6-Unit Apartment
For Sale
$550,000
100 Elizabeth Street, Picayune, MS 39466
Commercial Sale, Picayune, MS
Property Size4,650 SF
Lot Size0.23 Acres
Price / SF$118.28
Days on Market70
Property Features for 100 Elizabeth Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 9, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bedroom 8, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2
Lot features
Corner Lot, City Lot, Corner Lot, City Lot
Directions
From I-59 take Exit 4 toward Picayune. Turn Left at the red light. Go down Memorial Blvd to Hwy 11. Take a right on Hwy 11. Go to Canal Street and turn left at the red light. Go over the railroad tracks and at the red light take a left on Main Street. The property is on the right on Elizabeth Street
Standard status
Active
APN
6-17-5-15-001-050-3900
Size
4,650 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF LOT 2 BK 888 PG 30711/07/2005
Tax Annual Amount
4309
Legal Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF LOT 2 BK 888 PG 30711/07/2005
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Listing Agency:
Real Broker, LLC.
(228) 471-5211
Listed By:
Amy Olson · License #S60640
(228) 596-9916
Added: Aug 1
Changed: Oct 8
Last Checked: Oct 9 at 10:06AM
MLS# 4157803
Copyright © 2026 MLS United. 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.
This 6-unit apartment property contains three 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. The 4,650-square-foot building dates to 1940 and includes an existing furnished corporate rental; its furnishings convey. Central heating and public water and sewer serve the property. Cooling features include central air, ceiling fans, and window units.
An adjoining parcel provides dedicated tenant parking. The property occupies a 0.23-acre site, has dual street frontage, and is zoned C-2 Downtown Commercial. It is located in downtown Picayune and is in Flood Zone X.
All units are fully leased, with the furnished unit previously operated through short-term booking channels and corporate stays.
An adjoining parcel provides dedicated tenant parking. The property occupies a 0.23-acre site, has dual street frontage, and is zoned C-2 Downtown Commercial. It is located in downtown Picayune and is in Flood Zone X.
All units are fully leased, with the furnished unit previously operated through short-term booking channels and corporate stays.
Key Highlights
- Six units: three 2‑bedroom, 1‑bath apartments and three 1‑bedroom, 1‑bath apartments
- 4,650‑square‑foot building on a 0.23‑acre site
- Adjoining parcel included for dedicated tenant parking
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - A balanced mix of one- and two-bedroom apartments includes a furnished corporate rental and dedicated 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 units: three 2‑bedroom, 1‑bath apartments and three 1‑bedroom, 1‑bath apartments; 4,650‑square‑foot building on a 0.23‑acre site; Adjoining parcel included for dedicated tenant parking
