Income-Producing 4-Plex in the Heart of Tupelo! Fantastic opportunity to add a fully occupied multifamily property to your investment portfolio. Located at 1201 W Main St, this property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a desirable mix of floor plans for long-term rental demand. Each unit is currently leased at $800 per month, providing immediate cash flow from day one. Conveniently situated near downtown Tupelo, shopping, restaurants, schools, and major employers, this property combines strong occupancy with an excellent location. Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey property offers stable rental income and long-term upside.
Pending
$215,000
1201 W Main St, Tupelo, MS 38801
7beds
2,031sqft
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
- 44 days |
- 373 |
- 11 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Daniel Demers 888-219-3009,
Sell Your Home Services, LLC. 888-219-3009
Source: MLS United,MLS#: 4155253
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: None
Features
- Ceiling Fan(s)
- Fireplace features: Other, See Remarks
Interior area
- Total structure area: 2,031
- Total interior livable area: 2,031 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: On Site
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: None
- Waterfront features: None
Lot
- Size: 0.26 Acres
- Features: Corner Lot, Front Yard
Details
- Parcel number: 077r3605500
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Tupelo
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $145,520
- Annual tax amount: $408
- Date on market: 7/9/2026
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Pending sale | $215,000$106/sqft |
Source: MLS United #4155253 Report a problem | ||
| 7/9/2026 | Listed for sale | $215,000-17.3%$106/sqft |
Source: MLS United #4155253 Report a problem | ||
| 2/23/2026 | Listing removed | $260,000$128/sqft |
Source: | ||
| 12/10/2025 | Price change | $260,000-6.8%$128/sqft |
Source: | ||
| 11/13/2025 | Listed for sale | $279,000-6.8%$137/sqft |
Source: | ||
| 2/1/2024 | Listing removed | -- |
Source: | ||
| 10/19/2023 | Price change | $299,500-10.6%$147/sqft |
Source: | ||
| 8/18/2023 | Price change | $335,000-4.3%$165/sqft |
Source: | ||
| 8/11/2023 | Listed for sale | $350,000$172/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,013 +1.5% | $21,828 |
| 2024 | $2,968 +17% | $21,828 +17.3% |
| 2023 | $2,537 +1.9% | $18,606 |
| 2022 | $2,490 | $18,606 |
| 2021 | -- | $18,606 +7.8% |
| 2019 | $2,309 +0.4% | $17,255 |
| 2017 | $2,301 | $17,255 |
| 2016 | -- | $17,255 +9.5% |
| 2015 | -- | $15,765 -0.9% |
| 2014 | -- | $15,908 |
| 2013 | -- | $15,908 |
| 2012 | -- | $15,908 |
| 2011 | -- | $15,908 |
| 2010 | -- | $15,908 |
| 2009 | -- | $15,908 |
| 2008 | -- | $15,908 +8.1% |
| 2007 | -- | $14,711 |
| 2006 | -- | $14,711 |
| 2005 | -- | $14,711 |
| 2004 | -- | $14,711 |
| 2003 | -- | -- |
| 2002 | $1,801 | $15,345 |
| 2001 | -- | $15,345 |
| 2000 | $456 | $15,345 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38801
Nearby schools
GreatSchools rating
- 6/10Rankin Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 7/10Tupelo Middle SchoolGrades: 7-8Distance: 0.4 mi
- 8/10Tupelo High SchoolGrades: 9-12Distance: 2.8 mi
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