Brick Duplex with Updated
2823 6th Avenue, Gulfport, MS 39501
For Sale
$206,600
Residential Income, Gulfport, MS
Property Size2,200 SF
Lot Size0.16 Acres
Price / SF$93.91
Days on Market366
Property Features for 2823 6th Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Fencing
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
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Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
RE/MAX Choice Properties · RE/MAX International
(228) 896-3033
Listed By:
Terry C Medley · License MS B21384
(228) 229-6954
Added: Nov 10, 2025
Changed: Oct 29
Last Checked: Nov 10 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This brick duplex at 2823 6th Avenue in Gulfport contains 2,200 square feet with six bedrooms and four bathrooms across the two-unit configuration. The property was built in 1940 and includes carpet and linoleum flooring, shingle roofing, public water, and public sewer.
Both units are occupied. One side has been freshly painted, while the other is leased month to month. The roof has been updated, and the property sits on a 0.16-acre lot in Gulfport, Mississippi.
The duplex is identified as a residential income property and offers an established two-unit layout with existing tenancy in place.
Both units are occupied. One side has been freshly painted, while the other is leased month to month. The roof has been updated, and the property sits on a 0.16-acre lot in Gulfport, Mississippi.
The duplex is identified as a residential income property and offers an established two-unit layout with existing tenancy in place.
Key Highlights
- 2,200‑square‑foot brick duplex with six bedrooms and four bathrooms
- Both units currently rented
- One unit leased month to month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,846
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,920
$276.9K
Cap Rate 7%
$197,800
$197.8K
Cap Rate 9%
$153,844
$153.8K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$21.4K $9.72/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$19.8K $8.99/SF
− OpEx
−$5.9K −$2.70/SF
NOI
$13.8K $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 Rate 5%
$276,920
Cap Rate 7%
$197,800
Cap Rate 9%
$153,844
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.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
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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
$115,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Gulfport, MS
Properties on Market for Duplexes in Gulfport
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with public utilities, separate residential units, and recent interior paint in one side.
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: 2,200‑square‑foot brick duplex with six bedrooms and four bathrooms; Both units currently rented; One unit leased month to month
