903 Parkview Place lot A & B, Gulfport, MS 39507
MULTI_FAMILY - Gulfport, MS
- Added:
- Oct 27, 2025
- Days on Market:
- 226
- Last Refresh:
- Jun 9 at 10:06 pm
Property Features for 903 Parkview Place lot A & B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Appliances
- Range
- Standard status
- Active
- APN
- 1010g-01-015.005
- Size
- 2,142 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 5 SWITZER PLACE SUBD
- Tax Annual Amount
- 2660
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agent Terry C Medley License #B21384 (228) 229-6954
Listing office RE/MAX Choice Properties 520 E Pass Rd., Suite N, Gulfport, MS (228) 896-3033
Listing date Oct 27, 2025
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.
HighLights
- Duplex with 3 bed/2 bath units on each side
- One side is rented on a month‑to‑month lease for $975/month; the other side is vacant
- Year built 2006
- Public water and public sewer
- Shingle roof
- Sold as‑is; part of a 28‑home package (includes 930 Parkview at a package price of $340K)
Overview
Local 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 | $20.8k | $9.72 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $19.3k | $8.99 |
| − OpEx | −$5.8k | −$2.70 |
| NOI | $13.5k | $6.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.017404
- Latitude
- 30.405211
