Duplex & Multi Family For Sale in 39501, MS

Four units. Two producing income. Two ready for their next tenants! This brick fourplex offers investors an opportunity to step into an income-producing property with room to grow. Two units are currently leased at $925 per month each, while the remaining two are vacant and ready for a new tenant. At full occupancy, that's a potential $3,700 in monthly gross rental income! Each unit features a practical 2-bedroom, 1-bath layout with an open-concept kitchen and living area, a small private patio, and a separate laundry room accessed from the back patio. The property also offers paved parking for tenant convenience. Tucked toward the back of an established neighborhood near the Seabee base, the location provides convenient access to nearby employment and everyday necessities. Tenants are responsible for their own utilities, with the owner covering water and lawn care. Whether you're looking to add to an existing portfolio or purchase your first multifamily investment, this property offers established rental income and the opportunity to increase revenue by leasing the two vacant units. Half occupied, with the other half ready to start working for you! Marketing package coming soon!

EXCEPTIONAL INVESTMENT OPPORTUNITY — TWO BLOCKS FROM THE BEACH! An outstanding opportunity to own three rental units on two adjoining parcels in a desirable Gulfport neighborhood! Perfect for investors seeking rental income or owner-occupants who want to live in a beautifully renovated home while collecting rent from two additional units. The property includes a charming 3-bedroom, 1-bath single-family home at 832 Woodward Avenue, plus a detached A-frame duplex at 830 Woodward Avenue, featuring a one-bedroom lower unit and studio unit upstairs. The main residence has undergone extensive renovations, including an updated kitchen with granite countertops, solid wood cabinetry and newer appliances; a beautifully renovated bathroom; professionally refinished original oak floors; new HVAC and ductwork; a new electric water heater; and numerous additional improvements. The two duplex units were renovated in the last 12 months and are in excellent condition. The duplex is being sold furnished, and both units are currently occupied by month-to-month tenants, offering immediate rental income of $2,050 monthly. The main residence is vacant and ready for an owner-occupant or new tenant. Rental financials are available upon request. Ideally located just two blocks from the beach, with convenient access to downtown Gulfport, Island View Casino and Memorial Hospital and Navy base. Both parcels are being offered as a package. Offered at $325,000 FIRM. A unique opportunity to acquire three income-producing rental units near the beach and NOT in a flood zone. Buyer and buyer's agent to verify all measurements, parcel information, rental income, expenses, permitted uses and other property details.

Unique 8,100-square-foot lot featuring a duplex and a separate single-family home! The duplex has 3 bedrooms and 1 bathroom, plus an upstairs Unit with 2 bedrooms and 1 bathroom. The single-family home is occupied and offers 3 bedrooms and 2 bathrooms. With three residences on one lot, this property offers flexible options for investors or buyers interested in living in one unit while renting the others.

Great Investment Opportunity! This well-located duplex offers the flexibility to rent both units for investment income or live in one unit while renting the other. Situated on a quiet dead-end street, the property offers added privacy, with each unit featuring its own fenced-in backyard. One unit is currently occupied and rented for $800 per month, while the second unit is vacant and ready for a new tenant or owner occupant. Whether you're looking to expand your rental portfolio or offset your living expenses, this property offers plenty of potential!

Investment opportunity! This 4-plex is situated on a corner lot and offers four separate units, each featuring 2 bedrooms and 1 bathroom. The property includes two units on the upper level and two units on the lower level, providing multiple rental income possibilities. Offered at an attractive price, this property presents an excellent opportunity for investors looking to add value through updates and improvements. Units do require repairs and renovation, making this an ideal project for those seeking a value-add investment. Convenient layout, income potential, and a corner lot location make this one worth considering

Fantastic investment opportunity with multiple income-generating units and utilities included in the rent. This property offers a variety of unit sizes to accommodate different tenant needs while providing consistent rental income. A great addition to any investment portfolio with established rental rates and utility-inclusive leases. Current Rental Rates: Unit A: $595/month Unit B: $895/month Unit C: $1,195/month All units include utilities.

