Two-Unit Duplex Income
For Sale
$225,000
20017 Sunshine Drive, Long Beach, MS 39560
Well-maintained duplex with two units under one roof, totaling 6 bedrooms and 2 bathrooms.
Property Size2,000 SF
Price / SF$112.50
Days on Market173
Property Features for 20017 Sunshine Drive
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi Family
Building Details
Year Built
1991
Listing Agency:
Ellis Realty
(228) 669-5485
Listed By:
Laken Scarborough · License #S54848
(228) 669-5485
Source:
Compass
Added: Feb 7
Changed: Jul 22
Last Checked: Jul 29 at 1:54PM
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 Ellis Realty
Investment Insights
Based on property information with market context.
20017 Sunshine Drive is a well-maintained duplex featuring two separate living units under one roof. The combined layout totals 6 bedrooms and 2 bathrooms, offering a straightforward configuration for rental income.
The property is located in Long Beach, Mississippi, and is described as being in a community close to local schools, parks, shopping, dining, and Gulf Coast beaches. For buyers seeking a residential income property, this duplex provides flexibility as either an investment or an owner-occupant setup.
With both sides designed for practical tenancy, the property presents a clear two-unit residential arrangement for diversified occupancy.
The property is located in Long Beach, Mississippi, and is described as being in a community close to local schools, parks, shopping, dining, and Gulf Coast beaches. For buyers seeking a residential income property, this duplex provides flexibility as either an investment or an owner-occupant setup.
With both sides designed for practical tenancy, the property presents a clear two-unit residential arrangement for diversified occupancy.
Key Highlights
- Well‑maintained duplex with two units under one roof
- Total of 6 bedrooms and 2 full bathrooms (2.00)
- Single‑story layout with central heating and central air
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 | $19.4k | $9.72 |
| − Vacancy | −$1.5k | −$0.73 |
| EGI | $18.0k | $8.99 |
| − OpEx | −$5.4k | −$2.70 |
| NOI | $12.6k | $6.29 |
2,000 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$159.8K
$139.8K – $186.4K
NOI $11,185 @ 7.0% cap · market cap 4.97%
Theoretical Best
Healthcare Medical
$322.2K
$281.9K – $375.9K
NOI $22,554 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 39560, MS
18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two units under one roof, totaling 6 bedrooms and 2 bathrooms.
Where is this duplex located?
The property is located at 20017 Sunshine Drive Long Beach, MS.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Well‑maintained duplex with two units under one roof; Total of 6 bedrooms and 2 full bathrooms (2.00); Single‑story layout with central heating and central air
