2401 Esplanade Street, A & B, Ocean Springs, MS 39564

New Listing
$255,000
Property Type: Residential Bedrooms: 6 Square Footage: 2,500 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $255,000 List Date: 7/18/2026 Last Modified: 7/18/2026

Overview

Description

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 ...

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
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

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)

Parking Features

Parking Total
4
Driveway
Yes
Paved
Yes

More Information

Showing Requirements

Showing
Appointment Required
Appointment Phone
800-746-9464

Attic Features

Attic
No

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
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.

Structure Type

Duplex
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Association Fee Includes

Pool Service
Yes
Other
Yes

Interior Features

High Ceilings
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Laundry Features

In Unit
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Foundation Details

Chainwall
Yes

Exterior Construction/Siding

HardiPlank Type
Yes

Roof

Shingle
Yes

Exterior Features

Balcony
Yes

Patio And Porch Features

Front Porch
Yes

Driveway Features

Paved Drive
Yes

Community Features

Pool
Yes

Pool Features

Outdoor Pool
Yes

Water Heater

40 Gallons or Less
Yes
Electric
Yes

Disclosures

None
Yes
Listing Office: Century 21 Busch Realty Group
Listing Agent: Carl Watson
Source MLS Verified
Last Updated: July - 18 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.