1226 43rd Avenue, Gulfport, MS 39501 (MLS# 4155237)

1226 43rd Avenue, Gulfport, MS 39501

$660,000

Virtual Tour

https://www.propertypanorama.com/1226-43rd-Avenue-Gulfport-MS-39501/unbranded

Property Type: Res Income Multi-Fam Bedrooms: 16 Square Footage: 8,034 Lot Size (sq. ft.): 38,768 Status: Active

Current Price: $660,000 List Date: 7/09/2026 Last Modified: 7/24/2026

Overview

Description

Owner prefers to sell the bundle of 12 altogether, a 7-plex, 2 duplexes, and one house all on the same street, 43rd Av. near Memorial Hospital, west Gulfport. Current rent: $6,640 with a potential for: $9,070 when fully rented at current rent of $79,680/Year less expenses of $7,123 = $72,557 NOI or 10.99% Cap Rate. 7-Plex and both duplexes are separately metered. Tenants pay for water, sewer, and electric on 7-plex and both duplexes. Owner pays for utilities on house. No Flood Zone, near Broad Av. and 15th St. which is primarily medical with new clinics in the area. Island View and Beach View Casinos, Gulfport CBD, beaches are within 3 miles away. INFO NEEDS TO BE INDEPENDENTLY VERIFIED FOR MOST CURRENT.

Listing Details MLS# 4155237

General Property Information

# of Units Included in Sale: 12
Approx Lot Size Acres: 0.89
Approx H/C SqFt: 8034
SqFt Source: Assessor
List Price/SqFt: 82.15
Year Built Known: Yes
Year Built: 1965
Year Built Source: Assessor
Total Floors: Yes
Bedrooms Total: 16
Bathrooms Full: 12
Furnished: No
School District: Gulfport Dist
Accessibility Features: No
New Construction: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Other Lot Features: City Lot Levels: One Pets Allowed: Cats OK; Dogs OK Bathroom Features: 6 Foot Tub; Walk-In Shower Walls - Interior: Sheetrock Flooring: Ceramic Tile Door Features: Dead Bolt Lock(s) Cooling: Central Air; Ductless Heating: Ductless; Heat Pump Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Conventional; Slab Listing Terms: 1031 Exchange; Cash; Conventional Roof: Shingle Exterior Features: None Parking Features: Common Community Features: Near Entertainment Waterfront Features: None Water Heater: Electric Lease Term: Month To Month Approx Age Code: Older Home 25+ Years

Address and Location Information

Street Number: 1226
Street Name: 43rd
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39501
Parcel Number: 0711j-01-017.000
PPIN: 036045
Subdivision: Virginia Hill
N or S of I-10: S
N or S of CSX Railroad Track: N

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 4723
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: 3 Different parcels included in sale. See documents for all legal descriptions.

Waterfront Features

Waterfront: No
None: Yes

More Information

Showing Requirements

Showing: Appointment Required

Remarks & Miscellaneous

Public Remarks: Owner prefers to sell the bundle of 12 altogether, a 7-plex, 2 duplexes, and one house all on the same street, 43rd Av. near Memorial Hospital, west Gulfport. Current rent: $6,640 with a potential for: $9,070 when fully rented at current rent of $79,680/Year less expenses of $7,123 = $72,557 NOI or 10.99% Cap Rate. 7-Plex and both duplexes are separately metered. Tenants pay for water, sewer, and electric on 7-plex and both duplexes. Owner pays for utilities on house. No Flood Zone, near Broad Av. and 15th St. which is primarily medical with new clinics in the area. Island View and Beach View Casinos, Gulfport CBD, beaches are within 3 miles away. INFO NEEDS TO BE INDEPENDENTLY VERIFIED FOR MOST CURRENT.

Structure Type

Other: Yes

Lot Features

City Lot: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes

Bathroom Features

6 Foot Tub: Yes
Walk-In Shower: Yes

Walls - Interior

Sheetrock: Yes

Flooring

Ceramic Tile: Yes

Door Features

Dead Bolt Lock(s): Yes

Cooling

Central Air: Yes
Ductless: Yes

Heating

Ductless: Yes
Heat Pump: Yes

Foundation Details

Conventional: Yes
Slab: Yes

Exterior Construction/Siding

Block: Yes
Brick: Yes
Wood Siding: Yes

Roof

Shingle: Yes

Exterior Features

None: Yes

Parking Features

Common: Yes

Community Features

Near Entertainment: Yes

Water Heater

Electric: Yes

Approx Age Code

Older Home 25+ Years: Yes

Lease Term

Month To Month: Yes

Documents

Realist Reports ›

RE Transfer Disclosure ›

Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd

Listing Agent: Sam Ford

Last Updated: July - 24 - 2026