Estimated payment $1,686/month
Highlights
- Very Popular Property
- Enclosed Parking
- Ceiling Fan
- Community Lake
- Central Air
- 2 Car Garage
About This Home
Investor Special! Two Homes, One Price - Cash Flow from Day One! Here's your chance to own not one, but TWO income-producing properties on a single lot for just $278,000! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income--well above the 1% rule! Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes. Opportunities like this are rare--two homes, one property, fully rented, and priced to sell. Don't miss it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,528
Year Built
- Built in 1951
Lot Details
- 26,572 Sq Ft Lot
- Rectangular Lot
- Front Yard
Parking
- 2 Car Garage
- 2 Carport Spaces
- Enclosed Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
- Siding
Interior Spaces
- 3,210 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Schools
- Gary Road Elementary School
- Byram Middle School
- Terry High School
Utilities
- Central Air
- Heating Available
- Water Heater
- Cable TV Available
Community Details
- Lake Ridgelea Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 4854-0833-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,454 | $16,056 | $1,200 | $14,856 |
| 2024 | $2,454 | $15,686 | $1,200 | $14,486 |
| 2023 | $2,454 | $12,675 | $800 | $11,875 |
| 2022 | $1,950 | $12,675 | $800 | $11,875 |
| 2021 | $1,624 | $12,675 | $800 | $11,875 |
| 2020 | $1,583 | $12,570 | $800 | $11,770 |
| 2019 | $1,574 | $12,570 | $800 | $11,770 |
| 2018 | $1,574 | $12,570 | $800 | $11,770 |
| 2017 | $680 | $6,407 | $800 | $5,607 |
| 2016 | $680 | $6,407 | $800 | $5,607 |
| 2015 | $671 | $6,350 | $800 | $5,550 |
| 2014 | $658 | $6,350 | $800 | $5,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $278,000 | +42.6% | $87 / Sq Ft | |
| 09/14/2023 09/14/23 | Sold | -- | -- | -- | View Prior Sale |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- | |
| 07/19/2023 07/19/23 | For Sale | $195,000 | +50.0% | $61 / Sq Ft | |
| 11/09/2018 11/09/18 | Sold | -- | -- | -- | View Prior Sale |
| 10/12/2018 10/12/18 | Pending | -- | -- | -- | |
| 07/17/2018 07/17/18 | For Sale | $130,000 | -- | $64 / 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 |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $129,706 | FHA | |
| Previous Owner | $134,696 | FHA |
About the Listing Agent
I am a 45+ year resident of the Jackson Metro area and the Team Leader of the Mississippi Home Team. Wherever you're looking to buy, sell, or invest in the state of Mississippi, we've got you covered. For the past several years, we averaged nearly 100 closing a year, giving us the knowledge, experience, and expertise to get you to the closing table.
Michael's Other Listings
Source: MLS United
MLS Number: 4146101
APN: 4854-0833-000
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Ask me questions while you tour the home.