About 1450 E Gibson Street
Welcome to Gibson Street Apartments, a 34-unit multifamily community located at 1450 East Gibson Street. This income-producing property features 7 solid block buildings, each built on slab foundations and recently updated with new roofs. Most units have been renovated, and every unit includes a refrigerator, microwave, and stove. All utilities are individually metered, including electric and water, and the property is connected to city water and sewer. A common-area laundry room is located on-site, though it is not currently in active use. This is a well-positioned opportunity for investors seeking stable income with strong value-add by activating the laundry room and upgrading the remaining classic units. The location offers strong rental appeal with key amenities just minutes away. Within one mile, you’ll find DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus, making this an ideal setting for long-term tenants, students, and local workforce housing.
Features of 1450 E Gibson Street
| MLS® # | C7518538 |
|---|---|
| Price | $4,300,000 |
| Bedrooms | 56 |
| Bathrooms | 38.00 |
| Square Footage | 24,987 |
| Acres | 3.35 |
| Year Built | 1983 |
| Type | Residential Income |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Listing Details
| Office | SELLSTATE VISION REALTY |
|---|
Listing Map
Neighborhood Information for 1450 E Gibson Street
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Desoto County High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
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Desoto County Adult Education Center Public - 9Th Grade to 12Th Grade |
0 Miles | |
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Hospital And Homebound Public - Kindergarten to 12Th Grade |
0 Miles | |
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Reduced Services Public - Kindergarten to 12Th Grade |
0 Miles | |
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Desoto Alternative Program Public - 6Th Grade to 12Th Grade |
0 Miles | |
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Desoto Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
0 Miles | |
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|
Memorial Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles |
School data provided by GreatSchools