101 5th Avenue, Magee, MS 39111
New Listing
$349,900
Property Type:
Res Income Multi-Fam
Bedrooms:
2
Square Footage:
3,294
Lot Size (sq. ft.):
14,810
Status:
Active
Current Price:
$349,900
List Date:
6/22/2026
Last Modified:
6/22/2026
Listing Details MLS# 4153554
General Property Information
- # of Units Included in Sale
- 4
- Approx Lot Size Acres
- 0.34
- Approx H/C SqFt
- 3294
- SqFt Source
- Public Records
- List Price/SqFt
- 106.22
- Year Built Known
- Yes
- Year Built
- 1970
- Year Built Source
- Public Records
- Total Floors
- Yes
- Bedrooms Total
- 2
- Bathrooms Full
- Yes
- Furnished
- No
- School District
- Simpson CO Dist
- Elementary School
- Magee
- Middle or Junior School
- Magee
- High School
- Magee
- Accessibility Features
- No
- New Construction
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
Property Features
Structure Type:
Multi Family
Levels:
One
Laundry Features:
Outside
Cooling:
Electric
Heating:
Central
Utilities:
Electricity Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Cash; Conventional
Roof:
Metal
Exterior Features:
None
Patio And Porch Features:
None
Fencing:
None
Parking Features:
Parking Pad
Waterfront Features:
None
Approx Age Code:
Older Home 25+ Years
Parking Spaces:
1 Space Unit
Address and Location Information
- Street Number
- 101
- Street Name
- 5th
- Street Suffix
- Avenue
- County
- Simpson
- State
- MS
- Zip Code
- 39111
- Parcel Number
- 4069n0002303500
- Subdivision
- Metes And Bounds
- Community Of
- N/A
Listing Information
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 3544.98
- Tax Year
- 2025
- Homestead Y/N
- No
- Additional Exemptions Y/N
- No
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Association
- No
- Covenants Y/N
- No
- Legal Description
- Lot PT W 1/2 SE 1/4 SW 1/4 Unplatted Land SEC 31-1-6 DB 944-65 & 168 93
Parking Features
- Parking Total
- 4
- Parking Pad
- Yes
More Information
Showing Requirements
- Showing
- Appointment Required
Remarks & Miscellaneous
- Public Remarks
- Excellent investment opportunity in the heart of Magee! This well-maintained 4-unit multifamily property is 100% occupied and producing immediate income with a gross monthly rental income of approximately $2,900. Featuring a durable metal roof and low-maintenance exterior, this property offers strong cash flow potential with reduced ownership expenses.Conveniently located adjacent to Magee schools and close to shopping, dining, and everyday amenities, the property benefits from consistent rental demand and a solid tenant history. Each unit offers functional living space, dedicated parking, and easy access, making this an attractive option for both tenants and investors.Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this fully occupied four-plex presents a rare opportunity to own a stable, cash-flowing property in a desirable location. Don't miss your chance to secure this proven income-producing investment in one of Magee's established residential areas.
Structure Type
- Multi Family
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Waterfront Features
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Water Connected
- Yes
Laundry Features
- Outside
- Yes
Cooling
- Electric
- Yes
Heating
- Central
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Roof
- Metal
- Yes
Exterior Features
- None
- Yes
Patio And Porch Features
- None
- Yes
Fencing
- None
- Yes
Approx Age Code
- Older Home 25+ Years
- Yes
Parking Spaces
- 1 Space Unit
- Yes
Listing Office:
E Speed Realty
Listing Agent:
Kimberly D Walker
Last Updated: June - 22 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.