2401 Esplanade Street, A & B, Ocean Springs, MS 39564
$260,000
Property Type:
Residential
Bedrooms:
6
Square Footage:
2,500
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$260,000
List Date:
7/18/2026
Last Modified:
9/03/2026
Overview
Description
...
(Read more)
Turnkey investment opportunity with an assumable FHA loan at just 3.7% (subject to lender approval and buyer qualification)! This well-maintained duplex features two spacious units, each offering 1,250 square feet with 3 bedrooms and 2 full bathrooms. Unit A occupies the entire upper level and features a private balcony, while Unit B offers convenient ground-level access with a welcoming front porch. Both units are currently tenant-occupied, providing immediate rental income from day one. Each unit is separately metered for electricity and water, allowing tenants to pay their own utilities, while the owner is responsible only for the HOA dues. Washer and dryer hookups are available in both units, and the washer and dryer in Unit A will convey with the sale. Positioned in one of the most desirable locations within the community, this duplex sits directly across from the neighborhood pool and enjoys the added benefit of no neighboring property on one side, thanks to the adjacent vacant lot. These features provide a more open feel, additional privacy, and a setting that stands out from many other duplexes in the subdivision. Conveniently located near shopping, dining, entertainment, Keesler Air Force Base, downtown Ocean Springs, and within the highly regarded St. Martin School District, this property offers an excellent opportunity for investors seeking immediate cash flow with long-term appreciation potential. Income-producing duplexes with assumable low-interest financing are rarely available, making this an exceptional opportunity to secure both immediate cash flow and below-market financing. Whether you're looking to expand your portfolio or purchase your first income-producing property, this duplex combines strong rental appeal, an exceptional location within the neighborhood, and the rare opportunity to assume an FHA loan with a 3.7% interest rate (subject to lender approval and buyer qualification). Schedule your showing today.
Listing Details MLS# 4156344
General Property Information
- Property Sub Type
- Multi Family
- New Construction
- No
- Approx Lot Size Acres
- 0.11
- Lot Size Dimensions
- Lt128
- Approx H/C SqFt
- 2500
- SqFt Source
- Estimated
- List Price/SqFt
- 102
- Year Built Known
- Yes
- Year Built
- 2010
- Year Built Source
- Owner
- Total Floors
- 2
- Bedrooms Total
- 6
- Bathrooms Full
- 4
- Fireplace
- No
- Pool
- Yes
- School District
- Jackson CO Dist
- Home Warranty
- No
- Accessibility Features
- No
Property Features
Structure Type:
Duplex
Levels:
Two
Association Fee Includes:
Pool Service; Other
Interior Features:
High Ceilings
Appliances:
Dishwasher; Microwave; Range; Refrigerator
Walls - Interior:
Sheetrock
Flooring:
Carpet; Vinyl
Laundry Features:
In Unit
Cooling:
Central Air; Electric
Heating:
Central; Electric
Utilities:
Electricity Connected; Sewer Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Chainwall
Listing Terms:
Cash; Conventional; FHA; VA Loan
Roof:
Shingle
Patio And Porch Features:
Front Porch
Exterior Features:
Balcony
Driveway Features:
Paved Drive
Parking Features:
Driveway; Paved
Community Features:
Pool
Pool Features:
Outdoor Pool
Water Heater:
40 Gallons or Less; Electric
Disclosures:
None
Address and Location Information
- Street Number
- 2401
- Street Name
- Esplanade
- Street Suffix
- Street
- County
- Jackson
- State
- MS
- Zip Code
- 39564
- Unit #
- A & B
- Parcel Number
- 0-61-30-128.000
- PPIN
- 783.08-00-0207.00
- Subdivision
- Orleans Place
- N or S of I-10
- S
- N or S of CSX Railroad Track
- N
- Community Of
- St. Martin
Listing Information
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 1957
- Tax Year
- 2025
- Homestead Y/N
- Yes
- Additional Exemptions Y/N
- No
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Association
- Yes
- Association Fee
- 66
- Association Fee Frequency
- Monthly
- Covenants Y/N
- No
- Legal Description
- LOT 128 ORLEANS PLACE PH I PB 23-71 DB 1952-816 (207 MAP783.08)
Status Change Info
- Contract Date/Pending Date
- 2026-08-11
- Closing Date
- 2026-08-31
- Appraised SqFt
- 2417
- Sold Price/SqFt
- 104
More Information
Parking Features
- Parking Total
- 4
Showing Requirements
- Showing
- Appointment Required
- Appointment Phone
- 800-746-9464
Attic Features
- Attic
- No
Basement Features
- Basement
- No
Listing Office:
Century 21 Busch Realty Group
Listing Agent:
Carl Watson

Last Updated: September - 03 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
