Gulfport - Beach Property For Sale #7303129

This multifamily in Gulfport MS delivers five income producing units on one parcel with $4,325 current monthly rent and upside to $4,625. Investor ready with long term tenants in place, major system upgrades completed, and immediate cash flow potential near the Gulf Coast. Located at 2219 31st Street, this rare asset includes four houses on one 0.33 acre lot, including one duplex, for a total of five rental units with 8 bedrooms and 7 full baths across 4,007 heated square feet. Three standalone single family homes plus one duplex create flexible rental strategy options for portfolio builders and 1031 exchange buyers seeking scale in one acquisition. All units are tenant occupied with established rental history. Plumbing and electrical systems were upgraded in 2020. HVAC systems and water heaters were replaced in 2019. The duplex received a new roof in 2023. Each unit offers washer and dryer hookups, public sewer and water service, and no HOA restrictions. Flood insurance is not required. Annual property taxes are $3,295. Positioned south of I-10 in Gulfport within Harrison County, the property benefits from proximity to downtown Gulfport, the Port of Gulfport, area casinos, Navy Sea Bee Base and Keesler AFB, supporting consistent rental demand. This 8-bedroom multifamily in Gulfport MS presents stabilized income today with measurable rent growth potential. Showings require a minimum 24 hour notice and must be coordinated due to tenant occupancy. Please do not disturb tenants.