2209 34th Street Gulfport, MS 39501
Residential Multi Family, Other - Gulfport, MS
- Added:
- Jul 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features for 2209 34th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Standard status
- Active
- Size
- 1,541 SF
- Lot size
- 0.32 Acres
Building Details
- Year built
- 1958
- Architectural style
- Other
Listing agent Ivy Yeoman License #S-58066,PersonLicenseNumber (228) 213-0571
Listing office NextHome Simplicity 202 Klondyke Road, MS (228) 357-5888
Listing date Jul 8, 2026
Copyright © 2026 NextHome, Inc. 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.
The property is offered for sale and sits on a 0.32-acre lot. It is described as conveniently located near shopping, restaurants, schools, and major roadways, giving tenants and residents access to everyday amenities and transportation routes.
From a tenant and owner perspective, the unit mix provides practical flexibility. Studios can appeal to smaller households or renters looking for self-contained living, while the main 3-bedroom unit supports larger occupancy. With three separate units on-site, this property can support a multi-tenant rental setup while keeping the overall operations centralized under one address.
Key Highlights
- 1958‑built income‑producing property with 3 separate units
- 3‑bedroom main home plus two studio apartments
- Each studio apartment has its own kitchen and appliances
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 | $15.0k | $9.72 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $13.9k | $8.99 |
| − OpEx | −$4.2k | −$2.70 |
| NOI | $9.7k | $6.29 |
