Two-Home
For Sale
Contact for pricing
1016-18 Eminence Row, Jackson, MS 39213
Residential Income, Jackson, MS
Property Size1,050 SF
Lot Size0.25 Acres
Price / SF$11.43
Days on Market247
Property Features for 1016-18 Eminence Row
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
On Street
Subdivision
Cottage Grove
Lot features
Few Trees, Few Trees
Elementary school
Smith
Middle school
Powell
High school
Lanier
Standard status
Active
APN
425-620
Size
1,050 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 620 & 629 COTTAGE GROVE SUBN
Tax Annual Amount
379
Legal Description
LOTS 620 & 629 COTTAGE GROVE SUBN
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Roof type
Asphalt
Listing Agency:
Real Estate Partners
(601) 956-0200
Listed By:
Lizbeth T Garcia · License #S58901
(601) 966-7369
Added: Feb 11
Changed: Oct 8
Last Checked: Oct 16 at 12:06PM
MLS# 4138966
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.
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Investment Insights
Based on property information with market context.
This duplex property comprises two homes on a 0.25-acre parcel, with a reported property size of 1,050 square feet. Built in 1959, the buildings have asphalt roofing. The sale is on an as-is basis, with no repairs to be made by the seller.
Public water and sewer serve the property. Parking is available on the street.
Public water and sewer serve the property. Parking is available on the street.
Key Highlights
- Two homes on one 0.25‑acre parcel
- Reported property size of 1,050 square feet
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,459
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,180
$129.2K
Cap Rate 7%
$92,271
$92.3K
Cap Rate 9%
$71,767
$71.8K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$12.6K $12.00/SF
− Vacancy
−$857 −$0.82/SF
EGI
$11.7K $11.18/SF
− OpEx
−$5.3K −$5.03/SF
NOI
$6.5K $6.15/SF
Area
Jackson, MS
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,180
Cap Rate 7%
$92,271
Cap Rate 9%
$71,767
Alternative Uses
Best Use
Multifamily LT 5
$98.9K
$86.5K – $115.3K
NOI $6,920 @ 7.0% cap · market cap 57.67%
Second Best
Apartment 5plus
$92.3K
$80.7K – $107.7K
NOI $6,459 @ 7.0% cap · market cap 53.83%
Theoretical Best
Office A
$179.9K
$157.4K – $209.9K
NOI $12,595 @ 7.0% cap · market cap 104.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 39213, MS
19,507
Population
10,172
Households
1.9
Avg Household Size
43
Median Age
15%
College-Educated
78%
High-School Grad
28.3 sq mi
ZIP Area
689
Density / Sq Mi
$28,115
Median Household Income
$23,919
Median Earnings
$773
Median Rent
$73,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The parcel contains two homes and is served by public water and sewer.
Where is this duplex located?
The property is located at 1016-18 Eminence Row Jackson, MS.
What are key features of this property?
This property features: Two homes on one 0.25‑acre parcel; Reported property size of 1,050 square feet; Built in 1959
