Duplex in Jackson,
For Sale
$126,000
Pending
23 Meadowoods Place, Jackson, MS 39211
DUPLEX - Jackson, MS
Property Size1,118 SF
Lot Size0.09 Acres
Days on Market65
Property Features for 23 Meadowoods Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking
2
Fireplace
1
Subdivision
Northtown Place
Lot features
Fenced, Fenced
Elementary school
McLeod
Middle school
Bailey APAC
High school
Murrah
Elementary school district
Jackson Public
Middle school district
Jackson Public
High school district
Jackson Public
Directions
Take Old Canton Road to River Oaks Blvd, take a left on Meadowoods Drive and then a left on Meadowoods Place and home will be on the right,
Standard status
Pending
APN
0753-0554-001
Size
1,118 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 1/2 LOT 4 NORTHTOWN PLACE PT 6
Tax Annual Amount
2502
Legal Description
W 1/2 LOT 4 NORTHTOWN PLACE PT 6
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1989
Floors in Building
1
Flooring type
Laminate
Roof type
Shingle
Listing Agency:
Ratcliff Realty Group LLC
(601) 319-1200
Listed By:
Leslie P Ratcliff · License #B23963
(601) 209-3514
Added: May 27
Changed: Jul 24
Last Checked: Jul 30 at 6:06PM
MLS# 4150677
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 is a duplex property located in Jackson, Mississippi. The property includes two bedrooms and two full bathrooms. The lot size is 0.09 acres. The property size is 1118 square feet.
Key Highlights
- Duplex built in 1989
- 2 bedrooms and 2 full bathrooms (Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2)
- Laminate flooring
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 | $11.4k | $10.20 |
| − Vacancy | −$878 | −$0.79 |
| EGI | $10.5k | $9.41 |
| − OpEx | −$3.2k | −$2.82 |
| NOI | $7.4k | $6.59 |
1,118 SF · lease $10.20/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$105.3K
$92.1K – $122.8K
NOI $7,368 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$98.2K
$86.0K – $114.6K
NOI $6,877 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$191.6K
$167.6K – $223.5K
NOI $13,411 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 39211, MS
24,900
Population
11,334
Households
2.2
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
2,024
Density / Sq Mi
$68,415
Median Household Income
$40,523
Median Earnings
$1,273
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, two-bath duplex convenient to everything in Jackson.
Where is this duplex located?
The property is located at 23 Meadowoods Place Jackson, MS.
What is the asking price?
The asking price for this property is $126,000.
What are key features of this property?
This property features: Duplex built in 1989; 2 bedrooms and 2 full bathrooms (Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2); Laminate flooring
