700 - 712 North Jefferson Street Jackson, MS 39202

Building Details

Year Built

1960

Listing Agency c***@ucrproperties.com Show Phone

Listed by Clayton Kirkland Show Phone

Source Naiglobal

Added: Mar 6 Checked: Jul 17 at 5:25 am

Report an Issue

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

---

Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $549,900

  5,605 SF

  Historic Office Building with Flex Space

  Renovated 1907 colonial-style office with eight offices, conference space, and ADA-accessible restrooms near the State Capitol.

  737 N State Street, Jackson, MS 39202

  View Details
• 

  $799,000

  12,318 SF

  Retail/Warehouse Flex Building

  Flex-style retail/warehouse property with glass frontage and dock-high access plus rear storage.

  1434 Old Square Road, Jackson, MS 39211

  View Details
• 

  $139,000

  2,877 SF

  Flex Office Warehouse with Roll-Up

  Concrete-block flex building includes private offices and a rear warehouse area with a roll-up door.

  305 Lorenz Boulevard, Jackson, MS 39213

  View Details
• 

  $199,000

  9,614 SF

  Updated Office Building with Live-Work

  Updated office space offers live-work flexibility and nearby Farmers Market and Fairgrounds with favorable ingress/egress access.

  617 Rio, Jackson, MS 39202

  View Details
• 

  $265,000

  2,550 SF

  Live-Work Flex Office Property

  Newly remodeled office plus a separate shop with roll-up door, each with its own full bathroom.

  1030 Greymont Street, Jackson, MS 39202

  View Details
• 

  $345,000

  4,679 SF

  Professional Office Building with Parking

  Professional office building zoned C-3 with reception, private offices, conference room, kitchen, and private parking lot.

  17 Northtown Drive, Jackson, MS 39211

  View Details
• 

  $400,000

  8,651 SF

  Retail Building with Flexible Interior

  Freestanding retail building with flexible interior layout and parking on an approximately one-acre site on Woodrow Wilson Avenue.

  320 W Woodrow Wilson Avenue, Jackson, MS 39213

  View Details
• 

  $249,000

  3,045 SF

  University Boulevard Commercial Opportunity

  Gas station with tanks and pumps, remodel opportunity.

  1141 University Boulevard, Jackson, MS 39204

  View Details
• 

  $106,000

  9,600 SF

  Large Storefront Commercial Building

  Large storefront building totaling about 9,600 sq ft, sold as-is with flexible layout.

  1240 Ellis Avenue, Jackson, MS 39209

  View Details
• 

  $750,000

  286,000 SF

  Office and Industrial Flex Property

  For-sale property features a 10,181 sq. ft. office building with fenced, gated site and gravel parking areas.

  3906 I-55 S Frontage Road, Jackson, MS 39212

  View Details
• 

  $249,900

  1,843 SF

  Traditional Tudor-Style Office Building

  Standalone office building with a traditional layout, including private offices and a reception area, plus off-street parking.

  629 N Jefferson Street, Jackson, MS 39202

  View Details
• 

  $640,000

  10,514 SF

  Two-Building Industrial Flex Facility

  Two-building industrial and flex setup with enclosed warehouse, loading overhang, and multiple drive-in doors on a sizable site.

  5129 South McRaven Road, Jackson, MS 39209

  View Details

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.