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Duplex with Separate Entrances
For Sale
$105,000

522 E Railroad Street, Gulfport, MS 39507

Residential Income, Gulfport, MS

Property Size1,398 SF
Lot Size0.38 Acres
Price / SF$75.11
Days on Market137

Property Features for 522 E Railroad Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features Driveway, Carport
Exterior features Private Yard
Fencing Chain Link
Subdivision Metes And Bounds
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
Legal Description LOTS 11 TO 14 BLK 9 HEWES ADD

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
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. · RE/MAX International
Listed By: Tracy L Johnson · License #S51172
Added: Jun 5 Changed: Oct 18 Last Checked: Oct 19 at 7:06AM
MLS# 4151726

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 1,398-square-foot duplex contains two one-bedroom, one-bathroom residences, each with its own entrance. Built in 1965, the property occupies four lots totaling approximately 0.38 acres. A carport and driveway provide on-site parking; the exterior also includes a chain-link fence and private yard. Public water and sewer serve the property, and the roof is metal. Central heating and air conditioning are complemented by ceiling fans. Updating and improvements may be needed.

The property is near downtown Gulfport and Highway 90.

Key Highlights

  • Two one‑bedroom, one‑bathroom units, each with a separate entrance
  • 1,398 square feet on four lots totaling approximately 0.38 acres
  • Built in 1965

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 (±1% cap)
NOI $8,799 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$111.7K
$97.7K – $130.3K (±1% cap)
NOI $7,818 @ 7.0% cap · market cap 7.45%
Theoretical Best
Healthcare Medical
$225.2K
$197.1K – $262.8K (±1% cap)
NOI $15,765 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Spa & Massage Center

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences provide distinct access, with central heating and air conditioning serving the property.
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 $105,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units, each with a separate entrance; 1,398 square feet on four lots totaling approximately 0.38 acres; Built in 1965
More about this property
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