Downtown Six-Unit Apartment
For Sale
$550,000
100 Elizabeth Street, Picayune, MS 39466
Commercial Sale, Picayune, MS
Property Size4,650 SF
Lot Size0.24 Acres
Price / SF$118.28
Days on Market98
Property Features for 100 Elizabeth Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Subdivision
Pearl River
Standard status
Active
APN
6-17-5-15-001-050-3900
Size
4,650 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF
Tax Annual Amount
4309
Legal Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF
Listing Agency:
Real Broker LLC
(769) 209-1845
Listed By:
Amy Olson · License #S60640
(228) 596-9916
Added: Aug 1
Changed: Oct 22
Last Checked: Nov 6 at 8:06AM
MLS# 189183
Copyright © 2026 Pearl River County 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.
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Investment Insights
Based on property information with market context.
This apartment building contains six units within 4,650 square feet, including three two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. The property is fully leased and includes an adjoining parcel designated for tenant parking. Municipal utilities serve the site, which is located in Flood Zone X.
Positioned at 100 Elizabeth Street in downtown Picayune, the property occupies a corner location with frontage along two streets. The income profile includes conventional apartment rentals and an existing furnished corporate rental that has generated revenue through Airbnb. The property also has a documented operating history.
Positioned at 100 Elizabeth Street in downtown Picayune, the property occupies a corner location with frontage along two streets. The income profile includes conventional apartment rentals and an existing furnished corporate rental that has generated revenue through Airbnb. The property also has a documented operating history.
Key Highlights
- Six‑unit apartment building with three 2‑bedroom and three 1‑bedroom units
- 4,650 square feet of multifamily space
- Fully leased property with established operating history
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
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Business Placement
Demographics for 39466, MS
27,897
Population
12,870
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
152.8 sq mi
ZIP Area
183
Density / Sq Mi
$50,926
Median Household Income
$32,889
Median Earnings
$907
Median Rent
$161,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily asset with mixed apartment layouts, municipal utilities, and an adjoining parcel for tenant parking.
Where is this apartment building located?
The property is located at 100 Elizabeth Street Picayune, MS.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Six‑unit apartment building with three 2‑bedroom and three 1‑bedroom units; 4,650 square feet of multifamily space; Fully leased property with established operating history
