Residential Income

New Albany, MS Residential Income Properties for Sale

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Ingomar, MS Myrtle, MS Blue Springs, MS Tupelo, MS Sherman, MS Ecru, MS Thaxton, MS Etta, MS
Mixed-Use Building with Retail and Apartments
Updated: Mar 16
Mixed-Use Building with Retail and Apartments

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

$2,990,000
17,255 sqft 0.33 AC lot
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)
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in New Albany, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Multi-Family Duplex Portfolio
Multi-Family Duplex Portfolio

100-124 Mickey Ln, Tupelo, MS 38826

$1,590,000
16,400 sqft 1.25 AC lot

A 14-unit duplex portfolio featuring 2 furnished short-term rentals and 12 long-term units, all 2 bed/1 bath.

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Agricultural Land Tract with Ponds
Agricultural Land Tract with Ponds

County Road 222, Oxford, MS 38655

$4,615,673
169.90 AC lot

169.9-acre agricultural tract with open pasture, wooded draws, multiple ponds, and frontage for flexible land and home use.

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Cottage-Style Student Housing Community
Cottage-Style Student Housing Community

200 Park West Loop, Oxford, MS 38655

Contact for pricing
19,177 sqft

18-unit, 53-bed student housing community near Ole Miss with swimming pool and private patio units.

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14-Unit Apartment Building
14-Unit Apartment Building

100-124 Mickey Lane, Tupelo, MS 38804

$1,590,000
16,400 sqft 1.25 AC lot

Seven duplexes offer a mix of furnished short-term rentals and occupied long-term units in a one-level configuration.

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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.

Residential Lot in North Oaks
Residential Lot in North Oaks

CR 383 Lot 67, New Albany, MS 38652

$38,000
1.50 AC lot

1.5-acre residential lot in North Oaks Subdivision, New Albany.

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Residential Lot in Ingomar Community
Residential Lot in Ingomar Community

Cr 94 Lot 10, New Albany, MS 38652

$75,000
2.75 AC lot

Beautiful 2.75-acre building lot ready for construction.

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Residential Land in Ingomar Community
Residential Land in Ingomar Community

County Road 94 Lot 7, New Albany, MS 38652

$65,000
3.63 AC lot

3.63 acre residential lot in New Albany, Mississippi.

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Residential Land in Ingomar Community
Residential Land in Ingomar Community

County Road 94 Lot 6, New Albany, MS 38652

$65,000
3.65 AC lot

3.65 acre residential building lot in New Albany, MS.

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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
MOBILE HOME PARK, TRAILER PARK

New Albany, MS 38652

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

New Albany, MS 38652

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

New Albany, MS 38652

Value Estimation by Request
View details

New Albany, MS Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in New Albany, MS on our real estate platform. These investment opportunities span a total of 17,255 square feet of properties for sale, with an estimated market value of $2,990,000.

Sale prices for residential income properties in New Albany, MS average $2,990,000 — 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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Demographics Overview

Population 16K
Population Growth (5Y) -7.1%
Median Household Income $54,321
College Educated 26.5%

High-Yield Neighborhoods for Investment

Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38652 $3M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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