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Tupelo Multi-Family Investment Opportunity

100-124 Mickey Ln., Tupelo, MS 38826

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For Sale

$1,590,000

Multi-Family - Tupelo, MS

Type:Multi Family

Property size:

16,400 SF

Lot size:

1.25 Acres

Price / SF:

$96/SF

HighLights

Portfolio of 7 duplexes (14 units) offers a significant investment opportunity.
Two units are established, fully furnished Airbnb rentals providing immediate income.
12 units have long‑term tenants, ensuring consistent rental income.
Located in a desirable, secluded area of West Tupelo.
All units are well‑maintained, single‑level, 2 bed/1 bath, built in 2004.
Unit sizes are 1000 sq ft (Airbnb) and 1200 sq ft (long‑term rentals).

We can help!

Listing Contact

Meredith Martin ABR,AHWD,C2EX

For Sale

$1,590,000

Multi-Family - Tupelo, MS

Type:Multi Family

Property size:

16,400 SF

Lot size:

1.25 Acres

Price / SF:

$96/SF

Added:: Mar 17, 2026
Days on Market:: 98
Last Refresh:: Jun 22 at 12:06 pm

Property Features for 100-124 Mickey Ln.

General Information

Property type: Residential Multi Family
Property subtype: Multi Family
Zoning: Multi Family
Standard status: Active
Size: 16,400 SF
Lot size: 1.25 Acres

Taxes and HOA fees

Tax Annual Amount: 16376.68

Building Details

Floors in Building: 1
Architectural style: Other

We can help!

Listing Contact

Meredith Martin ABR,AHWD,C2EX

Listing agent Meredith Martin ABR,AHWD,C2EX License #S-50834

Listing office TM REALTORS 210 E. Main St., TUPELO, MS 38804, Tupelo, MS

Listing date Mar 17, 2026

MLS# 26-892 Listing URL

Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Portfolio of 7 duplexes (14 units) offers a significant investment opportunity.
Two units are established, fully furnished Airbnb rentals providing immediate income.
12 units have long‑term tenants, ensuring consistent rental income.
Located in a desirable, secluded area of West Tupelo.
All units are well‑maintained, single‑level, 2 bed/1 bath, built in 2004.
Unit sizes are 1000 sq ft (Airbnb) and 1200 sq ft (long‑term rentals).

Overview

This multi-family property in Tupelo, MS, presents an investment opportunity with 14 total units across 7 duplexes. Located off Endville Road on Mickey Lane in West Tupelo, the property occupies a 1.25-acre lot. The property includes two furnished units, each 1,000 square feet, currently utilized as short-term rentals. The remaining 12 units, each 1,200 square feet, are occupied by long-term tenants. Constructed in 2004, all units feature a one-level layout with two bedrooms and one bathroom. The total property size is 16,400 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$159.4k	$9.72
− Vacancy	−$12.0k	−$0.73
EGI	$147.5k	$8.99
− OpEx	−$44.2k	−$2.70
NOI	$103.2k	$6.29

16,400 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.47M

$1.29M – $1.72M (±1% cap)

NOI $103,217 @ 7.0% cap · market cap 6.49%

Second Best

Apartment 5plus

$1.31M

$1.15M – $1.53M (±1% cap)

NOI $91,714 @ 7.0% cap · market cap 5.77%

Theoretical Best

Office A

$3.08M

$2.69M – $3.59M (±1% cap)

NOI $215,598 @ 7.0% cap · market cap 13.56%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Map

City: Tupelo
County: Lee
State: Mississippi
Longitude: -88.806653
Latitude: 34.315288

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For sale
Multifamily properties
MS
Tupelo
38826
100-124 Mickey Ln.

What type of property is this?

Multifamily property - Fourteen-unit multi-family property in Tupelo, Mississippi, with investment potential.

Where is this multifamily property located?

The property is located at 100-124 Mickey Ln. Tupelo, MS.

What is the asking price?

The asking price for this property is $1,590,000.

What are key features of this property?

This property features: Portfolio of 7 duplexes (14 units) offers a significant investment opportunity.; Two units are **established, fully furnished Airbnb rentals providing immediate income.**; 12 units have long‑term tenants, ensuring consistent rental income.

100-124 Mickey Ln., Tupelo, MS 38826

Multi-Family - Tupelo, MS

Property Features for 100-124 Mickey Ln.

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Warehouse and Showroom Building

Warehouse with Multiple Dock Doors

Tupelo Commercial Building For Sale

Art Deco Office Building

Tupelo Automotive Business Opportunity

Commercial Property in High-Traffic Area

Self-Storage Facility with 10x20 Units

Tupelo Commercial Property on Main

Flex Office and Multi-Purpose Building

Tupelo Commercial Property For Sale

Renovated Commercial Space in Tupelo

Tupelo Commercial Property For Sale

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