622 4th S Columbus, MS 39701
- Added:
- Mar 4, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 28 at 12:06 pm
Property Features for 622 4th S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport, Driveway
- Standard status
- Active
- APN
- 61W160110002
- Size
- 4,013 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2830
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Window Unit(s)
Building Details
- Number of units
- 5
- Building materials
- Wood Siding
Listing agent TANNER DOLAN (662) 352-4990
Listing office SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC 3501 BLUECUTT, Columbus, MS (662) 327-0123
Listing date Mar 4, 2026
MLS# 26-523
Listing URL
Copyright © 2026 Golden Triangle Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment Opportunity in Columbus
This multifamily property, located in Columbus, MS, presents a value-add investment opportunity. The property features 5 units and is currently offered for sale. The building has a total area of 4,013 square feet. Currently, the property generates $1,940 per month, which is $23,280 annually. There are two vacant units that are actively being marketed for $645 and $695, presenting an immediate opportunity to increase income. Once fully leased, the property is projected to produce $3,280 per month, which is $39,360 annually, in gross rental income. At the asking price, the property operates at approximately a 7.3 cap rate on current income with the potential to reach over a 12 cap rate at stabilized occupancy. This property is ideal for investors seeking strong cash flow potential and upside through lease-up in a market with consistent rental demand.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Lowndes
- State
- Mississippi
- Longitude
- -88.428688
- Latitude
- 33.489283
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add 5-unit property with income growth potential.
Where is this apartment building located?
The property is located at 622 4th S Columbus, MS.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Value‑add 5‑unit multifamily property with immediate income upside.; Projected 12%+ cap rate at stabilized occupancy.; Current 7.3% cap rate based on existing income.
