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Updated Two-Unit Duplex

1101/1102 Jamestown Way Jackson, MS 39211

Claim this Listing
Pending
$214,000

MULTI_FAMILY - Jackson, MS

Property size:
2,600 SF
Lot size:
0.13 Acres
Added:
May 8, 2026
Days on Market:
67
Last Refresh:
Jul 13 at 10:06 am

Property Features for 1101/1102 Jamestown Way

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
5
Rooms
Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
Standard status
Pending
APN
0738-0321-000
Size
2,600 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 11 JAMESTOWN SUBN
Tax Annual Amount
3397

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1978
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Roof type
Shingle

Listing agent Cathy L Morgigno License #B19052

Listing office Realty ONE Group Prime 1 Woodgreen Place Ste 102, Madison, MS

Listing date May 8, 2026

MLS# 4148865 Listing URL

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 two-unit duplex offers a turn-key setup with both units currently leased. Unit 1101 features 2 bedrooms and 1.5 baths, and Unit 1102 features 3 bedrooms and 2 baths. Recent updates include granite countertops, vinyl flooring, and carpeting. Each unit includes a kitchen with appliances and a microwave, along with central heating and air for year-round comfort. Living areas include a fireplace, and the home’s layout provides sliding access to a patio, with a fenced back yard offering added privacy.

The property is located at 1101/1102 Jamestown Way in Jackson, Mississippi (39211) in Hinds County.

For tenants or buyers seeking an income-producing residential duplex with established occupancy, this configuration provides two separate, updated living spaces with current lease terms and stated monthly rents totaling $2,650. The combination of central HVAC, in-unit kitchen appliances, and outdoor patio and fenced yard access may appeal to households looking for both comfort and practical day-to-day living space.

Key Highlights

  • Fully leased 2‑unit duplex with combined monthly income of $2,650
  • Unit 1101: 2 bedrooms, 1.5 bath, rented at $1,250/mo
  • Unit 1102: 3 bedrooms, 2 bath, rented at $1,400/mo

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 $26.5k $10.20
− Vacancy −$2.0k −$0.79
EGI $24.5k $9.41
− OpEx −$7.3k −$2.82
NOI $17.1k $6.59
2,600 SF · lease $10.20/SF/yr · vacancy 7.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$244.8K
$214.2K – $285.6K (±1% cap)
NOI $17,135 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$228.5K
$199.9K – $266.6K (±1% cap)
NOI $15,993 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$445.5K
$389.9K – $519.8K (±1% cap)
NOI $31,188 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service Daycare Center Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully leased units with recent interior updates, central heating and air, and private fenced outdoor space.
Where is this duplex located?
The property is located at 1101/1102 Jamestown Way Jackson, MS.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Fully leased 2‑unit duplex with combined monthly income of $2,650; Unit 1101: 2 bedrooms, 1.5 bath, rented at $1,250/mo; Unit 1102: 3 bedrooms, 2 bath, rented at $1,400/mo
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