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14-Unit Apartment Building with Beach Views
For Sale
Contact for pricing
Pending

1540 Wilkes Avenue, Biloxi, MS 39530

Multifamily property with renovated roofing, on-site laundry, asphalt parking, and two-bedroom floor plans.

Property SizeContact for details
Days on Market143

Property Features for 1540 Wilkes Avenue

General Information

Standard status Pending
Property subtype Special Purpose

Units

Unit Mix 14 x 2BR/1BA
Multifamily Units 14

Additional Details

Road Access Yes

Amenities

on-site laundry
Listing Agency: Coldwell Banker Commercial Alfonso Realty Inc Bay Saint Louis
Listed By: Lindsey Richard · License #MS
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:45AM

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 Bay Saint Louis

Investment Insights

Based on property information with market context.

This 14-unit multifamily property in Biloxi includes two-bedroom, one-bath residences, new roofs, an on-site laundry facility, and an asphalt parking lot. The grounds include maintained lawn areas and sidewalks, while beach views add a notable setting to the property.

The apartments are located 1.5 blocks from Biloxi Beach and near Gulf Coast casinos, restaurants, a minor league baseball field, Biloxi Upper Elementary, Keesler Air Force Base, and Keesler Medical Center. The surrounding area also hosts numerous yearly activities, providing proximity to established recreational, institutional, and entertainment destinations.

Key Highlights

  • 14 total units with two‑bedroom, one‑bath layouts
  • New roofs across the property
  • On‑site laundry facility

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Pharmacy (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery Furniture & Home Goods

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

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 39530, MS

8,392
Population
4,533
Households
1.9
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
1,865
Density / Sq Mi
$39,755
Median Household Income
$26,222
Median Earnings
$821
Median Rent
$149,600
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 property with renovated roofing, on-site laundry, asphalt parking, and two-bedroom floor plans.
Where is this apartment building located?
The property is located at 1540 Wilkes Avenue Biloxi, MS.
What are key features of this property?
This property features: 14 total units with two‑bedroom, one‑bath layouts; New roofs across the property; On‑site laundry facility
More about this property
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