Updated Brick Duplex With Two
1913 48th Avenue Gulfport, MS 39501
For Sale
$189,000
Newly updated all-brick duplex with two 2-bedroom, 2-bath units, separate utilities, and in-unit kitchen appliances.
Property Size1,740 SF
Price / SF$108.62
Days on Market71
Property Features for 1913 48th Avenue
General Information
Standard status
Active
Size
1,740 SF
Property subtype
Multi Family
Building Details
Year Built
2007
Listing Agency:
eAgent Gulf Coast
(228) 243-7887
Listed By:
Lucy Miles · License #S58085
(228) 243-7887
Source:
Compass
Added: May 19
Changed: Jul 22
Last Checked: Jul 27 at 12:59PM
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 eAgent Gulf Coast
Investment Insights
Based on property information with market context.
This newly updated all-brick duplex features two units, each offering two bedrooms and two bathrooms. Each unit is equipped with a stove, refrigerator, microwave, and dishwasher, and includes washer/dryer hookups. Unit A is currently occupied and requires 24-hour notice to show, while Unit B is vacant and has been completely remodeled. The property is being sold as-is.
The duplex is located in central Gulfport and is described as convenient to the Seabee base, Memorial hospital, and downtown eateries and shops. Public remarks also note the property is less than 2 miles from the beach.
Utilities are separated, with water and electric on separate meters for both units, supporting independent tenant billing and operations.
The duplex is located in central Gulfport and is described as convenient to the Seabee base, Memorial hospital, and downtown eateries and shops. Public remarks also note the property is less than 2 miles from the beach.
Utilities are separated, with water and electric on separate meters for both units, supporting independent tenant billing and operations.
Key Highlights
- All‑brick duplex built in 2007 with two 2‑bedroom, 2‑bath units
- Unit B is completely remodeled; Unit A has a tenant in place and requires 24‑hour notice to show
- Separate water and electric meters for both units
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 | $16.9k | $9.72 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $15.6k | $8.99 |
| − OpEx | −$4.7k | −$2.70 |
| NOI | $11.0k | $6.29 |
1,740 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$156.4K
$136.9K – $182.5K
NOI $10,951 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$139.0K
$121.6K – $162.2K
NOI $9,731 @ 7.0% cap · market cap 5.15%
Theoretical Best
Healthcare Medical
$280.3K
$245.3K – $327.0K
NOI $19,622 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Newly updated all-brick duplex with two 2-bedroom, 2-bath units, separate utilities, and in-unit kitchen appliances.
Where is this duplex located?
The property is located at 1913 48th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: All‑brick duplex built in 2007 with two 2‑bedroom, 2‑bath units; Unit B is completely remodeled; Unit A has a tenant in place and requires 24‑hour notice to show; Separate water and electric meters for both units
