Leased Duplex Income
5347-5351 Quail Creek Circle Diberville, MS 39540
New
For Sale
$273,000
MULTI_FAMILY - D'Iberville, MS
Property Size2,342 SF
Lot Size0.23 Acres
Price / SF$116.57
Days on Market1
Property Features for 5347-5351 Quail Creek Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 1
Parking
2
Patio and Porch features
Porch
Appliances
Range
Standard status
Active
APN
1306-19-010.131, 1306-19-010.130
Size
2,342 SF
Lot size
0.23 Acres
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
Utilities
Sewer type
Public Sewer
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
(228) 324-1715
Listed By:
Kim Alexander · License #S54591
(601) 723-0140
Added: Jul 27
Last Checked: Jul 27 at 10:06PM
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex contains two mirrored residential units, each with a functional 3-bedroom, 2-bath layout. The property is configured to provide consistency across both sides, and both units are currently leased.
The duplex is located near the Promenade Mall area in D’Iberville, with convenient access to shopping, dining, entertainment, and major roadways. Additional access is provided to nearby Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point.
Both leases are in place through December 31, 2026, supporting immediate rental income. The property is being offered as a residential income investment with stable occupancy based on the current lease terms.
The duplex is located near the Promenade Mall area in D’Iberville, with convenient access to shopping, dining, entertainment, and major roadways. Additional access is provided to nearby Gulfport, Biloxi, Ocean Springs, Pascagoula, and Moss Point.
Both leases are in place through December 31, 2026, supporting immediate rental income. The property is being offered as a residential income investment with stable occupancy based on the current lease terms.
Key Highlights
- Duplex built in 2006 with 2 identical units, each with a 3‑bedroom, 2‑bath layout
- Total living area: 2,316 sq ft (1,158 sq ft per side)
- Both units are currently leased at $1,700 per month per side ($3,400 total)
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 | $22.8k | $9.72 |
| − Vacancy | −$1.7k | −$0.73 |
| EGI | $21.1k | $8.99 |
| − OpEx | −$6.3k | −$2.70 |
| NOI | $14.7k | $6.29 |
2,342 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$210.6K
$184.3K – $245.7K
NOI $14,740 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$187.1K
$163.7K – $218.3K
NOI $13,097 @ 7.0% cap · market cap 4.80%
Theoretical Best
Healthcare Medical
$377.3K
$330.1K – $440.2K
NOI $26,411 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two mirrored 3 bed/2 bath units, both currently leased 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 $273,000.
What are key features of this property?
This property features: Duplex built in 2006 with 2 identical units, each with a 3‑bedroom, 2‑bath layout; Total living area: 2,316 sq ft (1,158 sq ft per side); Both units are currently leased at $1,700 per month per side ($3,400 total)
