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12-Unit Apartment Building
For Sale
$1,200,000

1701 18th Avenue, Gulfport, MS 39501

Eight two-bedroom and four one-bedroom units are leased on month-to-month terms.

Property Size3,627 SF
Price / SF$330.85
Days on Market444

Property Features for 1701 18th Avenue

General Information

Standard status Active
Size 3,627 SF
Property subtype Multi Family

Units

Unit Mix 8 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $9,088

Amenities

Public Sewer
Multi/Split
Central Air
Electric
Public
12
20
12.00
Metal
Other
Slab
Brick

Building Details

Year Built 1981
Listing Agency: Keller Williams
Listed By: Nicole S Sanchez · License #B24326
Source: Compass
Added: Jun 14, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:19PM

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 Keller Williams

Investment Insights

Based on property information with market context.

Built in 1981, this apartment property contains 12 units with a mix of eight two-bedroom, one-bath residences and four one-bedroom, one-bath residences. Each unit is currently leased on a month-to-month basis, offering a flexible existing occupancy structure.

The property is located at 1701 18th Avenue in Gulfport, Mississippi, just blocks from the beach and near dining, shopping, and entertainment. Improvements include central air, public sewer, electric service, and a combination of brick and metal exterior materials over a slab foundation.

Key Highlights

  • 12‑unit apartment property built in 1981
  • Unit mix includes 8 two‑bedroom, one‑bath units and 4 one‑bedroom, one‑bath units
  • All units are leased on month‑to‑month terms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Veterinary Clinic Florist Acupuncture

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby

Demographics for 39501, MS

22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
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 - Eight two-bedroom and four one-bedroom units are leased on month-to-month terms.
Where is this apartment building located?
The property is located at 1701 18th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12‑unit apartment property built in 1981; Unit mix includes 8 two‑bedroom, one‑bath units and 4 one‑bedroom, one‑bath units; All units are leased on month‑to‑month terms
More about this property
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