$647,500

500 Franklin St Natchez, MS 39120

Estimated payment $4,193/month

Total Views 3,071
5 Beds
3.5 Baths
5,500 Sq Ft
$118 Price per Sq Ft

Highlights

  • Open Floorplan
  • Marble Flooring
  • High Ceiling
  • Freestanding Bathtub
  • Corner Lot
  • 4-minute walk to Memorial Park

About This Home

Own a piece of history in the heart of downtown Natchez with this stunning multi-use building, built in 1890 and filled with original architectural details. Upstairs features two spacious residential units—one a luxurious 2BR/2.5BA with intricate plaster work, ornate interior columns, gold gilded accents, gas stove, and fabric wallpapered half bath. The second 2BR/2BA unit has a chic warehouse vibe, both with soaring ceilings, original strip wood floors, massive original windows with views of Franklin and Commerce, and heavy wood doors. The grand foyer boasts marble floors, an elevator, and wide plank original stairs. Downstairs includes a flexible 1BR/1BA unit perfect as a residence, office, or boutique. A separate large commercial space is ready for renovation with tons of potential. Original plasterwork, cornices, and crown molding add to the building's grandeur. A rare opportunity to invest in downtown Natchez with residential, commercial, and historical value. Roof replaced in 2025. Property is approved for the Balcony Initiative—should be completed in 2026. Historic Tax Credits still available! All measurements and information is approx., buyers should verify.

Last Listed By

Shannon Melton

River Park Realty License #S56854 Listed on: 05/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Private Entrance
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Wood Frame Window
  • Entrance Foyer
  • Laundry in unit

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Freestanding Bathtub
  • Separate Shower

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Accessible Approach with Ramp
  • City Lot

Community Details

  • No Home Owners Association
  • Downtown Ntz Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0004-0004-0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,817

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Structure Type: Multi Family
  • Year Built: 1890
  • Lot Size Acres: 0.09
  • Subdivision Name: Downtown Ntz
  • New Construction: No
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Range, Dishwasher, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Elevator, Entrance Foyer, Granite Counters, High Ceilings, His and Hers Closets, Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Treatments, Wood Frames
  • Fireplace: No
  • ResoLivingAreaSource: Estimated
  • Interior Features:Granite Counters: Yes
  • Kitchen Features:Granite Counters2: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Bathroom Features:Separate Tub Shower: Yes
  • Interior Features:Entrance Foyer: Yes
  • Kitchen Features:Custom Cabinets: Yes
  • Bathroom Features:Free Standing Tub: Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Built-In Electric Range: Yes
  • Interior Features:Elevator2: Yes
  • Appliances:Gas - Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Private Entrance
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: City Lot, Corner Lot
  • Roof: Flat
  • Waterfront Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Stucco
  • General Property Information:Accessibility Features: Yes
  • Lot Features:City Lot: Yes
  • Window Features:Wood Frames: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Waterfront Features:None7: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Unit, Inside
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Lot Info

  • Parcel #: 0004-0004-0002
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6817.0
  • Tax Year: 2024

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
05/18/2025 05/18/25 For Sale $647,500 -- $118 / Sq Ft
Source: MLS United

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Source: MLS United

MLS Number: 4113697

MLS United