3BR Duplex Unit for
2015 32nd Avenue Gulfport, MS 39501
2015 32nd Avenue, Gulfport, MS, 39501
$81,000
For Sale
$81,000
One half of a 3-bedroom duplex totaling 1,073 sq ft, with a newer roof but requiring TLC.
Property Size1,073 SF
Price / SF$75.49
Days on Market333
Property Features for 2015 32nd Avenue
General Information
- Standard status
- Active
- Size
- 1,073 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2006
Listing agency
Re/max Choice Properties
(228) 896-3033
Listed by
Terry Medley · License #B21384
(228) 229-6954
Source
Xome
Added: Aug 24, 2025 Updated: Jul 20 at 9:19PM Checked: Jul 22 at 3:48AM
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 Re/max Choice Properties
Investment Insights
Based on property information with market context.
This offering is for one half of a 3-bedroom, 2-bath duplex totaling 1,073 sq ft. The unit has a newer roof, while the interior is described as needing TLC, offering opportunity for a buyer to bring the property up to condition.
The seller indicates the other half of the duplex at 2013 32nd Ave is also available. The remarks also note the property is part of a larger 28-home package.
As presented, the asset is positioned as a residential income property and is being marketed as part of a duplex configuration with an additional unit available nearby.
The seller indicates the other half of the duplex at 2013 32nd Ave is also available. The remarks also note the property is part of a larger 28-home package.
As presented, the asset is positioned as a residential income property and is being marketed as part of a duplex configuration with an additional unit available nearby.
Key Highlights
- Half of a 3‑bedroom, 2‑bath duplex totaling 1,073 sq ft
- Built in 2006 with vinyl exterior and asphalt roof
- Newer roof noted, but the home requires TLC
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 | $10.4k | $9.72 |
| − Vacancy | −$782 | −$0.73 |
| EGI | $9.6k | $8.99 |
| − OpEx | −$2.9k | −$2.70 |
| NOI | $6.8k | $6.29 |
1,073 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$96.5K
$84.4K – $112.6K
NOI $6,753 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$85.7K
$75.0K – $100.0K
NOI $6,001 @ 7.0% cap · market cap 7.41%
Theoretical Best
Healthcare Medical
$172.9K
$151.3K – $201.7K
NOI $12,100 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - One half of a 3-bedroom duplex totaling 1,073 sq ft, with a newer roof but requiring TLC.
Where is this duplex located?
The property is located at 2015 32nd Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $81,000.
What are key features of this property?
This property features: Half of a 3‑bedroom, 2‑bath duplex totaling 1,073 sq ft; Built in 2006 with vinyl exterior and asphalt roof; Newer roof noted, but the home requires TLC
