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    760 Willow St Jackson, MS 39204

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    For Sale
    $1,200,000

    Two-building, 46-unit multifamily property near Jackson State University.

    Property size:
    21,715 SF

    Property Features for 760 Willow St

    General Information

    Size
    21,715 SF

    Building Details

    Year built
    1970

    Source: Micah McCullough, CCIM, SIOR Agent Micah McCullough, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Multifamily Opportunity Near University

    This value-add opportunity features two 2-story multifamily buildings constructed in 1970, totaling 21,715 square feet and containing 46 units. The buildings are of masonry construction with brick and wood siding. Situated on 0.93 acres near Jackson State University in Jackson, Mississippi, the property is currently 26.09% occupied. The unit mix includes forty-two 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units. Recent renovations have been completed, including exterior repairs and unit updates. Interior upgrades feature luxury vinyl tile flooring, new lighting and paint, new countertops, and bathroom improvements. A laundry facility is available on-site. The property is located on Willow Street in the heart of downtown Jackson.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.196544
    Latitude
    32.292997

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    FAQs

    What type of property is this?
    Apartment building - Two-building, 46-unit multifamily property near Jackson State University.
    Where is this apartment building located?
    The property is located at 760 Willow St Jackson, MS.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Value-Add Opportunity with potential to increase occupancy and revenue.; - 46 Units (forty-two 1BR/1BA and four 2BR/1BA) in two, 2-story buildings.; - Recent renovations including luxury vinyl tile flooring, new lighting/paint, new countertops and bathroom upgrades.
    (601) 720-7891
    Request Owner's contact information
    760 Willow St Jackson, MS 39204
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    Jackson, MS 39204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    760 Willow St Jackson, MS 39204
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