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207 Decelle St 4 Unit Apartment Building $357,030 CAD ($89,257 CAD/Unit) 10.77% Cap Rate Jackson, MS 39216



Executive Summary
Nestled in the heart of Jackson, MS, 207 Decelle St offers prime investment potential for the multifamily/low-rise/garden investor. Residents can explore the nearby Fondren district, renowned for its art galleries, boutiques, and lively music scene. The location also provides easy access to the University of Mississippi Medical Center and is just a short drive to the Mississippi Museum of Art and LeFleur's Bluff State Park. These newly renovated units present an enticing opportunity for those seeking a thriving multifamily investment.
Property Facts
| Price | $357,030 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $89,257 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 10.77% | Building Size | 2,000 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1959/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R - Residential District | ||
| Price | $357,030 CAD |
| Price Per Unit | $89,257 CAD |
| Sale Type | Investment |
| Cap Rate | 10.77% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2025 |
| Opportunity Zone |
Yes |
| Zoning | R - Residential District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 500 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0056-0021-002 | Improvements Assessment | $8,745 CAD |
| Land Assessment | $1,545 CAD | Total Assessment | $10,291 CAD |
Property Taxes
Parcel Number
0056-0021-002
Land Assessment
$1,545 CAD
Improvements Assessment
$8,745 CAD
Total Assessment
$10,291 CAD
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207 Decelle St
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