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Property profile & analytics
OFF-MARKET
Land

107 Pearcy St Indianola, MS 38751

3,806 SF 0.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-unit multifamily property ideally situated on a spacious 0.25-acre lot in the heart of Indianola, Mississippi. Located at 107 East Percy Street, this property boasts a prime location close to the downtown area, offering convenient access to local amenities and services. The building itself comprises 3,806 square feet, thoughtfully divided into two generously sized units, each occupying a full floor. Both units are currently leased, generating a consistent cash flow for the discerning investor. The property's attractive features include large front porches, perfect for enjoying the Mississippi climate. The asking price is $199,750, representing a compelling value for a property of this caliber in a thriving market. This multifamily building presents a rare chance to acquire a stable, income-generating asset with significant potential for future growth. The property's size and location make it an ideal investment for both seasoned and novice investors seeking a strong return on investment in a desirable Mississippi location. The property is classified as both commercial and residential, offering flexibility for future use. This is a turnkey opportunity to own a piece of Indianola's vibrant real estate market. The property is conveniently located in Sunflower County, Mississippi, with a zip code of 38751.

Property profile
Verified
Property type Land
Total area 3,806 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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