Listing Agency: Southeast Commercial Real Estate Services

Listed By: Josh Jordan · License #MS S-53653

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:31PM

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Investment Insights

Based on property information with market context.

This fourplex at 201 S Necaise Ave offers a residential income configuration with flexibility for short-term rental use, longer-term occupancy, or personal vacation use. All tenants are on one-year leases that run through June 2020. The property is positioned on a bluff and is described as one of the highest points in Bay Saint Louis.

The setting in Old Town places the property within walking distance of the beach, harbor, local restaurants, and festivals. Stennis Space Center and area casinos are identified as nearby employment centers. The property is outside a flood zone and does not require flood insurance.

Key Highlights

• Fourplex configuration with short‑term rental, long‑term rental, or personal‑use potential
• All tenants on one‑year leases through June 2020
• Within walking distance of the beach, harbor, restaurants, and festivals

Property Analytics

Property Profile

Current Use

Dr. Donovan M. ... Physician

Suggested Use

Top Pick Building Supply Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Daycare Center

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

642

Businesses Nearby

Explore this area Business Placement

Demographics for 39520, MS

14,963

Population

8,593

Households

1.7

Avg Household Size

44

Median Age

28%

College-Educated

89%

High-School Grad

96.9 sq mi

ZIP Area

154

Density / Sq Mi

$65,139

Median Household Income

$39,085

Median Earnings

$1,067

Median Rent

$202,600

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?

Short term rental property - Four-unit property near the beach, harbor, restaurants, and festivals in Old Town Bay St. Louis.

Where is this short term rental property located?

The property is located at 201 S Necaise Ave Bay St Louis, MS.

What are key features of this property?

This property features: Fourplex configuration with short‑term rental, long‑term rental, or personal‑use potential; All tenants on one‑year leases through June 2020; Within walking distance of the beach, harbor, restaurants, and festivals