Closed
Price Unknown
644 25th St, Gulfport, MS 39501
3beds
1,950sqft
Multi Family, Triplex
Built in 1944
-- sqft lot
$172,500 Zestimate®
$--/sqft
$1,146 Estimated rent
Home value
$172,500
$148,000 - $198,000
$1,146/mo
Zestimate® history
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What's special
High-Demand, Low-Tax Investment - Triplex in Gulfport, MS
Discover the extraordinary potential of this exceptional investment opportunity in the thriving city of Gulfport, Mississippi. This competitively priced triplex houses three highly sought-after rental units, serving as a prime investment asset for those seeking a consistent income stream.
The property features two larger units, consistently rented for $1,100 and $1,000 per month respectively, and a smaller top unit currently vacant to enable hassle-free showings - previously rented for $700 per month. With a solid track record of full occupancy and vacancies usually filled within 30 days, this property proves the high demand for housing in the area.
Over the past year, this property has consistently produced $2,800 per month, amounting to an annual income of $33,600. The advantage of low property taxes further bolsters the attractiveness of this triplex, marking it as an outstanding addition to any investment portfolio.
The property's location is a key draw for tenants. Its close proximity to Gulfport's vibrant downtown, the beautiful Mississippi beaches, and a thriving cultural scene enhances the appeal of this investment opportunity.
Though the property may require some enhancements, it is aggressively priced at $158,000, reflecting its current condition. Given its history of consistent rental income and high demand, this property promises a considerable return on investment. Don't miss this golden opportunity — schedule your showing today!
Zillow last checked: 9 hours ago
Listing updated: November 14, 2024 at 07:17pm
Listed by:
Alessandra C Aviz 228-282-0528,
New Trend Realty
Bought with:
Philip J Leblanc, S30047
Coldwell Banker Alfonso Realty-Lorraine Rd
Source: MLS United,MLS#: 4048985
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Window Unit(s)
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 3,920 sqft
Details
- Parcel number: 0911d02039.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Siding
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Gulfport
- Subdivision: Hewes
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2023 | Sold | -- |
Source: MLS United #4048985 | ||
| 6/5/2023 | Pending sale | $158,000$81/sqft |
Source: MLS United #4048985 | ||
| 6/2/2023 | Price change | $158,000-14.6%$81/sqft |
Source: MLS United #4048985 | ||
| 5/31/2023 | Listed for sale | $185,000+131.4%$95/sqft |
Source: MLS United #4048985 | ||
| 8/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,333 +13.1% | $10,104 +16% |
| 2023 | $1,178 | $8,712 |
| 2022 | $1,178 | $8,712 -85% |
Find assessor info on the county website
Neighborhood: 39501
Nearby schools
GreatSchools rating
- 3/10Central Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Gulfport Central Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Gulfport High SchoolGrades: 9-12Distance: 1.4 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$172,500
2% more+ $3,450
With Zillow Showcase(estimated)
$175,950


