Multifamily Income Property with 8
3352 Livingston Road Jackson, MS 39213
3352 Livingston Road, Jackson, MS, 39213
$625,000
Pending
For Sale
$625,000
Pending
MULTI_FAMILY - Jackson, MS
Property Size4,157 SF
Lot Size0.26 Acres
Days on Market70
Property Features for 3352 Livingston Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 24
- Bathrooms
- 16
- Rooms
- Bedroom 20, Bathroom 15, Bathroom 12, Bathroom 4, Bedroom 6, Bathroom 7, Bedroom 1, Bathroom 11, Bedroom 17, Bedroom 16, Bedroom 23, Bedroom 9, Bedroom 24, Bathroom 6, Bedroom 10, Bedroom 19, Bathroom 1, Bedroom 13, Bathroom 10, Bedroom 21, Bathroom 14, Bathroom 5, Bedroom 22, Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 16, Bathroom 9, Bedroom 11, Bedroom 3, Bedroom 7, Bedroom 12, Bedroom 18, Bathroom 2, Bathroom 3, Bathroom 13, Bedroom 14, Bathroom 8, Bedroom 15
- Standard status
- Pending
- APN
- 0421-0076-000
- Size
- 4,157 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 24 GEO WASHINGTON CARVER ADDN
- Tax Annual Amount
- 2884
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1987
- Floors in Building
- 2
- Number of units
- 8
- Roof type
- Shingle
Listing Agency
Nix-Tann & Associates, Inc.
(601) 982-7918
1776 Lelia Drive, Jackson, MS
Listed by
Mike Hoffman · License #S22757
(601) 214-7714
Added: May 11 Checked: Jul 19 at 12:06 am
MLS# 4148951
Listing URL
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 for-sale income property consists of two buildings totaling eight apartments. Each unit is a 3-bedroom, 2-bath layout with washer/dryer connections available. The property was built in 1987 and underwent remodeling two years ago. The roof is approximately two years old, and most HVAC systems are about one year old. Tenants are responsible for all utilities.
The property is located at 3352 Livingston Road in Jackson, Mississippi (Hinds County) near the 39213 zip area. The listing includes a parcel size of 0.26 acres.
For prospective buyers, the existing 3BR/2BA configuration and tenant-paid utilities may appeal to operators seeking a consistent unit mix. Recent upgrades noted in the remarks include remodeling, roof replacement, and many newer HVAC units, along with in-unit laundry connections across all apartments. No interior photos are included with the listing; buyers should review the space through a showing with their agent.
The property is located at 3352 Livingston Road in Jackson, Mississippi (Hinds County) near the 39213 zip area. The listing includes a parcel size of 0.26 acres.
For prospective buyers, the existing 3BR/2BA configuration and tenant-paid utilities may appeal to operators seeking a consistent unit mix. Recent upgrades noted in the remarks include remodeling, roof replacement, and many newer HVAC units, along with in-unit laundry connections across all apartments. No interior photos are included with the listing; buyers should review the space through a showing with their agent.
Key Highlights
- Income‑producing property: 2 buildings with 4 apartments each, totaling 8 apartments
- Gross rental income listed at $8,000 per month
- Built in 1987; remodeled two years ago
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $12.00 |
| − Vacancy | −$3.4k | −$0.82 |
| EGI | $46.5k | $11.18 |
| − OpEx | −$20.9k | −$5.03 |
| NOI | $25.6k | $6.15 |
4,157 SF · lease $12.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$365.3K
$319.6K – $426.2K
NOI $25,571 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$712.3K
$623.3K – $831.1K
NOI $49,864 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight 3BR/2BA apartments across two buildings support tenant-paid utilities and in-unit washer/dryer connections.
Where is this apartment building located?
The property is located at 3352 Livingston Road Jackson, MS.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Income‑producing property: 2 buildings with 4 apartments each, totaling 8 apartments; Gross rental income listed at $8,000 per month; Built in 1987; remodeled two years ago
