Leased
For Sale
$260,000
Pending
5347-5351 Quail Creek Circle, Diberville, MS 39540
Residential Income, D'Iberville, MS
Property Size2,342 SF
Lot Size0.23 Acres
Days on Market95
Property Features for 5347-5351 Quail Creek Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 6
Parking
2
Parking features
Assigned
Patio and Porch features
Porch
Fencing
Privacy
Appliances
Range, Refrigerator, Dishwasher, Electric Range
Subdivision
Quail Creek
Lot features
Corner Lot, Corner Lot
Standard status
Pending
APN
1306-19-010.131, 1306-19-010.130
Size
2,342 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 108 QUAIL CREEK SUBD SEC 19-6-9 & LOT 107 QUAIL CREEK SUBD SEC 19-6-9
Tax Annual Amount
1315
Legal Description
LOT 108 QUAIL CREEK SUBD SEC 19-6-9 & LOT 107 QUAIL CREEK SUBD SEC 19-6-9
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2006
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
Roof type
Shingle
Listing Agency:
Century 21 Busch Realty Group · Century 21 Real Estate
(228) 324-1715
Listed By:
Kim Alexander · License #S54591
(601) 723-0140
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 29 at 3:06AM
MLS# 4157278
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.
Built in 2006, this duplex contains two matching units, each arranged with three bedrooms and two bathrooms. The property occupies a 0.23-acre lot and includes assigned parking, porches, privacy fencing, and public water and sewer. Interior features include carpet and vinyl flooring, central heating and air conditioning, and range, refrigerator, and dishwasher appliances.
Both residences are leased under agreements that run through December 31, 2026. The property is in D'Iberville near the Promenade Mall area, with access to the surrounding communities of Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point.
Both residences are leased under agreements that run through December 31, 2026. The property is in D'Iberville near the Promenade Mall area, with access to the surrounding communities of Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point.
Key Highlights
- Two matching units, each with 3 bedrooms and 2 bathrooms
- Both leases extend through December 31, 2026
- 0.23‑acre lot
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
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences each offer three bedrooms and two bathrooms, with tenancy in place through 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 units, each with 3 bedrooms and 2 bathrooms; Both leases extend through December 31, 2026; 0.23‑acre lot
