18-Unit Multifamily Investment
For Sale
Contact for pricing
409-412 Pearl Drive, Pearl, MS 39208
Multi-family property with strong rental history in Pearl, MS.
Property Size8,400 SF
Days on Market239
Property Features for 409-412 Pearl Drive
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Multifamily
Building Details
Year Built
1953
Listing Agency:
NAI UCR Properties
(601) 720-7891
Listed By:
Micah McCullough, CCIM, SIOR · License #MS #B-18980
(601) 720-7891
Source:
Naiglobal
Added: Dec 3, 2025
Changed: Jul 10
Last Checked: Jul 30 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI UCR Properties
Investment Insights
Based on property information with market context.
This multi-family property at 409-412 Pearl Drive, Pearl, MS, features 18 units across four buildings, presenting an investment opportunity in a prime location. The property consists of studio-style units with 1 bedroom and 1 bath. Buildings 409-410 were constructed in the mid-1950s, Building 411 in 1967, and Building 412 in the mid-1970s; the roof of Building 412 was replaced around 2020. Seventeen of the 18 units have been upgraded. The property is located off of Hwy 80 in Pearl, MS, approximately 1/2 mile from Pearson Road and 2 miles from I-20. It is near major shopping centers, grocery stores, dining, retailers, and the Rankin County school district. The property is self-managed, with all utilities handled by the owner. The property has no laundry hookups on-site. The property has a 94% occupancy rate and strong rental history and income potential. The property's location provides convenient access to the airport.
Key Highlights
- Excellent investment opportunity with strong rental history and income potential.
- Boasting a high occupancy rate of 94%.
- Convenient location near major shopping centers, grocery stores, dining, retailers, the airport and the Rankin County school district.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 39208, MS
34,228
Population
13,931
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
47.8 sq mi
ZIP Area
716
Density / Sq Mi
$58,878
Median Household Income
$40,785
Median Earnings
$1,157
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-family property with strong rental history in Pearl, MS.
Where is this apartment building located?
The property is located at 409-412 Pearl Drive Pearl, MS.
What are key features of this property?
This property features: Excellent investment opportunity with strong rental history and income potential.; Boasting a high occupancy rate of 94%.; Convenient location near major shopping centers, grocery stores, dining, retailers, the airport and the Rankin County school district.
