Commercial Duplex With Vacant
1904 22nd Avenue Gulfport, MS 39501
1904 22nd Avenue, Gulfport, MS, 39501
$199,999
For Sale
$199,999
COMMERCIAL - Gulfport, MS
Property Size1,754 SF
Lot Size0.19 Acres
Price / SF$114.02
Days on Market242
Property Features for 1904 22nd Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2
- Standard status
- Active
- APN
- 0811f-01-048.000
- Size
- 1,754 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 15 & 16 BLK 106 ORIGINAL GULFPORT
- Tax Annual Amount
- 1250
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Hardwood
- Roof type
- Shingle
Listing Agency
Southeast Properties
(228) 276-2760
2310 19th St., Gulfport, MS
Listed by
Amanda Cumberland · License #S48867
(228) 806-5048
Added: Nov 16, 2025 Checked: Jul 16 at 7:06 pm
MLS# 4132029
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 commercial duplex offers two separate units in a residential-income style configuration, with one unit currently occupied and the second unit available for immediate occupancy. The property is sized at 1,754 square feet and sits on a 0.19-acre lot.
Located at 1904 22nd Avenue in Gulfport, Mississippi 39501 within Harrison County, the building’s duplex layout supports an owner who wants both an occupied unit and a ready-to-lease space. This arrangement can reduce the time between turnovers, since the vacancy is already in place.
For buyers seeking a property that can offset ownership costs through rental income, this duplex provides a straightforward structure: an income-producing unit already in place, plus a second unit that can be leased upon commencement. It may also appeal to business owners who are interested in maintaining an on-site tenant while building a rental stream with the available unit.
Located at 1904 22nd Avenue in Gulfport, Mississippi 39501 within Harrison County, the building’s duplex layout supports an owner who wants both an occupied unit and a ready-to-lease space. This arrangement can reduce the time between turnovers, since the vacancy is already in place.
For buyers seeking a property that can offset ownership costs through rental income, this duplex provides a straightforward structure: an income-producing unit already in place, plus a second unit that can be leased upon commencement. It may also appeal to business owners who are interested in maintaining an on-site tenant while building a rental stream with the available unit.
Key Highlights
- Commercial duplex with 1 unit occupied and the other unit ready for immediate occupancy
- Hardwood flooring
- Natural gas available
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 | $17.0k | $9.72 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $15.8k | $8.99 |
| − OpEx | −$4.7k | −$2.70 |
| NOI | $11.0k | $6.29 |
1,754 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$157.7K
$138.0K – $184.0K
NOI $11,039 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$140.1K
$122.6K – $163.5K
NOI $9,809 @ 7.0% cap · market cap 4.90%
Theoretical Best
Healthcare Medical
$282.6K
$247.3K – $329.7K
NOI $19,780 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Billy Stage, Attorney ...
Law Firm
Wilkerson Kay L
Law Firm
The Real Estate Group
Real Estate Agency
James F Thompson ...
Law Firm
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FAQs
What type of property is this?
Duplex - Two-unit commercial duplex with one occupied unit and a second unit ready for immediate occupancy.
Where is this duplex located?
The property is located at 1904 22nd Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Commercial duplex with 1 unit occupied and the other unit ready for immediate occupancy; Hardwood flooring; Natural gas available
