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New Albany, MS Residential Income Properties for Sale

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Hamilton Place Mixed-Use Property
$3,300,000
17,255 SF

Hamilton Place Mixed-Use Property

130-132 W Bankhead St, New Albany, MS 38652

Historical downtown New Albany property with retail and apartments.

  • 100% Occupancy of Existing Apartments
  • Potential for Developing a 3rd Floor Penthouse for Additional Income
  • Prime Location in the Heart of Downtown New Albany
  • Includes an Adjacent 1000 sq/ft Nail Salon for Added Income
  • Historical Buildings (Hamilton Place)
Updated: Mar 16
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Historic Mixed-Use Hamilton Place
Contact for pricing
17,255 SF

Historic Mixed-Use Hamilton Place

130 W Bankhead St, New Albany, MS 38652

Historic mixed-use property in downtown New Albany, Mississippi.

  • Historic Landmark: Own a meticulously preserved historic building (built in 1885 and 1887) in downtown New Albany.
  • Income‑Producing Asset: Generates approximately $169,000 in annual income with potential to reach $240,000 annually, plus additional income.
  • Diverse Tenant Mix: Features thriving, long‑term commercial tenants on the first floor.
  • Updated Residential Condos: Includes four meticulously updated residential condos on the second floor.
  • Penthouse Potential: Third‑floor penthouse offers a significant opportunity to increase income.
Updated: Mar 6
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in New Albany, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tupelo Multi-Family Investment Opportunity
$1,590,000
16,400 SF

Tupelo Multi-Family Investment Opportunity

Fourteen-unit multi-family property in Tupelo, Mississippi, with investment potential.

100-124 Mickey Ln, Tupelo, MS 38826
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Tupelo Multifamily Investment Opportunity
$1,590,000
16,400 SF

Tupelo Multifamily Investment Opportunity

Fourteen-unit multifamily property in West Tupelo with investment potential.

100-124 Mickey Ln, Tupelo, MS 38804
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Established Rental Property For Sale
Contact for pricing
7,942 SF

Established Rental Property For Sale

Established rental property with income potential on 11.5 acres.

1 County Road 4072, Oxford, MS 38655
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Oxford Development Opportunity Near Campus
$7,285,500
16.19 Acres

Oxford Development Opportunity Near Campus

16.19 acres for multi-family development near Ole Miss.

Ferndale Blvd, Oxford, MS 38655
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

6.3 Acres Vacant Land
$39,000
6.30 Acres

6.3 Acres Vacant Land

Wooded 6.3 acre tract in Union County, MS.

State Highway 30 East, New Albany, MS 38652
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Explore Off-Market Properties in New Albany, MS

Consider similar Off-Market properties in New Albany, MS. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

New Albany, MS 38652

New Albany, MS 38652

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
New Albany, MS 38652
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New Albany, MS 38652

New Albany, MS 38652

MOBILE HOME PARK, TRAILER PARK • 6.10 Acres
Value Estimation by Request
New Albany, MS 38652
View details
New Albany, MS 38652

New Albany, MS 38652

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
New Albany, MS 38652
View details

New Albany, MS Residential Income Properties Investment Opportunities Market Analysis

Explore 8 residential income properties for sale in New Albany, MS on our real estate platform. These investment opportunities span a total of 14,375 square feet of properties for sale, with an estimated market value of $3,300,000.

Sale prices for residential income properties in New Albany, MS start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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