Duplex With Separate
522 E Railroad Street Gulfport, MS 39507
522 E Railroad Street, Gulfport, MS, 39507
$115,000
For Sale
$115,000
MULTI_FAMILY - Gulfport, MS
Property Size1,398 SF
Lot Size0.38 Acres
Price / SF$82.26
Days on Market46
Property Features for 522 E Railroad Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
- Standard status
- Active
- APN
- 0911c-01-183.000
- Size
- 1,398 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 11 TO 14 BLK 9 HEWES ADD
- Tax Annual Amount
- 1184
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Metal
Listing Agency
RE/MAX Results In Real Estate, Inc.
(228) 388-4360
12211 Bernard Pkwy, Biloxi, MS
Listed by
Tracy L Johnson · License #S51172
(601) 463-1085
Added: Jun 5 Updated: Jul 10 at 8:51 am Checked: Jul 20 at 7:06 pm
MLS# 4151726
Listing URL
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 duplex features two separate units, each offering 1 bedroom and 1 bathroom. The layout includes separate entrances, supporting a straightforward rental arrangement. The property is situated on multiple lots, totaling approximately 0.38 acres, and is described as benefiting from some updating and improvements.
Located in Gulfport, the property is positioned near downtown and along Hwy 90, offering convenient access to surrounding areas. The setting is noted for mature oak trees, contributing to a private, residential feel.
For buyers or investors seeking a small multi-family asset, the duplex configuration provides a practical platform for managing two independent units. With separate entrances for each unit and a total site size that allows for room to operate, it may appeal to operators looking for a manageable property that can be improved over time. Prospective purchasers should plan for value-add considerations given the noted need for updates and improvements.
Located in Gulfport, the property is positioned near downtown and along Hwy 90, offering convenient access to surrounding areas. The setting is noted for mature oak trees, contributing to a private, residential feel.
For buyers or investors seeking a small multi-family asset, the duplex configuration provides a practical platform for managing two independent units. With separate entrances for each unit and a total site size that allows for room to operate, it may appeal to operators looking for a manageable property that can be improved over time. Prospective purchasers should plan for value-add considerations given the noted need for updates and improvements.
Key Highlights
- 1965‑built duplex with 2 units, each offering 1 bedroom and 1 bathroom
- Each unit has a separate entrance for an individual rental setup
- Metal roof
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 | $13.6k | $9.72 |
| − Vacancy | −$1.0k | −$0.73 |
| EGI | $12.6k | $8.99 |
| − OpEx | −$3.8k | −$2.70 |
| NOI | $8.8k | $6.29 |
1,398 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$125.7K
$110.0K – $146.7K
NOI $8,799 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$111.7K
$97.7K – $130.3K
NOI $7,818 @ 7.0% cap · market cap 6.80%
Theoretical Best
Healthcare Medical
$225.2K
$197.1K – $262.8K
NOI $15,765 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two separate 1-bedroom, 1-bath units on a 0.38-acre site, well-suited for rental-focused ownership.
Where is this duplex located?
The property is located at 522 E Railroad Street Gulfport, MS.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 1965‑built duplex with 2 units, each offering 1 bedroom and 1 bathroom; Each unit has a separate entrance for an individual rental setup; Metal roof
