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    Multi-Family Duplex Portfolio Title is generated by Realmo AI

    100-124 Mickey Ln, Tupelo, MS 38826

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    Claim this Listing
    For Sale
    $1,590,000

    MULTI_FAMILY - Tupelo, MS

    Property size:
    16,400 SF
    Lot size:
    1.25 Acres
    Price / SF:
    $96/SF
    Added:
    Jun 10, 2026
    Days on Market:
    24
    Last Refresh:
    Jul 3 at 6:06 am

    Property Features for 100-124 Mickey Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi Family
    Standard status
    Active
    Size
    16,400 SF
    Lot size
    1.25 Acres

    Taxes and HOA fees

    Tax Description
    B 0217 pg 893 10/12/2002
    Tax Annual Amount
    16377

    Building Details

    Floors in Building
    1

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    Meredith Martin ABR,AHWD,C2EX
    Meredith Martin ABR,AHWD,C2EX

    Listing agent Meredith Martin ABR,AHWD,C2EX License #S-50834

    Listing office TM REALTORS 210 E Main St., Tupelo, MS

    Listing date Jun 10, 2026

    MLS# 26-892 Listing URL

    Copyright © 2026 Northeast Mississippi Board 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.

    HighLights

    • Portfolio of 7 duplexes (14 units) offers a significant investment opportunity.
    • Two units are established, fully furnished Airbnb rentals providing immediate income.
    • 12 units have long‑term tenants, ensuring consistent rental income.
    • Located in a desirable, secluded area of West Tupelo.
    • All units are well‑maintained, single‑level, 2 bed/1 bath, built in 2004.
    • Unit sizes are 1000 sq ft (Airbnb) and 1200 sq ft (long‑term rentals).

    Overview

    This property is a multi-family duplex portfolio consisting of seven duplexes and 14 total units. All units are one level, each offering two bedrooms and one bathroom, and were built in 2004. The majority of the units are well maintained and configured in duplex format, creating a straightforward, repeatable building plan across the portfolio.

    The address is 100-124 Mickey Ln in Tupelo, Mississippi, within a multi-family zoning classification. The listing notes a secluded setting in West Tupelo, just off Endville Road on Mickey Lane. Two of the units are marketed as air bnb rentals and are described as fully furnished, while the remaining 12 units have long term tenants.

    For buyers or operators seeking a turn-key income mix, this portfolio provides both furnished short-term rental units and longer term leased units under a consistent 2 bed/1 bath layout. Because the units share similar configuration and vintage, it may be easier to standardize operations and property management. All information is subject to verification as stated in the listing remarks.

    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 $159.4k $9.72
    − Vacancy −$12.0k −$0.73
    EGI $147.5k $8.99
    − OpEx −$44.2k −$2.70
    NOI $103.2k $6.29
    16,400 SF · lease $9.72/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.47M
    $1.29M – $1.72M (±1% cap)
    NOI $103,217 @ 7.0% cap · market cap 6.49%
    Second Best
    Apartment 5plus
    $1.31M
    $1.15M – $1.53M (±1% cap)
    NOI $91,714 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Office A
    $3.08M
    $2.69M – $3.59M (±1% cap)
    NOI $215,598 @ 7.0% cap · market cap 13.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.806653
    Latitude
    34.315288

    FAQs

    What type of property is this?
    Duplex - A 14-unit duplex portfolio featuring 2 furnished short-term rentals and 12 long-term units, all 2 bed/1 bath.
    Where is this duplex located?
    The property is located at 100-124 Mickey Ln Tupelo, MS.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: Portfolio of 7 duplexes (14 units) offers a significant investment opportunity.; Two units are **established, fully furnished Airbnb rentals providing immediate income.**; 12 units have long‑term tenants, ensuring consistent rental income.
    More about this property
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