Search
Six-Unit Apartment Building
New
For Sale
$550,000

100 Elizabeth Street, Picayune, MS 39466

COMMERCIAL - Picayune, MS

Property Size4,650 SF
Lot Size0.24 Acres
Price / SF$118.28
Days on Market3

Property Features for 100 Elizabeth Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Subdivision Pearl River
Standard status Active
APN 6-17-5-15-001-050-3900
Size 4,650 SF
Lot size 0.24 Acres
Listing Agency: Real Broker LLC
Listed By: Amy Olson · License #S60640
Added: Aug 1 Changed: Aug 3 Last Checked: Aug 3 at 2:06PM
MLS# 189183

Copyright © 2026 Pearl River County 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.

Investment Insights

Based on property information with market context.

Located at 100 Elizabeth Street in Picayune, this six-unit apartment property contains three two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. The 4,650-square-foot building includes an established rental operation and an existing furnished corporate rental that has generated bookings through Airbnb, VRBO, and direct reservations.

The 0.24-acre property occupies a downtown corner with frontage on two streets. An adjoining parcel provides dedicated tenant parking, while municipal utilities serve the property. The asset is identified as being in Flood Zone X and includes a documented operating history. Its combination of conventional apartments and furnished corporate rental use provides multiple established income channels within one multifamily property.

Key Highlights

  • Six‑unit apartment property with three 2‑bedroom and three 1‑bedroom apartments
  • 4,650 square feet on a 0.24‑acre property
  • Downtown corner location at 100 Elizabeth Street with dual street frontage

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Big Box & Wholesale Store Cafe & Coffee Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby

Demographics for 39466, MS

27,897
Population
12,870
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
152.8 sq mi
ZIP Area
183
Density / Sq Mi
$50,926
Median Household Income
$32,889
Median Earnings
$907
Median Rent
$161,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Downtown corner property with dual street frontage, municipal utilities, and an adjoining parcel for tenant parking.
Where is this apartment building located?
The property is located at 100 Elizabeth Street Picayune, MS.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Six‑unit apartment property with three 2‑bedroom and three 1‑bedroom apartments; 4,650 square feet on a 0.24‑acre property; Downtown corner location at 100 Elizabeth Street with dual street frontage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message