51 Business 7, Abbeville, MS 38601 (MLS# 4155198)

51 Business 7, Abbeville, MS 38601

New Listing

$150,000

Virtual Tour

https://www.propertypanorama.com/51-Business-7-Abbeville-MS-38601/unbranded

Property Type: Residential Bedrooms: 3 Square Footage: 1,162 Lot Size (sq. ft.): 20,909 Status: Active

Current Price: $150,000 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

Description

Located in the highly sought-after Lafayette County School District and just 15 minutes from Ole Miss, this 3-bedroom, 2-bath home sits on a fully fenced 0.48-acre lot. Whether you're searching for a primary residence, investment property, or future rental, this home offers plenty of potential. The property needs some TLC but provides an excellent opportunity to make improvements over time while building equity. Its convenient location near Oxford and the University of Mississippi makes it appealing for both homeowners and investors alike. With strong short-term or long-term rental possibilities, this property could be a great addition to your portfolio or a place to call home. Don't miss this opportunity to purchase in a desirable area at an affordable price. Selling as-is.

Listing Details MLS# 4155198

General Property Information

Property Sub Type: Single Family Residence
New Construction: No
Approx Lot Size Acres: 0.48
Approx H/C SqFt: 1162
SqFt Source: Public Records
List Price/SqFt: 129.09
Year Built Known: Yes
Year Built: 1960
Year Built Source: Public Records
Carport Spaces: 2
Total Floors: 2
Bedrooms Total: 3
Bathrooms Full: 2
Fireplace: No
Pool: No
School District: Lafayette CO Dist
Elementary School: Lafayette
Elementary School 2: Lafayette
Home Warranty: No
Accessibility Features: No
Garage Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: House Levels: Two Interior Features: Split Plan Bathroom Features: 5 Foot Tub; Walk-In Shower Appliances: None Walls - Interior: Paneling; Wood Flooring: Wood Cooling: Window Unit(s) Heating: Propane Utilities: Cable Available; Electricity Available; Propane Available; Propane Sewer: Septic Tank Water Source: Community Foundation Details: Block; Conventional Listing Terms: 1031 Exchange; Cash; Conventional Roof: Metal Exterior Features: Gas and Propane hookup Fencing: Chain Link Driveway Features: Gravel Drive Parking Features: Attached Carport; Gravel Waterfront Features: None Water Heater: Electric Disclosures: As Is

Address and Location Information

Street Number: 51
Street Name: Business 7
County: Lafayette
State: MS
Zip Code: 38601
Parcel Number: 038-34-022.00
PPIN: 019442
Subdivision: Metes And Bounds
Community Of: N/A

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 913
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: A LOT IN SE1/4 SE1/4 SW1/4 S34 T06 R03 DP20140 DD10/8/2014

Showing Requirements

Showing: Appointment Required
Appointment Phone: 6625448109

More Information

Remarks & Miscellaneous

Public Remarks: Located in the highly sought-after Lafayette County School District and just 15 minutes from Ole Miss, this 3-bedroom, 2-bath home sits on a fully fenced 0.48-acre lot. Whether you're searching for a primary residence, investment property, or future rental, this home offers plenty of potential. The property needs some TLC but provides an excellent opportunity to make improvements over time while building equity. Its convenient location near Oxford and the University of Mississippi makes it appealing for both homeowners and investors alike. With strong short-term or long-term rental possibilities, this property could be a great addition to your portfolio or a place to call home. Don't miss this opportunity to purchase in a desirable area at an affordable price. Selling as-is.

Structure Type

House: Yes

Levels

Two: Yes

Sewer

Septic Tank: Yes

Water Source

Community: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Waterfront Features

None: Yes

Interior Features

Split Plan: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Propane Available: Yes
Propane: Yes

Bathroom Features

5 Foot Tub: Yes
Walk-In Shower: Yes

Appliances

None: Yes

Walls - Interior

Paneling: Yes
Wood: Yes

Flooring

Wood: Yes

Cooling

Window Unit(s): Yes

Heating

Propane: Yes

Foundation Details

Block: Yes
Conventional: Yes

Exterior Construction/Siding

Metal Siding: Yes

Roof

Metal: Yes

Exterior Features

Gas and Propane hookup: Yes

Fencing

Chain Link: Yes

Driveway Features

Gravel Drive: Yes

Parking Features

Attached Carport: Yes
Gravel: Yes

Water Heater

Electric: Yes

Disclosures

As Is: Yes

Listing Office: Five Star Realty LLC

Listing Agent: Justin A Mitchell

Last Updated: July - 08 - 2026