Updated Two-Unit
1101/1102 Jamestown Way Jackson, MS 39211
1101/1102 Jamestown Way, Jackson, MS, 39211
$214,000
Pending
For Sale
$214,000
Pending
MULTI_FAMILY - Jackson, MS
Property Size2,600 SF
Lot Size0.13 Acres
Days on Market76
Property Features for 1101/1102 Jamestown Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
- Standard status
- Pending
- APN
- 0738-0321-000
- Size
- 2,600 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 11 JAMESTOWN SUBN
- Tax Annual Amount
- 3397
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing agency
Realty ONE Group Prime
(601) 715-7315
Listed by
Cathy L Morgigno · License #B19052
(601) 906-8617
Added: May 8 Updated: Jul 10 at 8:51AM Checked: Jul 22 at 1:06PM
MLS# 4148865
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 two-unit duplex offers a turn-key setup with both units currently leased. Unit 1101 features 2 bedrooms and 1.5 baths, and Unit 1102 features 3 bedrooms and 2 baths. Recent updates include granite countertops, vinyl flooring, and carpeting. Each unit includes a kitchen with appliances and a microwave, along with central heating and air for year-round comfort. Living areas include a fireplace, and the home’s layout provides sliding access to a patio, with a fenced back yard offering added privacy.
The property is located at 1101/1102 Jamestown Way in Jackson, Mississippi (39211) in Hinds County.
For tenants or buyers seeking an income-producing residential duplex with established occupancy, this configuration provides two separate, updated living spaces with current lease terms and stated monthly rents totaling $2,650. The combination of central HVAC, in-unit kitchen appliances, and outdoor patio and fenced yard access may appeal to households looking for both comfort and practical day-to-day living space.
The property is located at 1101/1102 Jamestown Way in Jackson, Mississippi (39211) in Hinds County.
For tenants or buyers seeking an income-producing residential duplex with established occupancy, this configuration provides two separate, updated living spaces with current lease terms and stated monthly rents totaling $2,650. The combination of central HVAC, in-unit kitchen appliances, and outdoor patio and fenced yard access may appeal to households looking for both comfort and practical day-to-day living space.
Key Highlights
- Fully leased 2‑unit duplex with combined monthly income of $2,650
- Unit 1101: 2 bedrooms, 1.5 bath, rented at $1,250/mo
- Unit 1102: 3 bedrooms, 2 bath, rented at $1,400/mo
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.5k | $10.20 |
| − Vacancy | −$2.0k | −$0.79 |
| EGI | $24.5k | $9.41 |
| − OpEx | −$7.3k | −$2.82 |
| NOI | $17.1k | $6.59 |
2,600 SF · lease $10.20/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.8K
$214.2K – $285.6K
NOI $17,135 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$228.5K
$199.9K – $266.6K
NOI $15,993 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$445.5K
$389.9K – $519.8K
NOI $31,188 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully leased units with recent interior updates, central heating and air, and private fenced outdoor space.
Where is this duplex located?
The property is located at 1101/1102 Jamestown Way Jackson, MS.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Fully leased 2‑unit duplex with combined monthly income of $2,650; Unit 1101: 2 bedrooms, 1.5 bath, rented at $1,250/mo; Unit 1102: 3 bedrooms, 2 bath, rented at $1,400/mo
