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Historic Multifamily Property with Duplexes
For Sale
$1,285,000

701 N Union St, Natchez, MS 39120

Greek Revival residence accompanied by four duplex units, two additional apartments, gardens, garages, and covered parking.

Property Size6,850 SF
Price / SF$187.59
Days on Market45

Property Features for 701 N Union St

General Information

Standard status Active
Size 6,850 SF
Total Parking Spaces 5
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR, 1 x studio, 1 x 1BR, 1 x 6BR
Multifamily Units 7

Additional Details

Gross Income $57,600
Road Access Yes

Amenities

lush front lawn
South side garden
Bluestone paved rear garden
fountain area
laundry

Building Details

Year Built 1860
Buildings 3
Listing Agency: Crescent Sotheby's International Realty
Listed By: Douglas Adams · License #S57911
Source: Fiorellaavenue
Added: Jul 18 Changed: Aug 30 Last Checked: Aug 30 at 6:49PM

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 Crescent Sotheby's International Realty

Investment Insights

Based on property information with market context.

This multifamily property combines an 1860 Greek Revival antebellum mansion with two separate duplex buildings. The duplexes contain four rental units, each configured with two bedrooms, a kitchen, bathroom, laundry area, and shotgun-style circulation. Two more apartments flank the main residence: one is a studio with an efficiency kitchenette, while the other includes one bedroom, a living room, bathroom, and efficiency kitchenette.

The property extends from 701 N Union Street to 706 N Rankin Street and includes six bedrooms and six bathrooms in the primary residence, for a total of 14 bedrooms and 12 bathrooms across the improvements. Exterior features include elevated front lawn areas, a south garden, a bluestone rear garden with mature trees and azaleas, and a central fountain area. Two garages provide covered parking for up to five vehicles. The property also includes a storage unit adjoining the north parking area.

Key Highlights

  • 1860 Greek Revival antebellum mansion
  • Two duplex buildings containing 4 rental units
  • Total of 14 bedrooms and 12 bathrooms across the property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service Big Box & Wholesale Store Pharmacy Bakery (Bike/Boat/Book/etc) Store

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

7
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 39120, MS

29,634
Population
14,963
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
83%
High-School Grad
484.2 sq mi
ZIP Area
61
Density / Sq Mi
$40,586
Median Household Income
$33,334
Median Earnings
$720
Median Rent
$106,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Greek Revival residence accompanied by four duplex units, two additional apartments, gardens, garages, and covered parking.
Where is this multifamily property located?
The property is located at 701 N Union St Natchez, MS.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: 1860 Greek Revival antebellum mansion; Two duplex buildings containing 4 rental units; Total of 14 bedrooms and 12 bathrooms across the property
More about this property
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