1201 W Main St Tupelo, MS 38801
Willis Heights NeighborhoodEstimated payment $1,188/month
Highlights
- Deck
- Corner Lot
- Ceiling Fan
- Rankin Elementary School Rated A
- Central Air
- Front Yard
About This Home
Income-Producing 4-Plex in the Heart of Tupelo! Fantastic opportunity to add a fully occupied multifamily property to your investment portfolio. Located at 1201 W Main St, this property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a desirable mix of floor plans for long-term rental demand. Each unit is currently leased at $800 per month, providing immediate cash flow from day one. Conveniently situated near downtown Tupelo, shopping, restaurants, schools, and major employers, this property combines strong occupancy with an excellent location. Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey property offers stable rental income and long-term upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $409
Year Built
- Built in 1938
Lot Details
- 11,326 Sq Ft Lot
- Corner Lot
- Front Yard
Parking
- 10 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,031 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Central Air
- Cable TV Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 077r-36-055-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,968 | $21,828 | $0 | $0 |
| 2024 | $2,968 | $21,828 | $0 | $0 |
| 2023 | $2,537 | $18,606 | $0 | $0 |
| 2022 | $2,490 | $18,606 | $0 | $0 |
| 2021 | $2,490 | $18,606 | $0 | $0 |
| 2020 | $2,490 | $18,606 | $0 | $0 |
| 2019 | $2,309 | $17,255 | $0 | $0 |
| 2018 | $2,309 | $17,255 | $0 | $0 |
| 2017 | $2,301 | $17,255 | $0 | $0 |
| 2016 | $2,301 | $17,255 | $0 | $0 |
| 2015 | -- | $15,765 | $0 | $0 |
| 2014 | -- | $15,908 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $215,000 | -- | $106 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Warranty Deed | -- | None Available |
Source: MLS United
MLS Number: 4155253
APN: 077R-36-055-00
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.
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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