Multifamily Property with Private
New
For Sale
$225,200
3338 Northview Drive, Jackson, MS 39216
Residential, Jackson, MS
Property Size1,124 SF
Lot Size0.14 Acres
Price / SF$200.36
Days on Market2
Property Features for 3338 Northview Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Patio and Porch features
Deck
Exterior features
Private Yard
Subdivision
Northview Addition
Lot features
Level, Level
Elementary school
Walton
Middle school
Brinkley
High school
Lanier
Elementary school district
Jackson Public
Middle school district
Jackson Public
High school district
Jackson Public
Standard status
Active
APN
0052-0031-000
Size
1,124 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
50 FT S ENDS LOTS 8 & 9 BLK C NORTHVIEW ADDN
Tax Annual Amount
1608
Legal Description
50 FT S ENDS LOTS 8 & 9 BLK C NORTHVIEW ADDN
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Water front
1
Building Details
Year built
1945
Floors in Building
2
Listing Agency:
Ekey Realty, LLC
(601) 790-9030
Listed By:
Harriott Expose · License #S41262
(601) 594-4218
Added: Oct 16
Last Checked: Oct 17 at 7:06AM
MLS# 4165714
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.
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Investment Insights
Based on property information with market context.
This occupied multifamily property contains 1,124 square feet on a 0.14-acre lot. Built in 1945, it has a garage, deck, and private yard, along with central heating and central air conditioning. Natural gas heating, water availability, public water, and public sewer are listed. The property is being sold in its current as-is, where-is condition, without warranties or representations about its condition.
Key Highlights
- 1,124‑square‑foot property on a 0.14‑acre lot
- Occupied; sale is in as‑is, where‑is condition
- Built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,914
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,280
$138.3K
Cap Rate 7%
$98,771
$98.8K
Cap Rate 9%
$76,822
$76.8K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$13.5K $12.00/SF
− Vacancy
−$917 −$0.82/SF
EGI
$12.6K $11.18/SF
− OpEx
−$5.7K −$5.03/SF
NOI
$6.9K $6.15/SF
Area
Jackson, MS
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,280
Cap Rate 7%
$98,771
Cap Rate 9%
$76,822
Alternative Uses
Best Use
Apartment 5plus
$98.8K
$86.4K – $115.2K
NOI $6,914 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$192.6K
$168.5K – $224.7K
NOI $13,483 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 39216, MS
4,061
Population
2,073
Households
2
Avg Household Size
36
Median Age
64%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
1,310
Density / Sq Mi
$43,315
Median Household Income
$33,839
Median Earnings
$1,128
Median Rent
$249,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The occupied residence includes a garage, deck, private yard, and central heating and air conditioning.
Where is this multifamily property located?
The property is located at 3338 Northview Drive Jackson, MS.
What is the asking price?
The asking price for this property is $225,200.
What are key features of this property?
This property features: 1,124‑square‑foot property on a 0.14‑acre lot; Occupied; sale is in as‑is, where‑is condition; Built in 1945
