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Fire-Damaged Multifamily Property
For Sale
$50,000

2655 Belvedere Drive, Jackson, MS 39212

Commercial Sale, Jackson, MS

Property Size3,627 SF
Lot Size1.40 Acres
Price / SF$13.79
Days on Market49

Property Features for 2655 Belvedere Drive

General Information

Property type Commercial Sale
Property subtype Apartment
Elementary school Key
Middle school Peeples
Standard status Active
APN 615352
Size 3,627 SF
Lot size 1.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG W/L BELVEDERE DR & S/L MCDOWELL RD S 650 FT TO POB S 382.7 FT W 235 FT N APPROX 382.7 FT E 233.16 FT TO POB PT NE 1/4 SEC 19 & PT NW 1/4 SEC 20 T5N R1E
Tax Annual Amount 28346
Legal Description BEG W/L BELVEDERE DR & S/L MCDOWELL RD S 650 FT TO POB S 382.7 FT W 235 FT N APPROX 382.7 FT E 233.16 FT TO POB PT NE 1/4 SEC 19 & PT NW 1/4 SEC 20 T5N R1E

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1967
Floors in Building 2
Listing Agency: Ekey Realty, LLC
Listed By: Joshua M Rice · License #S61175
Added: Aug 5 Changed: Sep 21 Last Checked: Sep 22 at 8:06PM
MLS# 4158219

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 multifamily property includes a 3,627-square-foot structure built in 1967 on approximately 1.4 acres. The building has sustained significant fire damage and requires extensive rehabilitation or potential redevelopment. The property is being offered in its current condition, and the seller will not complete repairs before closing.

Public water and public sewer are available. The property is located at 2655 Belvedere Drive in Jackson, Mississippi, with nearby schools, shopping, dining, and major roadways identified in the surrounding area. Buyers should independently inspect the improvements and verify information important to their intended plans.

Key Highlights

  • 3,627‑square‑foot multifamily structure
  • 1.4‑acre property at 2655 Belvedere Drive, Jackson, MS 39212
  • Significant fire damage; substantial rehabilitation or redevelopment required

Property Analytics

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Current Use

Custom Designz Printing Textile Manufacturer The Palms at Jackson Apartment Complex Darious Ink (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 39212, MS

29,087
Population
12,738
Households
2.3
Avg Household Size
36
Median Age
22%
College-Educated
89%
High-School Grad
29.6 sq mi
ZIP Area
983
Density / Sq Mi
$53,300
Median Household Income
$31,604
Median Earnings
$1,128
Median Rent
$105,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing improvements require substantial rehabilitation or redevelopment, with public water and sewer serving the property.
Where is this multifamily property located?
The property is located at 2655 Belvedere Drive Jackson, MS.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 3,627‑square‑foot multifamily structure; 1.4‑acre property at 2655 Belvedere Drive, Jackson, MS 39212; Significant fire damage; substantial rehabilitation or redevelopment required
More about this property
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