1605 Fern Avenue, Gulfport, MS 39501
MULTI_FAMILY - Gulfport, MS
- Added:
- Jun 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 11 at 12:06 am
Property Features for 1605 Fern Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 0711h-03-016.000
- Size
- 2,181 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 12 TO 15 BLK 9 GULF GARDENS
- Tax Annual Amount
- 1900
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Flooring type
- Laminate, Carpet
- Roof type
- Shingle
Listing agent Nicole S Sanchez License #B24326 (228) 243-1222
Listing office Keller Williams 1710 E Pass Rd., Suite A, Gulfport, MS (228) 275-7500
Listing date Jun 9, 2026
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.
HighLights
- Four rental units: two 2BR/1BA units and two studio apartments
- Current rents: $995/mo (Unit A, 2BR/1BA) and $995/mo (Unit B, 2BR/1BA)
- Current studio rents: $695/mo for Unit C and $695/mo for Unit D, with all utilities included
- Public water and public sewer
- Roof type: shingle
- Patio on site; flooring includes laminate and carpet
Overview
The property is located at 1605 Fern Avenue in Gulfport, Mississippi, within Harrison County.
For investors seeking a small residential income asset, this configuration offers straightforward operational management as a single building with multiple rental streams. The mix of unit types may also help diversify occupancy demand, while the studio setup with utilities included can be attractive to tenants who prefer an all-in monthly arrangement. The listing is offered for sale as a rental property with existing units.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $9.72 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $19.6k | $8.99 |
| − OpEx | −$5.9k | −$2.70 |
| NOI | $13.7k | $6.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.104479
- Latitude
- 30.370362
