Updated Residential Income
New
For Sale
$125,000
A-2455 River Oaks Blvd, Jackson, MS 39211
The townhouse includes refreshed interior finishes and recent exterior improvements.
Property Size1,048 SF
Price / SF$119.27
Days on Market6
Property Features for A-2455 River Oaks Blvd
General Information
Standard status
Active
Size
1,048 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,305
Listing Agency:
Key Stride Realty
(769) 251-1520
Listed By:
Mitzi Marsh · License #S55635
(601) 906-1072
Source:
Exprealty
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 6 at 2:54AM
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 Key Stride Realty
Investment Insights
Based on property information with market context.
This 1,048-square-foot townhouse has a living area, updated bathrooms, new flooring, and fresh interior paint. Exterior work includes a new roof installed in November 2024, plus new gutters and shutters; appliances have also been replaced. The property is presented for residential occupancy or potential rental use.
The address is minutes from Ridgeland, Madison, Jackson, and Brandon.
The address is minutes from Ridgeland, Madison, Jackson, and Brandon.
Key Highlights
- Townhouse with 1,048 square feet of living area
- Roof replaced in November 2024
- Updated bathrooms, new flooring, and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,446
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,920
$128.9K
Cap Rate 7%
$92,086
$92.1K
Cap Rate 9%
$71,622
$71.6K
Market Conditions
NOI Build-Up for 1,048 SF
Gross rent
$12.6K $12.00/SF
− Vacancy
−$855 −$0.82/SF
EGI
$11.7K $11.18/SF
− OpEx
−$5.3K −$5.03/SF
NOI
$6.4K $6.15/SF
Area
Jackson, MS
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,920
Cap Rate 7%
$92,086
Cap Rate 9%
$71,622
Alternative Uses
Best Use
Apartment 5plus
$92.1K
$80.6K – $107.4K
NOI $6,446 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.6K
$157.1K – $209.5K
NOI $12,571 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
291
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The townhouse includes refreshed interior finishes and recent exterior improvements.
Where is this residential income property located?
The property is located at A-2455 River Oaks Blvd Jackson, MS.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Townhouse with 1,048 square feet of living area; Roof replaced in November 2024; Updated bathrooms, new flooring, and fresh interior paint
