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Duplex with Private Backyards
New
For Sale
$200,000

2077 Cooperwell Dr Units A&b, Jackson, MS 39204

Residential Income, Jackson, MS

Property Size1,988 SF
Lot Size0.19 Acres
Price / SF$100.60
Days on Market1

Property Features for 2077 Cooperwell Dr Units A&b

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Subdivision Cooperwell
Elementary school Woodville Heights
Middle school Siwell
High school Forest Hill
Standard status Active
APN 0836-0153-000
Size 1,988 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 13 COOPERWELL SUBN
Tax Annual Amount 1076
Legal Description LOT 13 COOPERWELL SUBN

Utilities

Sewer type Public Sewer
Water source Public

Amenities

washer/dryer
private backyard

Building Details

Year built 1989
Floors in Building 1
Number of units 2
Roof type Shingle, Composition
Listing Agency: eXp Realty
Listed By: Daphne Lacey · License #S50577
Added: Sep 27 Last Checked: Sep 27 at 4:06PM
MLS# 4163753

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 1,988-square-foot duplex contains two residences, each configured with two bedrooms and one and a half bathrooms. Both units have been remodeled and have no carpet. Each also includes a washer and dryer and its own backyard. The property was built in 1989 and sits on a 0.19-acre lot.

Tenants are already in place. Public water and public sewer serve the property.

Key Highlights

  • Two‑unit property totaling 1,988 square feet
  • Each unit has 2 bedrooms and 1 1/2 bathrooms
  • Both residences have been remodeled and contain no carpet

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,101
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.55%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,020 $262.0K
Cap Rate 7%
$187,157 $187.2K
Cap Rate 9%
$145,567 $145.6K
Market Conditions
NOI Build-Up for 1,988 SF 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.
Gross rent
$20.3K $10.20/SF
− Vacancy
−$1.6K −$0.79/SF
EGI
$18.7K $9.41/SF
− OpEx
−$5.6K −$2.82/SF
NOI
$13.1K $6.59/SF
Area
Jackson, MS
Vacancy
7.70%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,020
Cap Rate 7%
$187,157
Cap Rate 9%
$145,567

Alternative Uses

Best Use
Multifamily LT 5
$187.2K
$163.8K – $218.4K (±1% cap)
NOI $13,101 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$174.7K
$152.9K – $203.8K (±1% cap)
NOI $12,229 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$340.7K
$298.1K – $397.4K (±1% cap)
NOI $23,846 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

Demographics for 39204, MS

15,433
Population
7,613
Households
2
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
9.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$31,667
Median Household Income
$23,862
Median Earnings
$890
Median Rent
$68,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have in-place tenants, in-unit laundry, and separate outdoor space.
Where is this duplex located?
The property is located at 2077 Cooperwell Dr Units A&b Jackson, MS.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,988 square feet; Each unit has 2 bedrooms and 1 1/2 bathrooms; Both residences have been remodeled and contain no carpet
More about this property
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