Brick Duplex with Newer
For Sale
$206,600
2823 6th Avenue, Gulfport, MS 39501
MULTI_FAMILY - Gulfport, MS
Property Size2,200 SF
Lot Size0.16 Acres
Price / SF$93.91
Days on Market262
Property Features for 2823 6th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 6
Subdivision
Myrtle
Lot features
City Lot, Front Yard, City Lot, Front Yard
Directions
Pass Rd to 6th Ave turn south.
Standard status
Active
APN
0910m-03-051.000
Size
2,200 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 5 TO 6 BLK 22 MYRTLE RESURVEY
Tax Annual Amount
1447
Legal Description
LOTS 5 TO 6 BLK 22 MYRTLE RESURVEY
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
2
Flooring type
Carpet, Linoleum
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 10, 2025
Changed: Jul 24
Last Checked: Jul 30 at 10:06PM
MLS# 4131172
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 3/2 brick duplex offers two separate units, with both sides currently rented. One side has been freshly painted and is rented at $1100 per month, while the other side is on a month-to-month lease at $795 per month. Both units benefit from a newer roof, helping reduce near-term exterior maintenance concerns.
Located at 2823 6th Avenue in Gulfport, Mississippi (Harrison County), the property sits on a 0.16-acre lot. The available details also note that the A-side is on Supra, supporting practical access for showings.
For investors or owner-occupants seeking a managed setup with existing tenancy, this duplex provides immediate rental occupancy across both units. The split configuration can help diversify rental income streams within a single asset, while the freshly painted condition on the A-side and the shared newer roofing are concrete property improvements noted in the listing. Prospective buyers should verify all lease terms and any conditions tied to occupancy prior to closing.
Located at 2823 6th Avenue in Gulfport, Mississippi (Harrison County), the property sits on a 0.16-acre lot. The available details also note that the A-side is on Supra, supporting practical access for showings.
For investors or owner-occupants seeking a managed setup with existing tenancy, this duplex provides immediate rental occupancy across both units. The split configuration can help diversify rental income streams within a single asset, while the freshly painted condition on the A-side and the shared newer roofing are concrete property improvements noted in the listing. Prospective buyers should verify all lease terms and any conditions tied to occupancy prior to closing.
Key Highlights
- 3/2 brick duplex with both sides currently rented
- A‑side rented for $1,100/month and was freshly painted
- B‑side rented at $795/month on a month‑to‑month lease (below market value noted)
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 | $21.4k | $9.72 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $19.8k | $8.99 |
| − OpEx | −$5.9k | −$2.70 |
| NOI | $13.8k | $6.29 |
2,200 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.8K
$173.1K – $230.8K
NOI $13,846 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$175.8K
$153.8K – $205.1K
NOI $12,303 @ 7.0% cap · market cap 5.95%
Theoretical Best
Healthcare Medical
$354.4K
$310.1K – $413.5K
NOI $24,809 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
355
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
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Frequently Asked Questions
What type of property is this?
Duplex - Rented 3-bedroom/2-bath brick duplex with both sides occupied and a newer roof.
Where is this duplex located?
The property is located at 2823 6th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $206,600.
What are key features of this property?
This property features: 3/2 brick duplex with both sides currently rented; A‑side rented for $1,100/month and was freshly painted; B‑side rented at $795/month on a month‑to‑month lease (below market value noted)
