Six-Unit Apartment
New
For Sale
$550,000
100 Elizabeth Street, Picayune, MS 39466
MULTI_FAMILY - Picayune, MS
Property Size4,650 SF
Lot Size0.23 Acres
Price / SF$118.28
Days on Market2
Property Features for 100 Elizabeth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Central Business District
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 9, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 8
Parking
12
Window features
Aluminum Frames
Pets allowed
Call
Lot features
Corner Lot, City Lot, Corner Lot, City Lot
Directions
From I-59 take Exit 4 toward Picayune. Turn Left at the red light. Go down Memorial Blvd to Hwy 11. Take a right on Hwy 11. Go to Canal Street and turn left at the red light. Go over the railroad tracks and at the red light take a left on Main Street. The property is on the right on Elizabeth Street
Standard status
Active
APN
6-17-5-15-001-050-3900
Size
4,650 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF LOT 2 BK 888 PG 30711/07/2005
Tax Annual Amount
4309
Legal Description
J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF LOT 2 BK 888 PG 30711/07/2005
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Amenities
dedicated tenant parking
Building Details
Year built
1940
Floors in Building
2
Number of units
6
Flooring type
Vinyl
Roof type
Rolled Hot Mop, Aluminum
Listing Agency:
Real Broker, LLC.
(228) 471-5211
Listed By:
Amy Olson · License #S60640
(228) 596-9916
Added: Aug 3
Last Checked: Aug 4 at 11:06AM
MLS# 4157991
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 4,650-square-foot apartment building contains six units: three two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. Built in 1940, the property has vinyl flooring, rolled hot mop and aluminum roofing, and a combination of public water and public sewer service. An adjoining parcel provides dedicated tenant parking, while furnishings convey with an existing furnished corporate rental. One unit is currently vacant, and the property has a documented operating history with income from traditional apartment leases and furnished stays.
The property occupies a downtown corner position with frontage on two streets. It is zoned C-2 Downtown Commercial and located in Flood Zone X. Cable is available, and the existing furnished rental has operated through Airbnb, VRBO, direct bookings, and corporate stays.
The property occupies a downtown corner position with frontage on two streets. It is zoned C-2 Downtown Commercial and located in Flood Zone X. Cable is available, and the existing furnished rental has operated through Airbnb, VRBO, direct bookings, and corporate stays.
Key Highlights
- Six‑unit multifamily property with three 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units
- 4,650 square feet on 0.23 acres
- Adjoining parcel included for dedicated tenant parking
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Downtown corner property with dual street frontage, dedicated tenant parking, and a mixed one- and two-bedroom unit configuration.
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 multifamily property with three 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units; 4,650 square feet on 0.23 acres; Adjoining parcel included for dedicated tenant parking
