$399,500
PENDING $51K PRICE DROP

1520 22nd Avenue Heights Meridian, MS 39301

Estimated payment $2,696/month

Total Views 14,159
3 Beds
2 Baths
2,500 Sq Ft
$160 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • No HOA
  • 1-Story Property
  • Deck
  • Front Porch
  • Central Heating and Cooling System

About This Home

Welcome to this exceptional investment opportunity—a sprawling 4-acre property that seamlessly combines historical charm with modern rental income potential. The centerpiece of this unique estate is an Antebellum-style main house, built in 1940, featuring a large front porch perfect for relaxing and enjoying time with family and friends. This timeless main home offers 3 bedrooms and 2 bathrooms, living room, Formal Dining Space and Kitchen.
The property is not just about the main house; a paved road leads you to an impressive collection of 14 additional homes, and the potential for a 15th, each currently rented, providing a steady stream of income. These homes vary from cozy 1-bedroom, 1-bath to 2-bedroom, 1-bath dwellings, catering to a diverse range of tenants and maximizing your investment potential.
For those interested in sustainable living and self-sufficiency, the property offers ample space for a flourishing garden and a designated area for keeping chickens, right by the main house. This not only enhances the country living experience but also offers a genuine homesteading opportunity.
This property is truly one-of-a-kind and must be seen in person to truly appreciate its unique charm and potential. Don't miss out on the chance to own a piece of history while securing your financial future with this remarkable investment.

Listing Agent

Tabatha Johnson

Cowan Realty Group Listed on: 10/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1940

Lot Details

  • 4 Acre Lot

Home Design

  • Shingle Roof
  • Metal Roof
  • Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Front Porch

Additional Homes

  • Additional Residence on Property
  • Residence on Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084-20-3-0000-000-00300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,806

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Structure Type: Multi Family
  • Year Built: 1940
  • Lot Size Acres: 4.0
  • Subdivision Name: Metes And Bounds
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplace Features:Living Room2: Yes
  • Appliances:Gas Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Oven - Gas: Yes

Exterior Features

  • Disclosures: Investment
  • Exterior Features: Other
  • Foundation Details: Conventional
  • Roof: Metal, Shingle
  • Other Structures: Residence, Second Residence
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Construction Type: Siding
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Front Porch: Yes
  • Driveway Features:Paved Drive: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features Other3: Yes

Garage/Parking

  • Parking Features: On Site, Paved
  • Attached Garage: No
  • Parking Features:On Site: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Lot Info

  • Parcel #: 084-20-3-0000-000-00300
  • Lot Size Sq Ft: 174240.0

Tax Info

  • Tax Annual Amount: 6806.0
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,451 $42,246 $0 $0
2023 $6,806 $38,297 $0 $0
2022 $6,806 $38,297 $0 $0
2021 $6,691 $38,297 $0 $0
2020 $6,566 $38,297 $0 $0
2019 $6,347 $37,023 $0 $0
2018 $6,347 $0 $0 $0
2017 $6,347 $246,820 $18,500 $228,320
2016 $6,347 $246,820 $18,500 $228,320
2015 $6,042 $234,950 $22,000 $212,950
2014 $6,206 $241,310 $22,000 $219,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $399,500 -11.2% $160 / Sq Ft
10/17/2024 10/17/24 For Sale $450,000 -- $180 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4094316

MLS United

APN: 084-20-3-0000-000-00300