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207 Decelle St 4 Unit Apartment Building $259,900 ($64,975/Unit) 10.77% Cap Rate Jackson, MS 39216
EXECUTIVE SUMMARY
Nestled in the heart of Jackson, MS, 207 Decelle St offers prime investment potential for the multifamily/low-rise/garden investor. Residents can explore the nearby Fondren district, renowned for its art galleries, boutiques, and lively music scene. The location also provides easy access to the University of Mississippi Medical Center and is just a short drive to the Mississippi Museum of Art and LeFleur's Bluff State Park. These newly renovated units present an enticing opportunity for those seeking a thriving multifamily investment.
PROPERTY FACTS
| Price | $259,900 | Apartment Style | Low-Rise |
| Price Per Unit | $64,975 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 10.77% | Building Size | 2,000 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1959/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R - Residential District | ||
| Price | $259,900 |
| Price Per Unit | $64,975 |
| Sale Type | Investment |
| Cap Rate | 10.77% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2025 |
| Opportunity Zone |
Yes |
| Zoning | R - Residential District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 500 |
1 1
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207 Decelle St
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