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Multifamily Property
For Sale
$219,000

15139 Deer Creek Drive #A&B, Diberville, MS 39540

Constructed in 2005, this property offers a multifamily asset in D’Iberville.

Property Size2,201 SF
Price / SF$99.50
Days on Market8

Property Features for 15139 Deer Creek Drive #A&B

General Information

Standard status Active
Size 2,201 SF
Property subtype Multi-Family

Building Details

Year Built 2005
Listing Agency: eAgent Solutions
Listed By: Liz Corkren · License #mgc.corkee
Source: Cdgroupusa
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 7 at 9:15AM

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 eAgent Solutions

Investment Insights

Based on property information with market context.

This 2,201-square-foot multifamily property was built in 2005. It is located on Deer Creek Drive in D’Iberville, Mississippi.

Key Highlights

  • 2,201‑square‑foot multifamily property
  • Built in 2005
  • Located at 15139 Deer Creek Drive #A&B in D'Iberville, MS 39540

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,309
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,180 $246.2K
Cap Rate 7%
$175,843 $175.8K
Cap Rate 9%
$136,767 $136.8K
Market Conditions
NOI Build-Up for 2,201 SF
Gross rent
$24.3K $11.04/SF
− Vacancy
−$1.9K −$0.87/SF
EGI
$22.4K $10.17/SF
− OpEx
−$10.1K −$4.58/SF
NOI
$12.3K $5.59/SF
Area
Harrison County, MS
Vacancy
7.90%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,180
Cap Rate 7%
$175,843
Cap Rate 9%
$136,767

Alternative Uses

Best Use
Apartment 5plus
$175.8K
$153.9K – $205.2K (±1% cap)
NOI $12,309 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$354.6K
$310.3K – $413.7K (±1% cap)
NOI $24,821 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Gym & Fitness Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 39540, MS

12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Constructed in 2005, this property offers a multifamily asset in D’Iberville.
Where is this multifamily property located?
The property is located at 15139 Deer Creek Drive #A&B Diberville, MS.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 2,201‑square‑foot multifamily property; Built in 2005; Located at 15139 Deer Creek Drive #A&B in D'Iberville, MS 39540
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