9142 Railroad Avenue, Olive Branch, MS 38654 (MLS# 4147867)

9142 Railroad Avenue, Olive Branch, MS 38654

New Listing

$329,000

Adorable, restored historic home on a secluded 2 acre +/- lot in the heart of Olive Branch near Old Town ~ Turnaround Drive, Front Porch Living - NEW 30-Year Architectural Roof installed 2022

Wide Front Porch, Transoms Above Entry Door and Front Window, Ring Doorbell Camera

Front Entry, Tall Ceilings, Center Brick FP

Incredible, beautiful restored wood floors, updated lighting

Alternate view shows beautiful bookshelves to the ceiling

Updated with tile floors and walk-in shower

wood floors, wide baseboard, wall paneling

Next to bedrooms 2,3 updated with Tile Shower

Step back in Time ~ Ivy Magnolia has been a great AirBnB

Property Type: Commercial Sale Bedrooms: 3 Square Footage: 1,842 Lot Size (sq. ft.): 108,900 Status: Active

Current Price: $329,000 List Date: 4/30/2026 Last Modified: 4/30/2026

Overview

Description

Commercial Office or Investment Potential ~ Could be professional office with convenient access to City Hall ~ Could also make a good long-term or short-term rental Updated and Remodeled Historic Home on a private 2.5 acre lot in the heart of Olive Branch near Old Town District ~ 3 Bedrooms, 2 Bathrooms, and Front/Rear Porches with 1842sf ~ Circular Drive welcomes you as you step back in time to a charming 100 year old restored home ~ Gorgeous refinished hardwood floors throughout ~ 11 Foot Ceilings in the main Living Room with decorative brick FP, heavy baseboards, over-sized window, and transoms ~ Open Dining Room connects to a separate Family Room / Keeping Room with Wood Paneling and Built-In Bookshelves ~ Kitchen has a Breakfast Area, Double Windows, Stainless Appliances including Fridge, LVP flooring, and tons of counter and cabinet space ~ Primary Bedroom has 11' Ceilings, Fan, wood floors, and 2 large closets ~ Primary Bath has been updated with furniture granite vanity, f ... (Read more)

Listing Details MLS# 4147867

General Property Information

Approx Lot Size Acres: 2.5
Approx H/C SqFt: 1842
SqFt Source: Appraiser
List Price/SqFt: 178.61
Number of Lots: Yes
Year Built Known: Yes
Divisible: No
Year Built: 1905
Year Built Source: Owner
Total Floors: Yes
Bedrooms Total: 3
Bathrooms Full: 2
Fireplace: Yes
Fireplaces Total: Yes
Pool: No
School District: Desoto CO Dist
Elementary School: Olive Branch
Intermediate School: Olive Branch
Middle or Junior School: Olive Branch
High School: Olive Branch
Accessibility Features: Yes
Property Sub Type: Office
New Construction: No
Bathrooms Three Quarter: 0

Property Features

Business Type: Bed & Breakfast; Historical; Hospitality; Professional Service; Professional/Office; Residential Current Use: Investment; Vacant; See Remarks Possible Use: Commercial; Investment; Office; Residential; Single Family Commercial Features: Employee Restrooms; Fiber Optic Available; Living Space Available; Public Restroom(s); Rest Rooms Structure Type: House Ceiling Height: 8' - 10.9'; 11' - 12.9' Lot Features: Irregular Lot; Many Trees; Subdivided; Wooded Location: Airport 3+ Miles; Downtown; Historic Area Levels: One Square Footage Description: Ofc. Bldg Up to 2500 SF Expenses Include: Electric; Insurance; Maintenance; Taxes; Trash Removal; Water/Sewer Walls - Interior: Paneling; Sheetrock Lighting: Security Flooring: Carpet; Ceramic Tile; Hardwood; Vinyl; Wood Window Features: Window Treatments Accessibility Features: Accessible Approach with Ramp Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Fiber to the House Sewer: Public Sewer Water Source: Public Foundation Details: Conventional Listing Terms: 1031 Exchange; Cash; Conventional Sale Options: See Remarks Roof: Architectural Shingles Driveway Features: Circular Drive; Turnaround Drive Parking Features: On Site; Open Additional Transportation: Airport 3+ Miles; City Street Pool Features: None Water Heater: Tankless Price Includes: All Appliances; Building and Land Available Documents: Survey Disclosures: None Approx Age Code: Older 25+ Years

