Property profile

402 Main St Ellisville, MS 39437

OFF-MARKET
Dormitories
Property ID
US50-0474322
3,550 SF 0.5 ac lot Built 1910
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Property summary

AI-generated overview

This stunning 1910 historical home, located in Ellisville, Mississippi, presents a unique investment opportunity. Situated on a half-acre lot at 402 Main St, this 3,550 square foot, two-story property boasts four bedrooms and has undergone extensive renovations within the last 6-8 months. The property is zoned for the South Jones School District, making it ideally suited for student housing, but also presents potential as a bed and breakfast or Airbnb. Its prime location in a college town with a strong industrial base creates high demand for rental properties and short-term accommodations. The home retains its original character while incorporating modern updates, a blend perfectly suited for discerning tenants or guests. The asking price is $399,000, translating to $112.39 per square foot. Detailed renovation records are available upon request. This property offers a compelling blend of historical charm and modern functionality, promising strong rental income and significant return on investment. The property is agent-owned. Don't miss this chance to own a piece of Ellisville history.

Property profile

Verified
Property type Dormitories
Year built 1910
Total area 3,550 SF
Lot 0.5 ac (21,780 SF)
UPID US50-0474322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

402 Main St Ellisville, MS 39437
Ellisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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