1201 W Main Street, Tupelo, MS 38801

New Listing
$215,000
Property Type: Res Income Multi-Fam Bedrooms: 7 Square Footage: 2,031 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $215,000 List Date: 7/09/2026 Last Modified: 7/09/2026

Overview

Description

Income-Producing 4-Plex in the Heart of Tupelo! Fantastic opportunity to add a fully occupied multifamily property to your investment portfolio. Located at 1201 W Main St, this property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a desirable mix of floor plans for long-term rental demand. Each unit is currently leased at $800 per month, providing immediate cash flow from day one. Conveniently situated near downtown Tupelo, shopping, restaurants, schools, and major employers, this property combines strong occupancy with an excellent location. Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey property offers stable rental income and long-term upside.

Listing Details MLS# 4155253

General Property Information

# of Units Included in Sale
3
Approx Lot Size Acres
0.26
Approx H/C SqFt
2031
SqFt Source
Public Records
List Price/SqFt
105.86
Year Built Known
Yes
Year Built
1938
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
7
Bathrooms Full
4
Furnished
No
Accessibility Features
No
New Construction
No
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Architectural Style: Other Lot Features: Corner Lot; Front Yard Levels: Two Interior Features: Ceiling Fan(s) Fireplace Features: Other; See Remarks Appliances: None Cooling: Ceiling Fan(s); Central Air Heating: Central; Fireplace(s) Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Owner May Carry Roof: Shingle Exterior Features: None Patio And Porch Features: Deck Parking Features: On Site Waterfront Features: None Water Heater: Other; See Remarks

Address and Location Information

Street Number
1201
Street Direction
W
Street Name
Main
Street Suffix
Street
County
Lee
State
MS
Zip Code
38801
Parcel Number
077r-36-055-00
PPIN
024577
Subdivision
None
Community Of
N/A

Listing Information

Listing Service
Limited Service

Tax and Financial Information

Tax Annual Amount
408.63
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 NW1/4 SE1/4 BK 0610 PG 20106/29/2006

Parking Features

Parking Total
10
On Site
Yes

More Information

Waterfront Features

Waterfront
No
None
Yes

Showing Requirements

Showing
Appointment Required

Remarks & Miscellaneous

Public Remarks
Income-Producing 4-Plex in the Heart of Tupelo! Fantastic opportunity to add a fully occupied multifamily property to your investment portfolio. Located at 1201 W Main St, this property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a desirable mix of floor plans for long-term rental demand. Each unit is currently leased at $800 per month, providing immediate cash flow from day one. Conveniently situated near downtown Tupelo, shopping, restaurants, schools, and major employers, this property combines strong occupancy with an excellent location. Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey property offers stable rental income and long-term upside.

Structure Type

Multi Family
Yes

Architectural Style

Other
Yes

Lot Features

Corner Lot
Yes
Front Yard
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Owner May Carry
Yes

Interior Features

Ceiling Fan(s)
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Fireplace Features

Other
Yes
See Remarks
Yes

Appliances

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes
Fireplace(s)
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Shingle
Yes

Exterior Features

None
Yes

Patio And Porch Features

Deck
Yes

Water Heater

Other
Yes
See Remarks
Yes
Listing Office: Sell Your Home Services, LLC.
Listing Agent: Daniel Demers
Source MLS Verified
Last Updated: July - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.