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4-Unit Duplex Property
For Sale
$169,000

321 Lafayette St, Columbia, MS 39429

Multi Family, Columbia, MS

Property SizeContact for details
Days on Market271

Property Features for 321 Lafayette St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description AE
Elementary school district Columbia
Middle school district Columbia
High school district Columbia
Subdivision Columbia
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Description 42.5' X 100' PT LOT 2 BLK E M L Banks ADD
Tax Annual Amount 2010
Legal Description 42.5' X 100' PT LOT 2 BLK E M L Banks ADD

Utilities

Sewer type Public Sewer
Heating system Space Heater
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 4
Building materials Wood Siding
Listing Agency: RE/MAX Real Estate Partners · RE/MAX International
Listed By: Barry L. Monday · License #20640
Added: Jan 9 Changed: Oct 1 Last Checked: Oct 7 at 5:06AM
MLS# 145404

Copyright © 2026 Hattiesburg Area Association of Realtors. 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 Columbia property comprises two duplex buildings with four total apartments, each configured with two bedrooms and one bathroom. All four residences are occupied. The buildings have wood siding and new roofs; they were constructed in 1950. Heating is provided by space heaters, with window-unit cooling, and the property has public water and sewer service.

At 321 Lafayette St, the property is located near downtown Columbia, with shopping, dining, schools, and major roadways described as accessible from the site.

Key Highlights

  • Two duplex buildings contain four total 2‑bedroom/1‑bath units
  • All four units are occupied and generating rental income
  • New roofs on both duplex buildings

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Kitchen & Bath Showroom Restaurant Computer & Electronic Repair Pharmacy

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 39429, MS

16,073
Population
7,459
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
85%
High-School Grad
298.7 sq mi
ZIP Area
54
Density / Sq Mi
$42,953
Median Household Income
$32,047
Median Earnings
$585
Median Rent
$133,700
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 - Each residence is occupied, providing current rental income across the property.
Where is this duplex located?
The property is located at 321 Lafayette St Columbia, MS.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two duplex buildings contain four total 2‑bedroom/1‑bath units; All four units are occupied and generating rental income; New roofs on both duplex buildings
More about this property
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