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    Commercial Duplex With Vacant Unit Title is generated by Realmo AI

    1904 22nd Avenue, Gulfport, MS 39501

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    Claim this Listing
    For Sale
    $199,999

    COMMERCIAL - Gulfport, MS

    Property size:
    1,754 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $114/SF
    Added:
    Nov 16, 2025
    Days on Market:
    224
    Last Refresh:
    Jun 28 at 1:06 am

    Property Features for 1904 22nd Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1
    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

    We can help!

    Contact an agent
    Amanda Cumberland
    Amanda Cumberland

    Listing agent Amanda Cumberland License #S48867

    Listing office Southeast Properties 2310 19th St., Gulfport, MS

    Listing date Nov 16, 2025

    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.

    HighLights

    • Commercial duplex with one unit currently occupied by a tenant
    • Second unit is vacant and ready for immediate occupancy
    • Hardwood flooring
    • Natural gas available
    • Public water and public sewer
    • Shingle roof

    Overview

    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.

    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 (±1% cap)
    NOI $11,039 @ 7.0% cap · market cap 5.52%
    Second Best
    Apartment 5plus
    $140.1K
    $122.6K – $163.5K (±1% cap)
    NOI $9,809 @ 7.0% cap · market cap 4.90%
    Theoretical Best
    Healthcare Medical
    $282.6K
    $247.3K – $329.7K (±1% cap)
    NOI $19,780 @ 7.0% cap · market cap 9.89%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.088522
    Latitude
    30.373861

    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 one unit currently occupied by a tenant; Second unit is vacant and ready for immediate occupancy; Hardwood flooring
    More about this property
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