Two-Unit Duplex with Separate
For Sale
$105,000
522 E Railroad St, Gulfport, MS 39507
Two one-bedroom residences offer individual access on a four-lot parcel near downtown Gulfport and Hwy 90.
Property Size1,398 SF
Lot Size0.38 Acres
Price / SF$75.11
Days on Market57
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Property Features for 522 E Railroad St
General Information
Standard status
Active
Size
1,398 SF
Lot size
0.38 Acres
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
could benefit from some updating and improvements
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1965
Listing Agency:
RE/MAX Results In Real Estate, Inc.
Listed By:
Tracy L Johnson · License #S51172
(228) 697-1803
Source:
Fiorellaavenue
Added: Aug 20
Changed: Oct 14
Last Checked: Oct 7 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results In Real Estate, Inc.
Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains 1,398 square feet with two separate residences, each arranged as a one-bedroom, one-bath unit. Individual entrances support distinct access for both households, while mature oak trees add established site character. The property would benefit from updating and improvements, providing a renovation-oriented acquisition for an investor or owner-user seeking a small residential income property.
The duplex occupies 4 lots totaling approximately .38 acre. Its setting near downtown Gulfport and Hwy 90 provides access to two established local reference points. The address is 522 E Railroad St, Gulfport, MS 39507.
The duplex occupies 4 lots totaling approximately .38 acre. Its setting near downtown Gulfport and Hwy 90 provides access to two established local reference points. The address is 522 E Railroad St, Gulfport, MS 39507.
Key Highlights
- Two‑unit duplex with 1,398 square feet
- Each unit includes 1 bedroom and 1 bathroom
- Separate entrances for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,799
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,980
$176.0K
Cap Rate 7%
$125,700
$125.7K
Cap Rate 9%
$97,767
$97.8K
Market Conditions
NOI Build-Up for 1,398 SF
Gross rent
$13.6K $9.72/SF
− Vacancy
−$1.0K −$0.73/SF
EGI
$12.6K $8.99/SF
− OpEx
−$3.8K −$2.70/SF
NOI
$8.8K $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%
$175,980
Cap Rate 7%
$125,700
Cap Rate 9%
$97,767
Alternative Uses
Best Use
Multifamily LT 5
$125.7K
$110.0K – $146.7K
NOI $8,799 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$111.7K
$97.7K – $130.3K
NOI $7,818 @ 7.0% cap · market cap 7.45%
Theoretical Best
Healthcare Medical
$225.2K
$197.1K – $262.8K
NOI $15,765 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 39507, MS
17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences offer individual access on a four-lot parcel near downtown Gulfport and Hwy 90.
Where is this duplex located?
The property is located at 522 E Railroad St Gulfport, MS.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,398 square feet; Each unit includes 1 bedroom and 1 bathroom; Separate entrances for both units
