700 - 712 North Jefferson Street Jackson, MS 39202
Value-add multifamily opportunity in Belhaven neighborhood, Jackson.
Type:Multifamily
Property size:
75,500 SFLot size:
2.42 Acres- Added:
- Mar 6, 2026
- Days on Market:
- 28
- Last Refresh:
- Apr 1 at 11:20 pm
Property Features for 700 - 712 North Jefferson Street
General Information
- Standard status
- Active
- Size
- 75,500 SF
- Lot size
- 2.42 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing agent Clayton Kirkland (601) 981-6800
Listing office (601) 981-6800
Listing date Mar 6, 2026
Source Naiglobal
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 Clayton Kirkland
Overview
96-Unit Multifamily Value-Add Opportunity
Deville Apartments presents a value-add opportunity. The property consists of two three-story multifamily buildings, originally constructed in 1960. Partial renovations have been completed within the past 12 months. The property includes 96 dwelling units totaling approximately 75,500 square feet, situated on 2.42 acres in the Belhaven neighborhood of Jackson. Located in the Belhaven Heights area, the property is positioned along the eastern right-of-way line of N. Jefferson Street, north of High Street and south of E. Fortification Street. The property currently has 85% occupancy, with potential for lease-up upside. Capital improvements of over $1.5 million have been deployed, with approximately $14,000 invested per renovated unit on the majority of units. There are 38 units remaining for renovation and rent growth. Electrical panel upgrades have been completed. A newly implemented RUBS program is adding approximately $56,000 in annual income. The gated community includes onsite laundry and resident amenities. The property is located in Belhaven, near downtown and the medical district of Jackson.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1798
- Latitude
- 32.2904
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily opportunity in Belhaven neighborhood, Jackson.
Where is this apartment building located?
The property is located at 700 - 712 North Jefferson Street Jackson, MS.
What are key features of this property?
This property features: Value‑Add Opportunity: 38 units ready for renovation, unlocking significant rent growth.; High Occupancy: Currently 85% occupied, presenting lease‑up potential.; Significant Capital Improvements: Over $1.5MM invested in property upgrades.
