Three-Bedroom Duplex with Rental
903 Parkview Place lot A & B, Gulfport, MS 39507
For Sale
$178,200
Residential Income, Gulfport, MS
Property Size2,142 SF
Lot Size0.19 Acres
Price / SF$83.19
Days on Market380
Property Features for 903 Parkview Place lot A & B
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
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Utilities
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Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
RE/MAX Choice Properties · RE/MAX International
(228) 896-3033
Listed By:
Terry C Medley · License MS B21384
(228) 229-6954
Added: Oct 27, 2025
Changed: Oct 29
Last Checked: Nov 10 at 7:06PM
MLS# 4129833
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 2,142-square-foot duplex includes two matching residential units, each arranged with three bedrooms and two bathrooms. One unit is occupied under a month-to-month lease, while the other is vacant and requires TLC. The property is offered in as-is condition.
Built in 2006, the property sits on a 0.19-acre lot in Gulfport. Improvements include a shingle roof, public water, public sewer, and a range. The configuration provides separate living spaces within one residential income property, with existing occupancy on one side and renovation needs on the other.
Built in 2006, the property sits on a 0.19-acre lot in Gulfport. Improvements include a shingle roof, public water, public sewer, and a range. The configuration provides separate living spaces within one residential income property, with existing occupancy on one side and renovation needs on the other.
Key Highlights
- 2,142 square feet across a two‑unit duplex
- Each side includes 3 bedrooms and 2 bathrooms
- One unit occupied on a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,481
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,620
$269.6K
Cap Rate 7%
$192,586
$192.6K
Cap Rate 9%
$149,789
$149.8K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$20.8K $9.72/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$19.3K $8.99/SF
− OpEx
−$5.8K −$2.70/SF
NOI
$13.5K $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%
$269,620
Cap Rate 7%
$192,586
Cap Rate 9%
$149,789
Alternative Uses
Best Use
Multifamily LT 5
$192.6K
$168.5K – $224.7K
NOI $13,481 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$171.1K
$149.7K – $199.7K
NOI $11,979 @ 7.0% cap · market cap 6.72%
Theoretical Best
Healthcare Medical
$345.1K
$301.9K – $402.6K
NOI $24,155 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
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Business Placement
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
$220,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Gulfport, MS
Properties on Market for Duplexes in Gulfport
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit layout includes one occupied side and one vacant side requiring repairs.
Where is this duplex located?
The property is located at 903 Parkview Place lot A & B Gulfport, MS.
What is the asking price?
The asking price for this property is $178,200.
What are key features of this property?
This property features: 2,142 square feet across a two‑unit duplex; Each side includes 3 bedrooms and 2 bathrooms; One unit occupied on a month‑to‑month lease
