Three-Bedroom Duplex
For Sale
$81,000
2015 32nd Avenue, Gulfport, MS 39501
Residential, Gulfport, MS
Property Size1,073 SF
Lot Size0.09 Acres
Price / SF$75.49
Days on Market330
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, Bathroom 2, Bedroom 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: Sep 21
Last Checked: Oct 7 at 3:06PM
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 multifamily property is one side of a duplex in Gulfport, Mississippi. The residence contains 1,073 square feet with three bedrooms and two bathrooms, providing a straightforward residential layout. Built in 2006, the unit has a shingle roof described as newer and requires TLC.
The property occupies a 0.09-acre lot and is served by public water and public sewer. The adjoining duplex half, identified as 2013 32nd Avenue, is also available separately. The subject property is located at 2015 32nd Avenue in Gulfport, Harrison County, with the surrounding residential context reflected in its duplex configuration.
The property occupies a 0.09-acre lot and is served by public water and public sewer. The adjoining duplex half, identified as 2013 32nd Avenue, is also available separately. The subject property is located at 2015 32nd Avenue in Gulfport, Harrison County, with the surrounding residential context reflected in its duplex configuration.
Key Highlights
- 1,073‑square‑foot duplex half with 3 bedrooms and 2 bathrooms
- Built in 2006
- Shingle roof described as newer; property requires TLC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,001
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,020
$120.0K
Cap Rate 7%
$85,729
$85.7K
Cap Rate 9%
$66,678
$66.7K
Market Conditions
NOI Build-Up for 1,073 SF
Gross rent
$11.8K $11.04/SF
− Vacancy
−$936 −$0.87/SF
EGI
$10.9K $10.17/SF
− OpEx
−$4.9K −$4.58/SF
NOI
$6.0K $5.59/SF
Area
Harrison County, MS
Vacancy
7.90%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,020
Cap Rate 7%
$85,729
Cap Rate 9%
$66,678
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
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
563
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - The residence offers two full bathrooms, public utilities, and a shingle roof installed more recently than the original.
Where is this multifamily 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: 1,073‑square‑foot duplex half with 3 bedrooms and 2 bathrooms; Built in 2006; Shingle roof described as newer; property requires TLC
