Two-Unit Residential Income
For Sale
$81,000
2015 32nd Avenue, Gulfport, MS 39501
DUPLEX - Gulfport, MS
Property Size1,073 SF
Lot Size0.09 Acres
Price / SF$75.49
Days on Market262
Property Features for 2015 32nd Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Subdivision
Gulfport City
Lot features
City Lot, City Lot
Standard status
Active
APN
0811e-04-051.003
Size
1,073 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 5 BLK 93 ORIGINAL GULFPORT SEC 4-8-11
Tax Annual Amount
1080
Legal Description
LOT 5 BLK 93 ORIGINAL GULFPORT SEC 4-8-11
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2006
Floors in Building
1
Roof type
Shingle
Listing Agency:
RE/MAX Choice Properties · RE/MAX International
(228) 896-3033
Listed By:
Terry C Medley · License #B21384
(228) 229-6954
Added: Nov 11, 2025
Changed: Jul 24
Last Checked: Jul 31 at 2:06AM
MLS# 4131249
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.
Investment Insights
Based on property information with market context.
This offering is for half of a duplex featuring an approximately 3-bedroom, 2-bath layout with about 1,073 square feet. The property includes a newer roof; however, it needs TLC inside.
The address for this unit is 2015 32nd Avenue in Gulfport, Mississippi. Public remarks also note that the other half of the duplex at 2013 32nd Ave is available for sale separately.
The lot size is listed as 0.09 acres.
The address for this unit is 2015 32nd Avenue in Gulfport, Mississippi. Public remarks also note that the other half of the duplex at 2013 32nd Ave is available for sale separately.
The lot size is listed as 0.09 acres.
Key Highlights
- Half of a 3/2 duplex with 1,073 sqft
- Year built 2006
- Public water and public sewer
Financial Insights For Apartment 5plus
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 | $11.8k | $11.04 |
| − Vacancy | −$936 | −$0.87 |
| EGI | $10.9k | $10.17 |
| − OpEx | −$4.9k | −$4.58 |
| NOI | $6.0k | $5.59 |
1,073 SF · lease $11.04/SF/yr · vacancy 7.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$85.7K
$75.0K – $100.0K
NOI $6,001 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 39501, MS
22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Half of a 3-bedroom, 2-bath duplex offers approximately 1,073 sq. ft. and a newer roof, with interior TLC needed.
Where is this single family property 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 3/2 duplex with 1,073 sqft; Year built 2006; Public water and public sewer
