplex built in 2008; Each unit includes 3 bedrooms and 2 baths; Both units are vacant and currently under renovation
