Duplex with Mirrored
For Sale
$260,000
Pending
5347-5351 Quail Creek Circle, Diberville, MS 39540
Two matching residences are occupied under leases running through December 31, 2026.
Property Size2,342 SF
Days on Market78
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Property Features for 5347-5351 Quail Creek Circle
General Information
Standard status
Pending
Size
2,342 SF
Property subtype
Multi-Family
Building Details
Year Built
2006
Listing Agency:
Hope Realty, LLC
Listed By:
John Gomez
(228) 697-5479
Source:
Coasthomesms
Added: Jul 30
Changed: Oct 15
Last Checked: Oct 14 at 10:53PM
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 Hope Realty, LLC
Investment Insights
Based on property information with market context.
This duplex contains two matching residences, each arranged with three bedrooms and two bathrooms. The mirrored floor plans create a consistent configuration across both sides, and each unit is currently leased through December 31, 2026. Constructed in 2006, the property is located at 5347-5351 Quail Creek Circle in D'Iberville, Mississippi.
The property sits near the Promenade Mall area, with access to shopping, dining, and entertainment. Major roadways connect the site with Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point. The leased status, uniform layouts, and established location provide a straightforward duplex configuration for residential income ownership.
The property sits near the Promenade Mall area, with access to shopping, dining, and entertainment. Major roadways connect the site with Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point. The leased status, uniform layouts, and established location provide a straightforward duplex configuration for residential income ownership.
Key Highlights
- Two matching 3‑bedroom, 2‑bath residences
- Both units leased through December 31, 2026
- Constructed in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,740
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,800
$294.8K
Cap Rate 7%
$210,571
$210.6K
Cap Rate 9%
$163,778
$163.8K
Market Conditions
NOI Build-Up for 2,342 SF
Gross rent
$22.8K $9.72/SF
− Vacancy
−$1.7K −$0.73/SF
EGI
$21.1K $8.99/SF
− OpEx
−$6.3K −$2.70/SF
NOI
$14.7K $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%
$294,800
Cap Rate 7%
$210,571
Cap Rate 9%
$163,778
Alternative Uses
Best Use
Multifamily LT 5
$210.6K
$184.3K – $245.7K
NOI $14,740 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$187.1K
$163.7K – $218.3K
NOI $13,097 @ 7.0% cap · market cap 5.04%
Theoretical Best
Healthcare Medical
$377.3K
$330.1K – $440.2K
NOI $26,411 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 39540, MS
12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences are occupied under leases running through December 31, 2026.
Where is this duplex located?
The property is located at 5347-5351 Quail Creek Circle Diberville, MS.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two matching 3‑bedroom, 2‑bath residences; Both units leased through December 31, 2026; Constructed in 2006
