Three-Unit Triplex with New
For Sale
$269,900
2110 30th Street, Gulfport, MS 39501
Residential Income, Gulfport, MS
Property Size2,700 SF
Lot Size0.21 Acres
Price / SF$99.96
Days on Market44
Property Features for 2110 30th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 6, Bathroom 5, Bathroom 1, Bedroom 3, Bathroom 3
Parking
10
Subdivision
Metes And Bounds
Standard status
Active
APN
0810n-02-016.000
Size
2,700 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TRANSFER ON DEATH *2023-7072-D-J1* LOT 16 BLK 5 STANDARD LAND SEC 33-7-11
Tax Annual Amount
1929
Legal Description
TRANSFER ON DEATH *2023-7072-D-J1* LOT 16 BLK 5 STANDARD LAND SEC 33-7-11
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2006
Floors in Building
2
Number of units
3
Flooring type
Concrete, Vinyl
Roof type
Shingle
Listing Agency:
eAgent Solutions
(228) 364-1611
Listed By:
Kris D Scott · License #S59860
(228) 273-7377
Added: Jul 13
Changed: Aug 24
Last Checked: Aug 25 at 12:06AM
MLS# 4155756
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 Gulfport triplex contains three two-bedroom, two-bath residences within 2,700 square feet. Built in 2006, the property is fully occupied, and two tenants have renewed their leases through August 2027. Recent improvements include a brand-new shingle roof, pressure-washed parking areas, cleaned siding, and work completed to meet current insurance requirements.
The property sits on 0.21 acres at 2110 30th Street in Gulfport, Mississippi. Public water and public sewer serve the site, with water available as a listed utility. Shopping, dining, entertainment, and major Mississippi Gulf Coast employers are located nearby.
The property sits on 0.21 acres at 2110 30th Street in Gulfport, Mississippi. Public water and public sewer serve the site, with water available as a listed utility. Shopping, dining, entertainment, and major Mississippi Gulf Coast employers are located nearby.
Key Highlights
- Three 2‑bedroom, 2‑bath units in a fully occupied triplex
- 2,700 square feet on a 0.21‑acre parcel
- Built in 2006
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
$16,993
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
6.30%
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%
$339,860
$339.9K
Cap Rate 7%
$242,757
$242.8K
Cap Rate 9%
$188,811
$188.8K
Market Conditions
NOI Build-Up for 2,700 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
$26.2K $9.72/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$24.3K $8.99/SF
− OpEx
−$7.3K −$2.70/SF
NOI
$17.0K $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%
$339,860
Cap Rate 7%
$242,757
Cap Rate 9%
$188,811
Alternative Uses
Best Use
Multifamily LT 5
$242.8K
$212.4K – $283.2K
NOI $16,993 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.7K
NOI $15,099 @ 7.0% cap · market cap 5.59%
Theoretical Best
Healthcare Medical
$435.0K
$380.6K – $507.5K
NOI $30,448 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
535
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - All residences are leased, with two-bedroom, two-bath layouts and recent tenant renewals.
Where is this triplex located?
The property is located at 2110 30th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Three 2‑bedroom, 2‑bath units in a fully occupied triplex; 2,700 square feet on a 0.21‑acre parcel; Built in 2006
