Apartment
New
For Sale
$219,000
15139 Deer Creek Drive lot A&B, Diberville, MS 39540
Residential Income, D'Iberville, MS
Property Size2,201 SF
Lot Size0.21 Acres
Price / SF$99.50
Days on Market7
Property Features for 15139 Deer Creek Drive lot A&B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
Parking
4
Parking features
Driveway
Appliances
Range
Subdivision
Indian Creek
Lot features
Level, Level
Directions
1-10 take the Woolmarket exit and go North on Shriners BLVD, cross HWY 67 and continue on Lamey Bridge Rd, turn left on Deer Creek Drive, property is located on the left side on street.
Standard status
Active
APN
1306-19-010.013
Size
2,201 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 INDIAN CREEK SUBD SEC 19-6-9
Tax Annual Amount
2480
Legal Description
LOT 11 INDIAN CREEK SUBD SEC 19-6-9
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
2
Number of units
22
Roof type
Shingle
Listing Agency:
eAgent Solutions
(228) 364-1611
Listed By:
Liz V Corkren · License #S30322
(228) 547-2890
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 7 at 1:06PM
MLS# 4164273
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.
This apartment property contains 2,201 square feet on a 0.21-acre lot. Built in 2005, it has a shingle roof, central heating and air conditioning, and a driveway. Public water and sewer serve the property.
Key Highlights
- 2,201‑square‑foot apartment property on a 0.21‑acre lot
- Built in 2005
- Central heating and central air conditioning
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
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
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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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The property has central heating and air conditioning, with public water and sewer service.
Where is this apartment building located?
The property is located at 15139 Deer Creek Drive lot 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 apartment property on a 0.21‑acre lot; Built in 2005; Central heating and central air conditioning