PRICE IMPROVEMENT — NOW $629,900, $105,100 BELOW ORIGINAL LIST. Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport — one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath apartments plus one studio. The twelve apartments, in three residential buildings, are 100% leased and generate $8,490/month ($101,880/year). At the new price that is $48,454 per unit and a 6.18x gross rent multiplier. THREE COMPONENTS AT NO ASSIGNED VALUE. All current income comes from the twelve apartments. A buyer also receives a vacant 600 SF commercial space, a non-operating on-site laundry, and a vacant studio apartment that needs renovation. Each is a near-term income project requiring capital and effort only — no rezoning, no entitlement, no repositioning risk. RENTS ARE RISING. Three units renewed this summer at higher rents on terms running into 2027, and five of the twelve apartments now lease at $725. In-place rents average $708 against a Gulfport market of $850-$1,100+ for comparable 2-bedroom units, leaving meaningful upside through ordinary turnover with no displacement. Bring the studio, commercial space, and laundry online and stabilized gross potential approaches $13,100/month. DOCUMENTED OPERATING PICTURE. Property taxes on both parcels total $6,456/year. Insurance runs $13,125/year on the owner's existing policy. Water and sewer on the master meter run approximately $862/month; dumpster is owner-paid. Two years of QuickBooks P&Ls, a unit-by-unit rent roll, executed leases, tax records, and utility billing are available to qualified buyers, along with a full investor offering package. Built 1979, 8,700 SF on 0.62 acres in Kennelworth Park. Zoned commercial/multifamily. The property completed a full round of buyer due diligence earlier this year and returned to market on a buyer financing failure, not an inspection issue. Seller is motivated. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Do not disturb tenants — showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.

BACK ON THE MARKET DUE TO BUYER FINANCING. Conveniently located in central Gulfport. This newly updated, income producing, all brick duplex is now awaiting its new owner! BOTH units are tenant occupied. It is close to the Seabee base, Memorial hospital, downtown eateries and shops and less than 2 miles from the beach! This property does not require flood insurance and features two units both with 2 bedrooms and 2 baths. Both units have a stove, refrigerator, Microwave, dishwasher and washer/dryer hookups. Tenants currently in place in both units and requires 24hr notice to show. Unit A $1100 and Unit B $1050. Water and Electric are on seperate meters for both units. Schedule your appointment today!

Vacant fixer upper. Possible 3-5 units. Half a block from Hwy 49. Zoned T-4.

Investor Opportunity | 5-Unit Apartment Building | Value-Add Potential Unfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential. Planned layout includes: Total (15 bedrooms, 5 bathrooms) Three upstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Two downstairs units — each with 3 bedrooms, 1 bath, kitchen, and living room Situated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units. Major upgrades already completed in 2025: Brand-new metal roof Brand-new wood privacy fence enclosing the entire property Fresh exterior paint Two new French double doors Five new mailboxes This is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.

Great investor opportunity. 3bedroom 2bath fixer 1073 square foot each side. Newer roof. Both sides vacant and available together for $160K. Sold as-is. Call for details.

INCOME OPPORTUNITY! Half of a 3/2 duplex, 1073 sqft, with newer roof but needs TLC. Other half of duplex, 2013 32nd Ave is also available (same price). Together they are available for $160K. Great rental income. Part of a 28 home pkg.

Great investment opportunity in this 3/2 brick duplex. Both sides rented, B-side at below market value ($795) on a month to month lease. A-side is freshly painted and rented for $1100/mth. A-side is on Supra and both have a newer roof.

Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along with interior upgrades such as vinyl plank flooring, updated mechanicals, and fresh paint throughout. A shared washer/dryer utility adds additional tenant convenience and retention value. Current rents range $775-$800, with one furnished unit at $925, producing $6,520/month in gross income with room for future upside. Located south of the tracks in a mostly owner-occupied area near Island View Casino, retail, dining, and essential services. This is an ideal setting for long-term renter stability. A clean, updated, cash flowing asset in a prime coastal location. Excellent long-term hold with immediate income.