Four-Unit
New
For Sale
$150,000
105 Jackson Avenue, Petal, MS 39465
Residential Income, Petal, MS
Property Size1,525 SF
Lot Size0.13 Acres
Price / SF$98.36
Days on Market3
Property Features for 105 Jackson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 1
Parking features
Driveway
Subdivision
Metes And Bounds
Standard status
Active
APN
3-022n-35-222.00
Size
1,525 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG 175FT W NEC LOT 19 S 85FT W 70FT N 85FT E 70FT TO BEG BLK 1 WESLEY WRIGHT S/D BK 626 PG 211 12/08/1989 PREV #:P64640021 DB 774 PG 500 7/97
Tax Annual Amount
2217
Legal Description
BEG 175FT W NEC LOT 19 S 85FT W 70FT N 85FT E 70FT TO BEG BLK 1 WESLEY WRIGHT S/D BK 626 PG 211 12/08/1989 PREV #:P64640021 DB 774 PG 500 7/97
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Wall Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1980
Floors in Building
2
Number of units
4
Roof type
Shingle
Listing Agency:
Real Broker, LLC.
(228) 471-5211
Listed By:
Braden Witcher · License #S-53478
(601) 672-3887
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 9:06AM
MLS# 4165163
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 1,525-square-foot quadplex in Petal contains four residences, each configured with two bedrooms and one bathroom. Built in 1980, the property sits on a 0.13-acre lot and is offered in as-is condition. Heating is central; cooling includes central air, wall units, and ceiling fans. The building has a shingle roof and driveway parking, with public water and sewer service.
Jackson Avenue provides access to nearby Main Street and Downtown Petal. The individual unit layouts and existing residential improvements define the property’s current configuration.
Jackson Avenue provides access to nearby Main Street and Downtown Petal. The individual unit layouts and existing residential improvements define the property’s current configuration.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 1,525 square feet on a 0.13‑acre lot
- Built in 1980; property to be sold as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,598
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,960
$192.0K
Cap Rate 7%
$137,114
$137.1K
Cap Rate 9%
$106,644
$106.6K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$14.8K $9.72/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$13.7K $8.99/SF
− OpEx
−$4.1K −$2.70/SF
NOI
$9.6K $6.29/SF
Area
Forrest County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,960
Cap Rate 7%
$137,114
Cap Rate 9%
$106,644
Alternative Uses
Best Use
Multifamily LT 5
$137.1K
$120.0K – $160.0K
NOI $9,598 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$121.8K
$106.6K – $142.1K
NOI $8,528 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$251.0K
$219.6K – $292.8K
NOI $17,568 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 39465, MS
23,002
Population
8,854
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
91%
High-School Grad
122.7 sq mi
ZIP Area
187
Density / Sq Mi
$73,785
Median Household Income
$40,465
Median Earnings
$921
Median Rent
$166,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a two-bedroom, one-bathroom layout, with public water and sewer service.
Where is this quadplex located?
The property is located at 105 Jackson Avenue Petal, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 1,525 square feet on a 0.13‑acre lot; Built in 1980; property to be sold as‑is
