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Multifamily Property for Redevelopment

2655 Belvedere Drive, Jackson, MS 39212

For Sale
$50,000
Pending

Commercial Sale, Jackson, MS

Property Size3,627 SF
Lot Size1.40 Acres
Days on Market97

Property Features for 2655 Belvedere Drive

General Information

Property type Commercial Sale
Property subtype Apartment
Parking features Parking Lot
Exterior features Balcony
Elementary school Key
Middle school Peeples
Standard status Pending
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: Nov 4 Last Checked: Nov 9 at 5:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

The multifamily property contains a 3,627-square-foot structure built in 1967. Significant fire damage leaves the building in need of substantial rehabilitation or redevelopment, and the sale is AS-IS with no seller repairs. Exterior features include a balcony, and the site has a parking lot.

The 1.4-acre property is served by public water and public sewer. It is located near schools, shopping, dining, and major roadways.

Key Highlights

  • 1.4‑acre multifamily property
  • 3,627‑square‑foot building constructed in 1967
  • Significant fire damage; substantial rehabilitation or redevelopment required

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Average Price Trend$/SF for Multifamily properties in Jackson, MS

$113 Jul
$89.56 Aug
$83.72 Sep
$99.44 Oct

Properties on Market for Multifamily properties in Jackson

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Fire damage necessitates substantial rehabilitation or redevelopment; public water and sewer serve the 1.4-acre parcel.
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: 1.4‑acre multifamily property; 3,627‑square‑foot building constructed in 1967; Significant fire damage; substantial rehabilitation or redevelopment required
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