- For Sale Subject to Market
- Property Type Multi-Family
- Property Size 36,685 SF
- Units 64
- Lot Size 2.66 Acre
- Year Built 1950
- Year Renovated 2023
- Date Updated Sep 4, 2026
Description
The Value-Add Opportunity Property is located on Bailey Ave between Elm Street and Ash Street in Jackson, MS. 64 units all 2 bed 1 bath. 900 sf+/-The subject property is a 36,685 SF, Value-Add Opportunity consisting of 16, two-story multi-family buildings, that contain 64 units. All 64 units are 2 BR/1BA, each building has 4 units and there is a laundry facility on-site . The complex was built in 1950 and partially renovated in 2023 and is currently 90% occupied. The subject site consists of 2.66 acres, newly fenced and gated, on Bailey Avenue between Elm Street and Ash Street in Jackson, MS.
The current owner has invested $254,549 in various improvements such as unit renovations, installation of air conditioners and water heaters, roof repairs and exterior repairs.
The property is less than two miles from University Mississippi Medical Center, Millsaps College, Belhaven University and Mississippi Baptist Medical Center. The Jackson Amtrak Station is located within a mile of the property. It services the City of New Orleans passenger rail line, which traverses from Chicago to New Orleans. There are public bus lines along Bailey Ave.
Highlights
- 2.66 Acres
- 36,685 SF
- 64 Units
- 90% Occupancy
- Laundry Facility on Site
- Sixteen, 2-story Buildings
- Value-Add Opportunity
False
Contacts
Clayton Kirkland
NAI UCR Properties
Location
Located at 1225 Bailey Ave, Jackson, MS 39203, this property is part of the Georgetown neighborhood and Jackson market.
Contact Listing Broker
Clayton Kirkland
NAI UCR Properties