Excellent investment opportunity in the heart of Magee! This well-maintained 4-unit multifamily property is 100% occupied and producing immediate income with a gross monthly rental income of approximately $2,900. Featuring a durable metal roof and low-maintenance exterior, this property offers strong cash flow potential with reduced ownership expenses.Conveniently located adjacent to Magee schools and close to shopping, dining, and everyday amenities, the property benefits from consistent rental demand and a solid tenant history. Each unit offers functional living space, dedicated parking, and easy access, making this an attractive option for both tenants and investors.Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this fully occupied four-plex presents a rare opportunity to own a stable, cash-flowing property in a desirable location. Don't miss your chance to secure this proven income-producing investment in one of Magee's established residential areas.
Pending
$349,900
101 5th Ave NW, Magee, MS 39111
2beds
3,294sqft
Multi Family
Built in 1970
-- sqft lot
$324,400 Zestimate®
$106/sqft
$-- HOA
What's special
- 12 days |
- 44 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kimberly D Walker 601-273-2180,
E Speed Realty 601-988-5974,
Olivia J Adams 601-818-8377
Source: MLS United,MLS#: 4153554
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Electric
Features
- Fireplace features: Outside
Interior area
- Total structure area: 3,294
- Total interior livable area: 3,294 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Waterfront features: None
Lot
- Size: 0.34 Acres
Details
- Parcel number: 4069n0002303500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Magee
Financial & listing details
- Price per square foot: $106/sqft
- Annual tax amount: $3,544
- Date on market: 6/22/2026
- Electric utility on property: Yes
Estimated market value
$324,400
$302,000 - $344,000
$995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $349,900$106/sqft |
Source: MLS United #4153554 Report a problem | ||
| 6/22/2026 | Listed for sale | $349,900$106/sqft |
Source: MLS United #4153554 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 39111
Nearby schools
GreatSchools rating
- 4/10Magee Elementary SchoolGrades: K-5Distance: 1.6 mi
- 2/10Magee Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Magee High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Magee
- Middle: Magee
- High: Magee
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Mississippi
- Simpson County
- Magee
- 39111
- 101 5th Ave NW




