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Tenant-Occupied Duplex
New
For Sale
$150,000

280 CR 559, Falkner, MS 38629

Residential Income, Falkner, MS

Property Size2,050 SF
Lot Size0.26 Acres
Price / SF$73.17
Days on Market5

Property Features for 280 CR 559

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
High school district NORTH TIPPAH SCHOOL DIST
Directions From HWY 15 Turn East on Ruckersville RD then turn right onto cr 559 the property will be on the right.
Standard status Active
APN 6-133J-12-039.00
Size 2,050 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 1660

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1970
Building materials Brick
Roof type Metal
Listing Agency: CALDWELL REALTY LLC
Listed By: John Caldwell
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 6 at 3:06PM
MLS# 12011401

Copyright © 2026 My State MLS. 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.

Built in 1970, this brick duplex contains 2,050 square feet on a 0.26-acre parcel. The property has four bedrooms and two bathrooms, along with natural gas heat, a metal roof, and public water. Both units are tenant-occupied and transfer subject to existing lease arrangements.

Key Highlights

  • Duplex with 2,050 square feet on a 0.26‑acre parcel
  • Four bedrooms and two bathrooms
  • Brick construction; metal roof, natural gas heat, and public water

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Pharmacy Hair Salon Restaurant

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 38629, MS

1,624
Population
783
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
88%
High-School Grad
43.1 sq mi
ZIP Area
38
Density / Sq Mi
$64,087
Median Household Income
$41,803
Median Earnings
$700
Median Rent
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Both units are occupied under existing lease arrangements.
Where is this duplex located?
The property is located at 280 CR 559 Falkner, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with 2,050 square feet on a 0.26‑acre parcel; Four bedrooms and two bathrooms; Brick construction; metal roof, natural gas heat, and public water
More about this property
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