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2401 Esplanade Street

Ocean Springs, MS 39564
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Bed 6

Bed

Bath 4

Bath

Acres0.11

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $255,000

AD Id : 88174999

MLS Id : 4156344

Beds : 6

Lot Size : 0.11 Acre

Year Built : 2010

County : Jackson

Subdivision: Pga Resort

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    High Ceilings Roof: Shingle Appliances: Dishwasher, Microwave, Refrigerator Laundry Features: In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2010 Building Area Total: 2500 Construction Materials: HardiPlank Type Stories: 2 Patio And Porch Features: Front Porch Pool Features: Outdoor Pool, Private Private Pool: Yes Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: Lt128 Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Square Feet: 4791.6

    Property Information

    Subdivision: Orleans Place Source Property Type: Residential Property SubType: Multi Family Levels: Two Property Age: 16

  • Listing Price Information

    Listing Price: $255000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 0-61-30-128.000 Tax Year: 2025 Annual Tax: $1957 Tax Legal Desc: LOT 128 ORLEANS PLACE PH I PB 23-71 DB 1952-816 (207 MAP783.08)

  • Parking Information

    Parking Total: 4 Driveway, Paved
    Homeowners Association Information
    Has Association: Yes HOA: $66.00 Community Features: Pool

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.

ByOwner last updated this listing 07/26/2026 @ 19:30

MLS: 4156344 LISTED BY: Carl Watson, Century 21 Busch Realty Group 228-324-1715 SOURCE: MLS United LLC

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