Three-Unit Residential Income
2209 34th Street Gulfport, MS 39501
2209 34th Street, Gulfport, MS, 39501
$155,000
For Sale
$155,000
Residential Multi Family, Other - Gulfport, MS
Property Size1,835 SF
Lot Size0.32 Acres
Price / SF$84.47
Days on Market9
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
- 1,835 SF
- Lot size
- 0.32 Acres
Building Details
- Year built
- 1958
- Architectural style
- Other
Listing Agency
NextHome Simplicity
(228) 357-5888
202 Klondyke Road, MS
Listed by
Ivy Yeoman · License #S-58066,PersonLicenseNumber
(228) 213-0571
Added: Jul 8 Checked: Jul 16 at 7:06 pm
MLS# 4155144
Listing URL
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.
This residential income property offers three separate living spaces within one building. The main home features three bedrooms, and the two additional studio apartments each include its own kitchen and appliances. Each unit is supported by its own water heater and window A/C unit.
The property is located near shopping, restaurants, schools, and major roadways in Gulfport, MS.
With multiple self-contained units, the layout is designed for rental use as separate income streams or for an owner-occupant seeking additional rental income to offset expenses.
The property is located near shopping, restaurants, schools, and major roadways in Gulfport, MS.
With multiple self-contained units, the layout is designed for rental use as separate income streams or for an owner-occupant seeking additional rental income to offset expenses.
Key Highlights
- Income‑producing property with three separate units: a 3‑bedroom main home plus two studio apartments
- Each studio apartment includes its own kitchen, appliances, water heater, and window A/C unit
- Main home includes 4 bedrooms and 3 bathrooms
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 | $17.8k | $9.72 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $16.5k | $8.99 |
| − OpEx | −$4.9k | −$2.70 |
| NOI | $11.5k | $6.29 |
1,835 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$165.0K
$144.4K – $192.5K
NOI $11,549 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$146.6K
$128.3K – $171.0K
NOI $10,262 @ 7.0% cap · market cap 6.62%
Theoretical Best
Healthcare Medical
$295.6K
$258.7K – $344.9K
NOI $20,693 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For sale three separate units, including a 3-bedroom home and two studios with individual kitchens and climate units.
Where is this triplex located?
The property is located at 2209 34th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Income‑producing property with three separate units: a 3‑bedroom main home plus two studio apartments; Each studio apartment includes its own kitchen, appliances, water heater, and window A/C unit; Main home includes 4 bedrooms and 3 bathrooms