Address and Location Information

Street Number: 9142
Street Name: Railroad
Street Suffix: Avenue
County: DeSoto
State: MS
Zip Code: 38654
Nearest Cross Street: Old Goodman Rd
Parcel Number: 1068270030001800
Subdivision: Olive Branch
Directions to Property: Hwy 305 to Goodma Rd ~ Turn East toward Old Town ~ Go Past City Hall and Turn Left on Railroad just past Hwy 178 ~ Take Railroad Ave down a bit and property is on the Right
Community Of: N/A

Listing Information

Property Sub Type: Office
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 1124
Tax Year: 2025
Zoning: Single Family Residential
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Legal Description: 27-1-6 PT LOT 2 BLK 1 OLIVE BRANCH IN

Commercial Features

% Leased: 32
Business Included: No
Expandable: No
Number of Restrooms: 2
Number of Rooms: 9
Employee Restrooms: Yes
Fiber Optic Available: Yes
Living Space Available: Yes
Public Restroom(s): Yes
Rest Rooms: Yes

More Information

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Location

Airport 3+ Miles: Yes
City: Yes
Downtown: Yes
Historic Area: Yes

Remarks & Miscellaneous

Public Remarks: Commercial Office or Investment Potential ~ Could be professional office with convenient access to City Hall ~ Could also make a good long-term or short-term rental Updated and Remodeled Historic Home on a private 2.5 acre lot in the heart of Olive Branch near Old Town District ~ 3 Bedrooms, 2 Bathrooms, and Front/Rear Porches with 1842sf ~ Circular Drive welcomes you as you step back in time to a charming 100 year old restored home ~ Gorgeous refinished hardwood floors throughout ~ 11 Foot Ceilings in the main Living Room with decorative brick FP, heavy baseboards, over-sized window, and transoms ~ Open Dining Room connects to a separate Family Room / Keeping Room with Wood Paneling and Built-In Bookshelves ~ Kitchen has a Breakfast Area, Double Windows, Stainless Appliances including Fridge, LVP flooring, and tons of counter and cabinet space ~ Primary Bedroom has 11' Ceilings, Fan, wood floors, and 2 large closets ~ Primary Bath has been updated with furniture granite vanity, framed mirror, tile floors, and tile shower ~ Bedrooms 2 and 3 are nicely-sized with ceiling fans and double windows next to an Updated Bathroom 2 with tile floors and walk-in tile shower ~ Great Laundry Room with shelving and Washer/Dryer are included ~ Outside find a great Rear Porch and a Detached garage / shop ~ Additional Features: NEW 30-Year Architectural Shingle Roof in 2022, Ring Doorbell Camera, Tankless Water Heater, Attic space, all public utilities, fiber internet, and more. Great opportunity with several possible uses, including commercial and residential.

Current Use

Investment: Yes
Vacant: Yes
See Remarks: Yes

Structure Type

House: Yes

Possible Use

Commercial: Yes
Investment: Yes
Office: Yes
Residential: Yes
Single Family: Yes

Income & Expenses

Annual Electric Expense: 3000
Annual Water/Sewer Expense: 780
Gross Operating Income: 25000
See Remarks: Yes

Business Type

Bed & Breakfast: Yes
Historical: Yes
Hospitality: Yes
Professional Service: Yes
Professional/Office: Yes
Residential: Yes

Lot Features

Irregular Lot: Yes
Many Trees: Yes
Subdivided: Yes
Wooded: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Fiber to the House: Yes

Ceiling Height

8' - 10.9': Yes
11' - 12.9': Yes

Walls - Interior

Paneling: Yes
Sheetrock: Yes

Square Footage Description

Ofc. Bldg Up to 2500 SF: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Hardwood: Yes
Vinyl: Yes
Wood: Yes

Window Features

Window Treatments: Yes

Expenses Include

Electric: Yes
Insurance: Yes
Maintenance: Yes
Taxes: Yes
Trash Removal: Yes
Water/Sewer: Yes

Accessibility Features

Accessible Approach with Ramp: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Conventional: Yes

Sale Options

See Remarks: Yes

Exterior Construction/Siding

Brick: Yes
HardiPlank Type: Yes

Roof

Architectural Shingles: Yes

Driveway Features

Circular Drive: Yes
Turnaround Drive: Yes

Parking Features

On Site: Yes
Open: Yes

Lighting

Security: Yes

Pool Features

None: Yes

Water Heater

Tankless: Yes

Price Includes

All Appliances: Yes
Building and Land: Yes

Available Documents

Survey: Yes

Disclosures

None: Yes

Additional Transportation

Airport 3+ Miles: Yes
City Street: Yes

Approx Age Code

Older 25+ Years: Yes

Uncovered Parking?

1-25 Spaces: Yes

Religious/Church Features

None: Yes

Listing Office: Crye-Leike Of MS-SH

Listing Agent: Donnie R Chambliss

Last Updated: April - 30 - 2026