Property tax on 4-plex in Gulfport

Property tax on 4-plex in Gulfport

Rental Property Investor · Covington, LA · Member since 2016 · 54 posts · 17 votes

I was running the numbers on a 4-plex in the Gulfport area and was shocked at the property tax amount.  A property listed for under 200k is paying $1,200 per unit in annual property taxes for a total of $4,800.

Is that right? 

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  • Investor · Gulfport, MS · Member since 2014 · 18 posts · 15 votes
    9y
    That sounds awfully high to me. We are buying a parcel with 3 duplexes and 1 fourplex on it and the taxes are about 6k or $1500 per building, or $600 per unit. Where did you get that number from? We called the county tax assessor.
  • Rental Property Investor · Covington, LA · Member since 2016 · 54 posts · 17 votes
    9y

    From the listing agent!

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