$3,250,000

Estimated payment $20,731/month

1 Bed
1 Bath
23,220 Sq Ft
$140 Price per Sq Ft

Highlights

  • Gated Community
  • Wood Flooring
  • Home Security System
  • 0.53 Acre Lot
  • Walk-In Closet
  • Central Air

About This Home

City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking for an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access — a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof — Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.

Listing Agent

Rimes Dinkins

Madison Properties, Inc. License #B24517 Listed on: 06/09/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $38,312

Year Built

  • Built in 1941

Lot Details

  • 23,087 Sq Ft Lot
  • Fenced

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 23,220 Sq Ft Home
  • 3-Story Property
  • Elevator

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0040-0004-025

Community Details

Overview

  • 24 Units
  • Mid-Rise Community
  • City View Subdivision

Security

  • Gated Community

Property Details

Home Type

Apartment

Est. Annual Taxes

$38,312

Year Built

Built in 1941

Lot Details

0.53 Acres

Listing Details

  • Unit Levels: Three Or More
  • Prop. Type: Residential Income
  • Structure Type: Midrise 3-6 Floors
  • Year Built: 1941
  • Lot Size Acres: 0.53
  • Subdivision Name: City View
  • New Construction: No
  • General Property Information:List PriceSqFt: 139.97
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • BasementFeaturesBasement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Wood, Tile
  • Furnished: No
  • Appliances: Cooktop, Disposal, Refrigerator, Dishwasher, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Water Heater

Exterior Features

  • Lot Features: Fenced
  • Property Condition: Updated/Remodeled
  • Roof: Other
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • Waterfront: No
  • General Property Information:Accessibility Features: No
  • Foundation Details: Slab, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Gated Community, Smoke Detector(s), Security System
  • Cooling: Central Air
  • Utilities: Natural Gas Available, Sewer Available, Natural Gas in Kitchen
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Parcel #: 0040-0004-025
  • Lot Size Sq Ft: 23086.8

Tax Info

  • Tax Annual Amount: 38312.0
  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 24

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $38,312 $197,168 $21,170 $175,998
2024 $37,063 $192,686 $21,170 $171,516
2023 $37,366 $194,263 $21,170 $173,093
2022 $37,384 $194,263 $21,170 $173,093
2021 $37,380 $194,263 $21,170 $173,093
2020 $36,672 $191,690 $21,170 $170,520
2019 $36,703 $191,690 $21,170 $170,520
Source: Public Records

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
06/09/2026 06/09/26 For Sale $3,250,000 -- $140 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4152159

MLS United
Your Personal Tour Guide

Ask me questions while you tour the home.