Two-Unit Duplex with Ceramic
New
For Sale
$212,750
211 Mccaughan Avenue lot A & B, Long Beach, MS 39560
Residential Income, Long Beach, MS
Property Size1,881 SF
Lot Size0.24 Acres
Price / SF$113.10
Days on Market2
Property Features for 211 Mccaughan Avenue lot A & B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Parking
4
Window features
Aluminum Frames
Subdivision
Davis Add
Lot features
City Lot, City Lot
Elementary school
W.J. Quarles
Middle school
Long Beach Middle School
High school
Long Beach High School
Directions
RR St. or E. Old Pass Rd. to McCaughan Ave.
Standard status
Active
APN
0611p-04-012.001
Size
1,881 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S 15 FT OF LOT 57 & ALL OF LOTS 58 & 59 BLK 1 DAVIS ADD SEC 12-8-12
Tax Annual Amount
2547
Legal Description
S 15 FT OF LOT 57 & ALL OF LOTS 58 & 59 BLK 1 DAVIS ADD SEC 12-8-12
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1998
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Roof type
Aluminum
Listing Agency:
Beth Arnold Realty, LLC
(228) 284-1700
Listed By:
Beth Arnold · License #B18960
(228) 861-7458
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 23 at 12:06AM
MLS# 4163278
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.
Built in 1998, this duplex contains 1,881 square feet arranged as two residential units. Each unit includes two bedrooms and one-and-a-half bathrooms, creating a consistent layout across the property. Ceramic tile flooring is featured throughout, while the aluminum roof provides a durable exterior component.
The property occupies 0.24 acres at 211 Mccaughan Avenue in Long Beach, Mississippi. Public water and public sewer serve the property, and cable service is available. Showings require 24-hour advance notice.
The property occupies 0.24 acres at 211 Mccaughan Avenue in Long Beach, Mississippi. Public water and public sewer serve the property, and cable service is available. Showings require 24-hour advance notice.
Key Highlights
- Two‑unit duplex with 1,881 square feet of total property size
- Each unit includes 2 bedrooms and 1.5 bathrooms
- Built in 1998 on a 0.24‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,838
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$236,760
$236.8K
Cap Rate 7%
$169,114
$169.1K
Cap Rate 9%
$131,533
$131.5K
Market Conditions
NOI Build-Up for 1,881 SF
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.
Gross rent
$18.3K $9.72/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$16.9K $8.99/SF
− OpEx
−$5.1K −$2.70/SF
NOI
$11.8K $6.29/SF
Area
Harrison County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$236,760
Cap Rate 7%
$169,114
Cap Rate 9%
$131,533
Alternative Uses
Best Use
Multifamily LT 5
$169.1K
$148.0K – $197.3K
NOI $11,838 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$150.3K
$131.5K – $175.3K
NOI $10,519 @ 7.0% cap · market cap 4.94%
Theoretical Best
Healthcare Medical
$303.0K
$265.2K – $353.5K
NOI $21,212 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
172
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with separate two-bedroom layouts, public utilities, and durable ceramic tile flooring.
Where is this duplex located?
The property is located at 211 Mccaughan Avenue lot A & B Long Beach, MS.
What is the asking price?
The asking price for this property is $212,750.
What are key features of this property?
This property features: Two‑unit duplex with 1,881 square feet of total property size; Each unit includes 2 bedrooms and 1.5 bathrooms; Built in 1998 on a 0.24‑acre lot
