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    23027 Indian Ridge Rd Picayune, MS 39466

    For Sale
    $600,000

    MULTI_FAMILY - Picayune, MS

    Property size:
    9,733 SF
    Lot size:
    2.02 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 23027 Indian Ridge Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bathroom 11, Bedroom 1, Bathroom 9, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 1, Bedroom 10, Bathroom 7, Bathroom 8, Bathroom 10, Bathroom 3, Bedroom 3, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 12, Bedroom 2, Bedroom 7, Bedroom 9
    Bedrooms
    10
    Bathrooms
    6
    APN
    036-0-23-038.013
    Patio and Porch features
    Porch
    Size
    9,733 SF
    Lot size
    2.02 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    2
    Number of units
    10
    Roof type
    Asphalt

    Remax Results in Real Estate (228) 388-4360 [email protected]

    Listing agent Nick Ray License #S50911

    Listing date Sep 10, 2025

    MLS# 4125178 Listing URL

    Overview

    Multi-Family Investment Opportunity

    This is an investment opportunity to own a well-maintained, income-producing 10-unit multi-family property situated on a spacious 2-acre parcel. The property is 100% occupied and boasts strong, consistent cash flow with a reliable management team already in place. Each building on the property has seen significant capital improvements, including new roofs installed within the last five years and individual septic systems for each building replaced in 2022. The property is located in Picayune, MS. The property size is 9733 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.57283
    Latitude
    30.50455

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, 10-unit multi-family property on 2 acres.
    Where is this apartment building located?
    The property is located at 23027 Indian Ridge Rd Picayune, MS.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 10-unit multi-family property: substantial income-producing investment; - 100% occupied: immediate and consistent cash flow; - 2-acre parcel: spacious grounds offering potential
    (228) 547-0087
    Request Owner's contact information
    23027 Indian Ridge Rd Picayune, MS 39466
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    Picayune, MS 39466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23027 Indian Ridge Rd Picayune, MS 39466
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