Property profile

1311 Father Ryan Ave Biloxi, MS 39530

OFF-MARKET
Residential income homes
Property ID
US50-0288407
0.59 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity in Biloxi, Mississippi, presents a four-unit multifamily property situated on a 0.59-acre lot at 1311 Father Ryan Avenue, 39530. This Class A property consists of two duplex buildings, each meticulously renovated with hardwood floors, granite countertops, stainless steel appliances, and in-unit washer/dryers. Each unit boasts a private courtyard. The property enjoys a coveted location just one block from Biloxi Beach and a short walk to local restaurants, shopping, entertainment, and casinos. Nestled in a mature, quiet neighborhood featuring historic homes and live oak trees, this property offers a blend of charm and convenience. Currently, all four units are leased on a month-to-month basis, providing flexibility for the new owner. The property's condition and location suggest potential for increased rental income. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a highly desirable coastal location. The asking price is $590,000.

Property profile

Verified
Property type Residential income homes
Lot 0.59 ac (25,700 SF)
UPID US50-0288407

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1311 Father Ryan Ave Biloxi, MS 39530
Biloxi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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