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3-Unit Residential Income Property
For Sale
$244,900
Pending

444 Klondyke Road, Long Beach, MS 39560

Residential Income, Long Beach, MS

Property Size2,010 SF
Lot Size0.59 Acres
Days on Market140

Property Features for 444 Klondyke Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking features Garage, Driveway
Patio and Porch features Patio
Pets allowed Dogs OK, Breed Restrictions, Cats OK
Appliances Range, Refrigerator, Range, Dishwasher, Oven
Subdivision Metes And Bounds
Lot features City Lot, Fenced, City Lot, Fenced
Elementary school Wj Quarles
Middle school Long Beach
High school Long Beach
Standard status Pending
APN 0611o-04-002.000
Size 2,010 SF
Lot size 0.59 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG 2297.5 FT N & 20 FT E OF SW COR OF SEC 12 ON E MAR OF KLONDYKE RD N 81 DG E 131.2 FT N 20 DG W 70 FT N 81 DG E 125 FT N 20 DG W 66 FT W 207.7 FT TO KLONDYKE RD S ALONG RD 167 FT TO POB PART OF NW1/4 OF SW 1/4 SEC 12-8-12
Tax Annual Amount 2764
Legal Description BEG 2297.5 FT N & 20 FT E OF SW COR OF SEC 12 ON E MAR OF KLONDYKE RD N 81 DG E 131.2 FT N 20 DG W 70 FT N 81 DG E 125 FT N 20 DG W 66 FT W 207.7 FT TO KLONDYKE RD S ALONG RD 167 FT TO POB PART OF NW1/4 OF SW 1/4 SEC 12-8-12

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 3
Flooring type Wood, Slate, Brick
Roof type Shingle
Additional Structures Residence
Listing Agency: Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
Listed By: Philip J Leblanc · License #S30047
Added: May 29 Changed: Oct 8 Last Checked: Oct 15 at 11:06AM
MLS# 4151040

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.

Built in 1970, this three-unit property contains 2,010 square feet on a 0.59-acre lot. The main residence offers three bedrooms and two bathrooms; two rear apartments each have two bedrooms and one bathroom. Each unit has a garage, and the apartments have separate driveways and entrances. Interior features include wood, slate, and brick flooring, granite countertops, and stainless steel appliances. Central heating and air conditioning serve the property, with public water and sewer.

The property is being sold as-is, where-is. All three units are occupied under leases at closing. The site is a short drive from the Pass Road gate of NCBC Gulfport and minutes from the Gulf beaches; it is also within the Long Beach School District.

Key Highlights

  • Three leased units at closing
  • 2,010 square feet on a 0.59‑acre lot
  • Unit mix: one 3‑bedroom, 2‑bath residence and two 2‑bedroom, 1‑bath apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,650
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,000 $253.0K
Cap Rate 7%
$180,714 $180.7K
Cap Rate 9%
$140,556 $140.6K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$19.5K $9.72/SF
− Vacancy
−$1.5K −$0.73/SF
EGI
$18.1K $8.99/SF
− OpEx
−$5.4K −$2.70/SF
NOI
$12.7K $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%
$253,000
Cap Rate 7%
$180,714
Cap Rate 9%
$140,556

Alternative Uses

Best Use
Multifamily LT 5
$180.7K
$158.1K – $210.8K (±1% cap)
NOI $12,650 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$160.6K
$140.5K – $187.4K (±1% cap)
NOI $11,241 @ 7.0% cap · market cap 4.59%
Theoretical Best
Healthcare Medical
$323.8K
$283.3K – $377.8K (±1% cap)
NOI $22,667 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Building Supply Computer & Electronic Repair (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 39560, MS

18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All three residences are leased, with separate access and garage parking for each unit.
Where is this triplex located?
The property is located at 444 Klondyke Road Long Beach, MS.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Three leased units at closing; 2,010 square feet on a 0.59‑acre lot; Unit mix: one 3‑bedroom, 2‑bath residence and two 2‑bedroom, 1‑bath apartments
More about this property
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