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Four-Unit Tiny Home Multifamily Property
For Sale
$699,000

48 Smith Rd, Picayune, MS 39466

MULTI_FAMILY - Picayune, MS

Property Size2,112 SF
Lot Size10.44 Acres
Price / SF$330.97
Days on Market216

Property Features for 48 Smith Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 1
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Elementary school district Pic-Southside
Middle school district Pic-Southside
High school district Pic-Southside
Subdivision 3-S of McNeil Henleyfield-NOT in Picayune City Lim
Standard status Active
APN 5175210000001705/ PPIN:043886
Size 2,112 SF
Lot size 10.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2368

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Well
Water front features Pond

Amenities

central heat and air
ceiling fans
utility/laundry room
front porch
back stoop
pond
RV hookup

Building Details

Year built 2023
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials HardiPlank Type
Roof type Composition
Listing Agency: The Real Estate Company, LLC
Listed By: Donna Molina · License #20487
Added: Jan 28 Changed: Aug 3 Last Checked: Sep 1 at 1:06AM
MLS# 185348

Copyright © 2026 Pearl River County Board 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 2023 multifamily property comprises four separate tiny homes totaling 2,112 square feet on 10.44 acres. Each dwelling includes a living room, private bedroom, bathroom, and utility or laundry room, along with a front porch and rear stoop. The homes are furnished and feature central air conditioning, central electric heat, ceiling fans, vinyl flooring, HardiPlank-type siding, and composition roofs.

The property includes a pond, partially cleared land, and views of the surrounding natural setting. Water is supplied by a well, with septic tank service in place, and an RV hookup adds another established site feature. Located in Picayune, Mississippi, the property offers four completed residential units within a larger acreage setting.

Key Highlights

  • Four separate tiny homes totaling 2,112 square feet
  • 10.44‑acre multifamily property with pond frontage
  • Each unit includes a bedroom, bathroom, living room, and utility/laundry room

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Pet Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 39466, MS

27,897
Population
12,870
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
152.8 sq mi
ZIP Area
183
Density / Sq Mi
$50,926
Median Household Income
$32,889
Median Earnings
$907
Median Rent
$161,400
Median Home Value

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?
Multifamily property - Four furnished dwellings offer private living, bedroom, bathroom, and laundry areas with central air and heat.
Where is this multifamily property located?
The property is located at 48 Smith Rd Picayune, MS.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four separate tiny homes totaling 2,112 square feet; 10.44‑acre multifamily property with pond frontage; Each unit includes a bedroom, bathroom, living room, and utility/laundry room
More about this property
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