$255,000
$255,000
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6 Beds
4 Baths
2,500 SqFt
SOLD DATE : 08/31/2026
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $102
Subdivision Orleans Place
MLS Listing ID 4156344
Sold Date 08/31/26
Bedrooms 6
Full Baths 4
HOA Fees $66/mo
HOA Y/N Yes
Year Built 2010
Annual Tax Amount $1,957
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions Lt128
Property Sub-Type Multi Family
Source MLS United
Property 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 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.
Location
State MS
County Jackson
Community Pool
Interior
Interior Features High Ceilings
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Driveway, Paved
Pool Outdoor Pool
Community Features Pool
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Front Porch
Garage No
Private Pool Yes
Building
Foundation Chainwall
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Balcony
New Construction No
Others
HOA Fee Include Pool Service,Other
Tax ID 0-61-30-128.000
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