109 Pearcy St Indianola, MS 38751
This exceptional investment opportunity presents a two-unit multifamily property ideally situated in Indianola, Mississippi, within Sunflower County. Located at 109 East Pearcy Street, this property boasts a prime location near the downtown area, offering convenient access to local amenities and services. The building encompasses a substantial 2,475 square feet, distributed across two spacious units, each occupying a floor of the two-story structure. Currently leased and generating positive cash flow, this property represents a stable income stream for the discerning investor. The generous 0.25-acre lot provides ample space and potential for future development or expansion. Each unit features large front porches, overlooking East Pearcy Street, adding to the property's curb appeal and tenant desirability. The asking price for this income-producing asset is $155,000, making it an attractive proposition in the current market. This multifamily property is classified as both commercial and residential, offering versatility and potential for various investment strategies. The property's size and location make it a compelling investment opportunity in the thriving Indianola market. The zip code is 38751.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.