NOT LISTED FOR SALE

5 Vernon Ln Unit AB Jackson, MS 39204

South Jackson Neighborhood

Estimated Value: $12,000 - $114,000

4 Beds
4 Baths
1,972 Sq Ft
$40/Sq Ft Est. Value

Last Sold November 10, 2023

Current estimated payment $521/month

61 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2023

Income Producing Duplex in Jackson! This sale includes the full Duplex (side A&B). Each side is 2 bedrooms 1.5 Baths. Property is tenant occupied by Long-Term Tenants and has a lot of opportunity to revise and increase rent. Being sold in as-is condition. Some updates and upgrades are likely needed. Photos were recently taken and show the current condition. Please contact your preferred Real Estate Agent for more information about this property or to submit an offer. Property has been 100% occupied for over 10 years. Same tenants. Currently rented below market value and there has not been an increase since 2012. Great opportunity with this property to refresh and increase rental rates. Unit A Rental Rate $567/month Unit B Rental Rate $600/month. ***NOTICE: NO SHOWINGS OR VIEWINGS OF THIS PROPERTY UNTIL AFTER A CONTRACT IS ACCEPTED TO RESPECT CURRENT TENANTS.*** Contract to be contingent upon Buyer being satisfied with the property after having the ability to view and inspect the interior and exterior. Please DO NOT disturb tenants, do not knock on the doors, do not walk on or around the property. Drive by on public street only until a contract is accepted.

Last Agent to Sell the Property

Derek Havard

Havard Real Estate Group, LLC License #B22193 Listed on: 09/19/2023

Last Buyer's Agent

Mary Andress

Proper Grounds License #S58559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units
  • Mcdowell Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0837-0066-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Unit Levels: One
  • Parking Features Parking Total: 4.0
  • Prop. Type: Residential Income
  • Structure Type: Duplex
  • Year Built: 1988
  • Lot Size Acres: 0.16
  • Subdivision Name: Mcdowell Square
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: ***PLEASE READ ALL AGENT REMARKS*** All offers must include an acceptable proof of funds letter to be considered. (1) NO SHOWINGS OR VIEWINGS OF THIS PROPERTY UNTIL AFTER A CONTRACT IS ACCEPTED. (2) Contract to be contingent upon Buyer being satisfied with the property after having the ability to view and inspect the interior and exterior. If Buyer is not satisfied with the property after being able to physically view and inspect, Buyer can terminate without penalty. (3) Please DO NOT disturb tenants, do not knock on the doors, do not walk on or around the property. Drive by on public street only until a contract is accepted. (4) Listing Agent/Broker is a member of the LLC owner of this property. (5) General Information about this property to share with your Client is uploaded under Documents. There is also a PCDS uploaded. (6) My email address is derek@hgroupms.com (7) Please text me at 601-672-8147 with any questions and I will be more than happy to help you. I look forward to working with you!
  • General Property Information:List PriceSqFt: 45.13
  • General Property Information:New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Furnished: No
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Architectural Shingles
  • WaterfrontFeaturesWaterfront: No
  • Construction Type: Brick
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Concrete3: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, See Remarks
  • Water Source: Public
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 0837-0066-023
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1280.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2015
Sold by
Havard Donald L and Havard Jill B
Bought by
Havard Properties Llc
Current Estimated Value
$79,288

Purchase Details

Closed on
Jun 22, 2012
Sold by
Aurora Loan Services Llc
Bought by
Havard Donald L and Havard Jill B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Havard Properties Llc -- Attorney
Havard Donald L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold -- -- --
09/25/2023 09/25/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $89,000 0.0% $45 / Sq Ft
09/19/2023 09/19/23 For Sale $89,000 -10.1% $45 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $99,000 -- $50 / Sq Ft
Source: MLS United

Tax History Compared to Growth

Source: Public Records

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 $1,286 $6,650 $1,500 $5,150
2024 $1,286 $6,650 $1,500 $5,150
2023 $1,286 $6,650 $1,500 $5,150
2022 $1,280 $6,650 $1,500 $5,150
2021 $1,280 $6,650 $1,500 $5,150
2020 $1,244 $6,500 $1,500 $5,000
2019 $1,245 $6,500 $1,500 $5,000
2018 $1,231 $6,500 $1,500 $5,000
2017 $1,199 $6,500 $1,500 $5,000
2016 $1,199 $6,500 $1,500 $5,000
2015 $1,156 $6,456 $1,500 $4,956
2014 $1,154 $6,456 $1,500 $4,956
Source: Public Records

Agents Affiliated with this Home

  • Derek Havard

    Seller's Agent in 2023

    Derek Havard

    Havard Real Estate Group, LLC

    (601) 672-8147

    2 in this area

    308 Total Sales

    Derek Havard
    Section Image

  • M

    Buyer's Agent in 2023

    Mary Andress

    Proper Grounds

    (601) 724-4000

    14 in this area

    51 Total Sales

    Mary Andress
    Section Image
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Map

Source: MLS United

MLS Number: 4054124

MLS United

APN: 0837-0066-023

Mississippi Hinds County Jackson 39204 South Jackson

5 Vernon Ln Unit AB, Jackson, MS

Not Listed for Sale

MultiFamily

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

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