$249,000
$30K PRICE DROP

115 O Ferrell Ave Jackson, MS 39209

West Jackson Neighborhood

Estimated payment $1,683/month

Total Views 5,676
28 Beds
14 Baths
5,763 Sq Ft
$43 Price per Sq Ft

Highlights

  • 1 Acre Lot
  • Traditional Architecture
  • No HOA

About This Home

CASH OFFERS ONLY, PLEASE. When we say cash, we mean ''money in the bank'' cash. Call for offers until end of July. Please give us your highest best cash offer with POF. This is a 14 unit apartment complex located close to the Jackson Zoo. It has potential to generate over $8,000.00 a month in income. The complex is undergoing a change in tenant occupancy currently (6.4.25) consequently, there is limited income and expense figures to provide. Improvements were made to the interior and exterior of both buildings within the last year. There is room on the property to build a third building to increase income potential. This property, when fully rented, should produce income enough to have a strong positive cash flow. Units will be shown only with an acceptable contract and satisfactory proof of funds.

Listing Agent

Paul Flood

Paul Flood Real Estate License #B6869 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1969

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 5,763 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 14 Full Bathrooms

Schools

  • Jackson Elementary School
  • Betty Mae Jack Middle School
  • Provine High School

Additional Features

  • 1 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • No Home Owners Association
  • 14 Units
  • West Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,842

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Structure Type: Multi Family
  • Year Built: 1969
  • Lot Size Acres: 1.0
  • Subdivision Name: West Park
  • Directions: From I220, exit W. Capitol St, go east about a mile, then left on O'Ferrell ...
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 14
  • Total Bedrooms: 28
  • Furnished: No
  • Owner Pays: Taxes, Water

Exterior Features

  • Exterior Features: Other
  • Foundation Details: Slab
  • Roof: Asphalt Shingle
  • Patio And Porch Features: Other
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick Veneer
  • General Property Information:Accessibility Features: No
  • Exterior Features Other3: Yes
  • Waterfront Features:None7: Yes
  • Patio And Porch Features:Other24: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Heating:Other18: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Jackson
  • High School: Provine
  • Middle Or Junior School: Betty Mae Jack

Lot Info

  • Parcel #: 120-123
  • Lot Size Sq Ft: 43560.0

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 3842.0
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $249,000 -10.8% $43 / Sq Ft
05/08/2025 05/08/25 For Sale $279,000 0.0% $48 / Sq Ft
03/13/2025 03/13/25 Off Market -- -- --
03/12/2025 03/12/25 For Sale $279,000 +179.0% $48 / Sq Ft
04/08/2024 04/08/24 Sold -- -- --
02/21/2024 02/21/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $100,000 -33.3% $17 / Sq Ft
02/07/2024 02/07/24 For Sale $150,000 0.0% $26 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $150,000 -- $26 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4106537

MLS United

APN: 0120 0123 000

Mississippi Hinds County Jackson 39209 West Jackson

115 O Ferrell Ave, Jackson, MS

This home is located at 115 O Ferrell Ave, Jackson, MS 39209 and is currently priced at $249,000, approximately $43 per square foot. This property was built in 1969. 115 O Ferrell Ave is a home located in Hinds County with nearby schools including Lake Elementary School, Hardy Middle School, and Provine High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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Listing Agent
Paul Flood
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Paul Flood Real Estate
(601) 488-1315