Updated Duplex Investment
2455 River Oaks Boulevard lot A & B Jackson, MS 39211
For Sale
$279,000
MULTI_FAMILY - Jackson, MS
Property Size2,096 SF
Lot Size0.08 Acres
Price / SF$133.11
Days on Market170
Property Features for 2455 River Oaks Boulevard lot A & B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3
- Window features
- Aluminum Frames
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 0753-0524-000, 0753-0524-001
- Size
- 2,096 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- W 1/2 LOT 24 NORTHTOWN PLACE PT 5 AKA LOT 24B
- Tax Annual Amount
- 2305
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing Agency:
Key Stride Realty
(769) 251-1520
Listed By:
Mitzi Marsh · License #S55635
(601) 906-1072
Added: Feb 6
Changed: Jul 24
Last Checked: Jul 26 at 10:06PM
MLS# 4138388
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 updated duplex includes two units on a lot labeled A & B. The property has undergone multiple improvements, including a new roof installed in November 2024. Additional updates reported include new flooring, updated bathrooms, fresh interior and exterior paint, new gutters/shutters, and appliances added during renovation.
The duplex is located in Jackson, MS 39211 within Hinds County. The listing notes the property is minutes from Ridgeland, Madison, Jackson, and Brandon, positioning it for convenient access to nearby employment and daily needs.
For buyers seeking a residential income property, this duplex offers a straightforward two-unit configuration with documented renovation work. The combination of unit upgrades and a recently installed roof may appeal to investors looking for a property that has been actively maintained and refreshed rather than left for immediate cosmetic or systems updates.
The duplex is located in Jackson, MS 39211 within Hinds County. The listing notes the property is minutes from Ridgeland, Madison, Jackson, and Brandon, positioning it for convenient access to nearby employment and daily needs.
For buyers seeking a residential income property, this duplex offers a straightforward two-unit configuration with documented renovation work. The combination of unit upgrades and a recently installed roof may appeal to investors looking for a property that has been actively maintained and refreshed rather than left for immediate cosmetic or systems updates.
Key Highlights
- Updated duplex with new roof installed November 2024
- New flooring (vinyl) plus fresh interior and exterior paint
- Updated bathrooms throughout the duplex
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 | $21.4k | $10.20 |
| − Vacancy | −$1.6k | −$0.79 |
| EGI | $19.7k | $9.41 |
| − OpEx | −$5.9k | −$2.82 |
| NOI | $13.8k | $6.59 |
2,096 SF · lease $10.20/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.3K
$172.7K – $230.2K
NOI $13,813 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$184.2K
$161.2K – $214.9K
NOI $12,893 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K
NOI $25,142 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex with recent interior and exterior renovations, including a November 2024 roof.
Where is this duplex located?
The property is located at 2455 River Oaks Boulevard lot A & B Jackson, MS.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Updated duplex with new roof installed November 2024; New flooring (vinyl) plus fresh interior and exterior paint; Updated bathrooms throughout the duplex
