Two-Unit Duplex with Private
New
For Sale
$199,900
4134 N State Street lot 36, Jackson, MS 39206
Residential Income, Jackson, MS
Property Size2,054 SF
Lot Size0.24 Acres
Price / SF$97.32
Days on Market5
Property Features for 4134 N State Street lot 36
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2
Parking features
Paved or Surfaced, Garage
Security features
Security System
Window features
Wood Frames
Patio and Porch features
Deck, Patio
Exterior features
Private Entrance, Private Yard
Appliances
Disposal, Built-In Range, Water Heater
Subdivision
Fondren
Elementary school
Casey
Middle school
Kirksey Middle
High school
Callaway
Standard status
Active
APN
0050-0101-000
Size
2,054 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 20 BLK D CHEROKEE HGTS
Tax Annual Amount
2876
Legal Description
LOT 20 BLK D CHEROKEE HGTS
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Water front
1
Building Details
Year built
1947
Floors in Building
2
Number of units
2
Flooring type
Wood
Roof type
Shingle
Listing Agency:
Havard Real Estate Group, LLC
(601) 340-9656
Listed By:
Ben Hill · License #S49820
(601) 384-6509
Added: Oct 20
Changed: Oct 22
Last Checked: Oct 24 at 8:06AM
MLS# 4166077
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 two-story duplex contains two residences, each arranged with two bedrooms, one bathroom, and living and dining areas. Hardwood floors, private entrances, and private yards serve the units. The property also includes a garage, paved parking, a deck, and a patio.
The building measures 2,054 square feet on a 0.24-acre lot and was built in 1947. Central natural gas heating and central air conditioning are installed, with ceiling fans also listed. Public water and sewer serve the property.
The building measures 2,054 square feet on a 0.24-acre lot and was built in 1947. Central natural gas heating and central air conditioning are installed, with ceiling fans also listed. Public water and sewer serve the property.
Key Highlights
- Two‑story duplex with two units
- Each unit has two bedrooms, one bathroom, and living and dining areas
- 2,054 square feet on a 0.24‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,536
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,720
$270.7K
Cap Rate 7%
$193,371
$193.4K
Cap Rate 9%
$150,400
$150.4K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$21.0K $10.20/SF
− Vacancy
−$1.6K −$0.79/SF
EGI
$19.3K $9.41/SF
− OpEx
−$5.8K −$2.82/SF
NOI
$13.5K $6.59/SF
Area
Jackson, MS
Vacancy
7.70%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,720
Cap Rate 7%
$193,371
Cap Rate 9%
$150,400
Alternative Uses
Best Use
Multifamily LT 5
$193.4K
$169.2K – $225.6K
NOI $13,536 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$180.5K
$157.9K – $210.6K
NOI $12,635 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$352.0K
$308.0K – $410.6K
NOI $24,638 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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Business Placement
Demographics for 39206, MS
22,553
Population
11,237
Households
2
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,563
Density / Sq Mi
$41,611
Median Household Income
$32,410
Median Earnings
$1,084
Median Rent
$117,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and separate living and dining areas.
Where is this duplex located?
The property is located at 4134 N State Street lot 36 Jackson, MS.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑story duplex with two units; Each unit has two bedrooms, one bathroom, and living and dining areas; 2,054 square feet on a 0.24‑acre lot
