Two-Unit Duplex with Central
For Sale
$275,000
702 Camp Dantzler, Hattiesburg, MS 39401
Multi Family, Hattiesburg, MS
Property Size2,079 SF
Price / SF$132.28
Days on Market37
Property Features for 702 Camp Dantzler
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
1
Elementary school district
South Forrest
Middle school district
South Forrest
High school district
South Forrest
Subdivision
Dixie
Standard status
Active
Size
2,079 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
lot 4 of cambridge commons
Tax Annual Amount
1630
Legal Description
lot 4 of cambridge commons
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2006
Number of units
2
Flooring type
Laminate
Building materials
Stucco
Listing Agency:
RE/MAX Real Estate Partners · RE/MAX International
(601) 296-2001
Listed By:
Kayla Robinson
(601) 296-2001
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 29 at 1:06AM
MLS# 148038
Copyright © 2026 Hattiesburg Area Association of Realtors. 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.
Built in 2006, this stucco duplex contains two 3-bedroom, 2-bathroom residences within 2,079 square feet. Both units offer spacious living areas, laminate flooring, central air conditioning, ceiling fans, and electric central heat. A septic tank serves the property.
The property is located in the South Forrest School District and offers access to Hattiesburg shopping, dining, and major highways. Its two-unit configuration supports separate occupancy, including the option to occupy one residence while leasing the other, subject to applicable requirements.
The property is located in the South Forrest School District and offers access to Hattiesburg shopping, dining, and major highways. Its two-unit configuration supports separate occupancy, including the option to occupy one residence while leasing the other, subject to applicable requirements.
Key Highlights
- Two 3‑bedroom, 2‑bathroom units
- 2,079 square feet across the duplex
- Built in 2006 with stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,085
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$261,700
$261.7K
Cap Rate 7%
$186,929
$186.9K
Cap Rate 9%
$145,389
$145.4K
Market Conditions
NOI Build-Up for 2,079 SF
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.
Gross rent
$20.2K $9.72/SF
− Vacancy
−$1.5K −$0.73/SF
EGI
$18.7K $8.99/SF
− OpEx
−$5.6K −$2.70/SF
NOI
$13.1K $6.29/SF
Area
Forrest 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$261,700
Cap Rate 7%
$186,929
Cap Rate 9%
$145,389
Alternative Uses
Best Use
Multifamily LT 5
$186.9K
$163.6K – $218.1K
NOI $13,085 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$166.1K
$145.3K – $193.8K
NOI $11,626 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$342.1K
$299.4K – $399.2K
NOI $23,950 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 39401, MS
43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained residential income property with matching layouts and owner-occupancy flexibility.
Where is this duplex located?
The property is located at 702 Camp Dantzler Hattiesburg, MS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units; 2,079 square feet across the duplex; Built in 2006 with stucco construction
