397 John Day Road, Canton, MS 39046

New Listing
$74,900
Property Type: Residential Bedrooms: 2 Square Footage: 1,751 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $74,900 List Date: 5/11/2026 Last Modified: 5/11/2026

Overview

Description

Opportunities like this don't stay on the market long in today's climate. Positioned in a growing area with strong rental and resale demand, this property offers the kind of upside investors actively search for but rarely find at this entry point. With the right vision, it can be transformed into a standout asset with significant value potential. The property sits on a generous lot in a quiet, established setting and already carries the foundation of a structure that can be reworked, updated, or reimagined depending on your exit strategy. Whether you're looking to flip, hold as a rental, or add to a long-term portfolio, the flexibility here is what makes it compelling. Inventory like this is becoming increasingly scarce, and deals with this level of spread between acquisition cost and potential value don't last. Serious investors understand the importance of acting quickly when the numbers and location align, this is one of those situations. Bring your contractor, run your numbers, ...

Listing Details MLS# 4148972

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Approx Lot Size Acres
Yes
Approx H/C SqFt
1751
SqFt Source
Owner
List Price/SqFt
42.78
Year Built Known
Yes
Year Built
1977
Year Built Source
Other
Total Floors
Yes
Bedrooms Total
2
Bathrooms Full
Yes
Fireplace
Yes
Fireplaces Total
Yes
Pool
No
School District
Madison CO Dist
Elementary School
Luther Branson
Elementary School 2
Luther Branson
Intermediate School
None
Middle or Junior School
Shirley D. Simmons
High School
Velma Jackson
Home Warranty
No
Accessibility Features
No
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: See Remarks Architectural Style: See Remarks Levels: One Fireplace Features: Other; See Remarks Appliances: Other Cooling: Window Unit(s) Heating: Fireplace(s) Utilities: Other Sewer: Septic Tank Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Asphalt Exterior Features: Other Parking Features: Driveway

Address and Location Information

Street Number
397
Street Name
John Day
Street Suffix
Road
County
Madison
State
MS
Zip Code
39046
Parcel Number
105h-33-042-00-00
PPIN
36344
Subdivision
Metes And Bounds
Community Of
N/A

Listing Information

Listing Service
Limited Service

Tax and Financial Information

Tax Annual Amount
945
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
1A FRONT ON GRAVEL RD ON N/S HW 16 NW 1/4 NE 1/4

Parking Features

Parking Total
2
Driveway
Yes

More Information

Showing Requirements

Showing
Appointment Required
Appointment Phone
(678) 786-1422

Remarks & Miscellaneous

Public Remarks
Opportunities like this don't stay on the market long in today's climate. Positioned in a growing area with strong rental and resale demand, this property offers the kind of upside investors actively search for but rarely find at this entry point. With the right vision, it can be transformed into a standout asset with significant value potential. The property sits on a generous lot in a quiet, established setting and already carries the foundation of a structure that can be reworked, updated, or reimagined depending on your exit strategy. Whether you're looking to flip, hold as a rental, or add to a long-term portfolio, the flexibility here is what makes it compelling. Inventory like this is becoming increasingly scarce, and deals with this level of spread between acquisition cost and potential value don't last. Serious investors understand the importance of acting quickly when the numbers and location align, this is one of those situations. Bring your contractor, run your numbers, and move fast, opportunities in this range are typically spoken for before they ever get a second look.

Structure Type

See Remarks
Yes

Architectural Style

See Remarks
Yes

Levels

One
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Other
Yes

Fireplace Features

Other
Yes
See Remarks
Yes

Appliances

Other
Yes

Cooling

Window Unit(s)
Yes

Heating

Fireplace(s)
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Asphalt
Yes

Exterior Features

Other
Yes
Listing Office: Sell Your Home Services, LLC.
Listing Agent: Daniel Demers
Last Updated: May - 11 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.