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1128 Robinson Street 128 Robinson Street 2 Unit Apartment Building $64,900 ($32,450/Unit) 17.39% Cap Rate Jackson, MS 39203
Executive Summary
RENT READY DUPLEX!!! Spacious apartments. City water and sewer. Washer and dryer in each unit. Good condition. Will easily renty for $650 each side. Will not last, hurry up! 17%+ NET RETURN ON INVESTMENT!!! Management is available.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$15,600
|
$8.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$15,600
|
$8.97
|
| Taxes |
$720
|
$0.41
|
| Operating Expenses |
$3,592
|
$2.07
|
| Total Expenses |
$4,312
|
$2.48
|
| Net Operating Income |
$11,288
|
$6.49
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $15,600 |
| Annual Per SF | $8.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $15,600 |
| Annual Per SF | $8.97 |
| Taxes | |
|---|---|
| Annual | $720 |
| Annual Per SF | $0.41 |
| Operating Expenses | |
|---|---|
| Annual | $3,592 |
| Annual Per SF | $2.07 |
| Total Expenses | |
|---|---|
| Annual | $4,312 |
| Annual Per SF | $2.48 |
| Net Operating Income | |
|---|---|
| Annual | $11,288 |
| Annual Per SF | $6.49 |
Property Facts
| Price | $64,900 | Building Class | C |
| Price Per Unit | $32,450 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 1,739 SF |
| Cap Rate | 17.39% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF - multifamily | ||
| Price | $64,900 |
| Price Per Unit | $32,450 |
| Sale Type | Investment |
| Cap Rate | 17.39% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 1,739 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1928 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | MF - multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $650.00 | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0132-0028-000 | Total Assessment | $3,710 (2025) |
| Land Assessment | $975 (2025) | Annual Taxes | $720 ($0.41/SF) |
| Improvements Assessment | $2,735 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0132-0028-000
Land Assessment
$975 (2025)
Improvements Assessment
$2,735 (2025)
Total Assessment
$3,710 (2025)
Annual Taxes
$720 ($0.41/SF)
Tax Year
2026
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1128 Robinson Street | 128 Robinson Street