Updated Duplex Investment
For Sale
$279,000
2455 River Oaks Boulevard lot A & B, Jackson, MS 39211
MULTI_FAMILY - Jackson, MS
Property Size2,096 SF
Lot Size0.08 Acres
Price / SF$133.11
Days on Market174
Property Features for 2455 River Oaks Boulevard lot A & B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3
Window features
Aluminum Frames
Patio and Porch features
Patio
Subdivision
Metes And Bounds
Elementary school
McLeod
Middle school
Bailey APAC
High school
Murrah
Directions
Take Old Canton Rd. to River Oaks Blvd., duplex is about .5 miles down on the right.
Standard status
Active
APN
0753-0524-000, 0753-0524-001
Size
2,096 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
W 1/2 LOT 24 NORTHTOWN PLACE PT 5 AKA LOT 24B
Tax Annual Amount
2305
Legal Description
W 1/2 LOT 24 NORTHTOWN PLACE PT 5 AKA LOT 24B
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
Key Stride Realty
(769) 251-1520
Listed By:
Mitzi Marsh · License #S55635
(601) 906-1072
Added: Feb 6
Changed: Jul 24
Last Checked: Jul 30 at 7:06PM
MLS# 4138388
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 updated duplex includes two units on a lot labeled A & B. The property has undergone multiple improvements, including a new roof installed in November 2024. Additional updates reported include new flooring, updated bathrooms, fresh interior and exterior paint, new gutters/shutters, and appliances added during renovation.
The duplex is located in Jackson, MS 39211 within Hinds County. The listing notes the property is minutes from Ridgeland, Madison, Jackson, and Brandon, positioning it for convenient access to nearby employment and daily needs.
For buyers seeking a residential income property, this duplex offers a straightforward two-unit configuration with documented renovation work. The combination of unit upgrades and a recently installed roof may appeal to investors looking for a property that has been actively maintained and refreshed rather than left for immediate cosmetic or systems updates.
The duplex is located in Jackson, MS 39211 within Hinds County. The listing notes the property is minutes from Ridgeland, Madison, Jackson, and Brandon, positioning it for convenient access to nearby employment and daily needs.
For buyers seeking a residential income property, this duplex offers a straightforward two-unit configuration with documented renovation work. The combination of unit upgrades and a recently installed roof may appeal to investors looking for a property that has been actively maintained and refreshed rather than left for immediate cosmetic or systems updates.
Key Highlights
- Updated duplex with new roof installed November 2024
- New flooring (vinyl) plus fresh interior and exterior paint
- Updated bathrooms throughout the duplex
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 | $21.4k | $10.20 |
| − Vacancy | −$1.6k | −$0.79 |
| EGI | $19.7k | $9.41 |
| − OpEx | −$5.9k | −$2.82 |
| NOI | $13.8k | $6.59 |
2,096 SF · lease $10.20/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.3K
$172.7K – $230.2K
NOI $13,813 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$184.2K
$161.2K – $214.9K
NOI $12,893 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K
NOI $25,142 @ 7.0% cap · market cap 9.01%
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
159
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 - Updated duplex with recent interior and exterior renovations, including a November 2024 roof.
Where is this duplex located?
The property is located at 2455 River Oaks Boulevard lot A & B Jackson, MS.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Updated duplex with new roof installed November 2024; New flooring (vinyl) plus fresh interior and exterior paint; Updated bathrooms throughout the duplex
