Two-Unit
For Sale
$269,900
584749 5847-49 Old Canton Rd, Jackson, MS 39211
Each residence offers two bedrooms, two bathrooms, a laundry closet, and hard-surface flooring throughout.
Property Size2,160 SF
Price / SF$124.95
Days on Market49
Property Features for 584749 5847-49 Old Canton Rd
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Gross Income
$31,200
Amenities
laundry closet
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
The Kommany Group LLC
Listed By:
Darouny Kommany · License #B18951
(601) 454-5714
Source:
Fiorellaavenue
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 7 at 5:32PM
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 The Kommany Group LLC
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Investment Insights
Based on property information with market context.
Built in 1973, this 2,160-square-foot duplex contains two residential units, each configured with two bedrooms and two bathrooms. Both residences include a dedicated laundry closet, and the interiors use ceramic tile and vinyl flooring rather than carpet. The roof was replaced two years ago.
The property is located at 5847-49 Old Canton Rd in Jackson, near shopping, dining, and entertainment. Both units are currently occupied and are managed by a management company. The property is being offered in its existing condition.
The property is located at 5847-49 Old Canton Rd in Jackson, near shopping, dining, and entertainment. Both units are currently occupied and are managed by a management company. The property is being offered in its existing condition.
Key Highlights
- 2,160‑square‑foot duplex with two residential units
- Each unit includes 2 bedrooms and 2 bathrooms
- Laundry closet provided in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,235
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,700
$284.7K
Cap Rate 7%
$203,357
$203.4K
Cap Rate 9%
$158,167
$158.2K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$22.0K $10.20/SF
− Vacancy
−$1.7K −$0.79/SF
EGI
$20.3K $9.41/SF
− OpEx
−$6.1K −$2.82/SF
NOI
$14.2K $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%
$284,700
Cap Rate 7%
$203,357
Cap Rate 9%
$158,167
Alternative Uses
Best Use
Multifamily LT 5
$203.4K
$177.9K – $237.3K
NOI $14,235 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$189.8K
$166.1K – $221.5K
NOI $13,287 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$370.1K
$323.9K – $431.8K
NOI $25,910 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 39211, MS
24,900
Population
11,334
Households
2.2
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
2,024
Density / Sq Mi
$68,415
Median Household Income
$40,523
Median Earnings
$1,273
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, two bathrooms, a laundry closet, and hard-surface flooring throughout.
Where is this duplex located?
The property is located at 584749 5847-49 Old Canton Rd Jackson, MS.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,160‑square‑foot duplex with two residential units; Each unit includes 2 bedrooms and 2 bathrooms; Laundry closet provided in both units
