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For sale by owner
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  • Price cut: $10K (6/9)
    $59,999

    1241 Shirley Ave, Jackson, MS 39204

    0beds
    0baths
    0.34Acres
    : 
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    VacantLand
    Built in 1950
    0.34 Acres Lot
    $-- Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Parcel is level
    Premier U.S. Residential Development Opportunity – 1241 Shirley Ave, Jackson, Mississippi Position your capital inside one of the most accessible and scalable U.S. residential development opportunities currently available near a major university corridor. Located near Jackson State University, this strategically positioned site offers international investors the ability to secure a high-upside U.S. real estate asset at a basis rarely seen in comparable university-driven markets. Designed for expansion and long-term yield generation, the property is ideally suited for institutional-scale residential development, student housing, or build-to-rent execution. This is more than a land acquisition. It is an opportunity to establish a foothold in the American housing market through a project capable of generating recurring income, long-term appreciation, and U.S. dollar-backed asset security. Global capital continues to move toward hard assets in stable jurisdictions, and U.S. residential housing near universities and employment centers remains one of the strongest sectors for long-term capital preservation and income generation. 1241 Shirley Ave presents an opportunity to acquire development-positioned land before pricing in the surrounding corridor fully matures. The site supports multiple development strategies, including purpose-built student housing, multifamily residential communities, build-to-rent housing, or a phased master-planned project. Its proximity to Jackson State University creates a continuous demand pipeline from students, faculty, staff, and nearby workforce tenants, supporting occupancy stability and long-term rental demand. The property also benefits from close access to medical centers, government facilities, employment hubs, transportation corridors, and commercial infrastructure throughout central Jackson. Comparable university-market development land across the United States continues to rise in value while inventory becomes increasingly limited. This asset offers investors a below-market entry point with significant room for value creation, stronger development margins, and long-term appreciation potential. For international buyers, this investment provides direct exposure to U.S. dollar-denominated assets while offering protection against currency volatility and inflationary pressure. Investors also gain portfolio diversification through a hard asset located within one of the world’s most stable legal and financial systems. The parcel is level and build-ready with utility access already in place, including water, sewer, and electricity. The property also benefits from no HOA restrictions and flexible zoning potential for higher-density residential development, subject to buyer verification. With the right development vision, this site has the potential to become a high-performing residential community capable of producing recurring cash flow and long-term capital growth. Opportunities that combine scalable development flexibility, university-driven demand, and favorable acquisition pricing are becoming increasingly difficult to secure in U.S. growth markets. Serious investors and development groups are encouraged to act quickly to secure early positioning and maximize long-term upside potential. Submit your offer or request a development brief today.
    453 days
    |
    72
    |
    3
    |
    Listed by:

    Property Owner (707) 478-1088

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 0
      Features
      • Has fireplace: No
      Interior area
      • Total interior livable area: 611 sqft

      Property

      Features
      • Exterior features: Wood
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 162391

      Community & HOA

      Location
      • Region: Jackson

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $4,700
      • Annual tax amount: $136
      • Date on market: 4/7/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $768/mo

        Price history

        DateEventPrice
        6/9/2026Price change$59,999-14.3%$98/sqft
        Source: Owner Report a problem
        5/29/2026Price change$69,999-24.7%$115/sqft
        Source: Owner Report a problem
        5/19/2026Price change$92,999-7%$152/sqft
        Source: Owner Report a problem
        3/23/2026Price change$99,999+11.1%$164/sqft
        Source: Owner Report a problem
        3/12/2026Price change$89,999-10%$147/sqft
        Source: Owner Report a problem
        2/10/2026Price change$99,999-39.4%$164/sqft
        Source: Owner Report a problem
        1/21/2026Price change$165,000-10.8%$270/sqft
        Source: Owner Report a problem
        1/13/2026Price change$185,000+5.7%$303/sqft
        Source: Owner Report a problem
        8/3/2025Price change$175,000+12.9%$286/sqft
        Source: Owner Report a problem
        7/19/2025Price change$155,000+6.9%$254/sqft
        Source: Owner Report a problem
        7/17/2025Price change$145,000+2016.8%$237/sqft
        Source: Owner Report a problem
        7/11/2025Price change$6,850-0.7%$11/sqft
        Source: Owner Report a problem
        7/7/2025Price change$6,900+11.3%$11/sqft
        Source: Owner Report a problem
        6/20/2025Price change$6,200+19.2%$10/sqft
        Source: Owner Report a problem
        6/5/2025Price change$5,200+4%$9/sqft
        Source: Owner Report a problem
        4/11/2025Price change$4,9990%$8/sqft
        Source: Owner Report a problem
        4/7/2025Listed for sale$5,000-16.7%$8/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/19/2018Listing removed$6,000$10/sqft
        Source: Owner Report a problem
        8/10/2018Listed for sale$6,000$10/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$136 +0.5%$705
        2023$136 $705
        2022-- $705 -51.2%
        2021-- $1,445 +1.5%
        2020-- $1,424
        2019-- $1,424
        2018-- $1,424
        2017$263 $1,424
        2016$263 $1,424 +0.8%
        2015$263 +3.8%$1,413
        2014$253 $1,413 -32.2%
        2013-- $2,085
        2012-- $2,085 +6.3%
        2011-- $1,961
        2010-- $1,961
        2009-- $1,961
        2008-- $1,961 +14.7%
        2007-- $1,710
        2006-- $1,710
        2005-- $1,710
        2004-- $1,710
        2003-- $1,710
        2002-- $1,710 -14.4%
        2001-- $1,998
        2000-- $1,998

        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.
        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: Washington Addition

        Getting around

        57 / 100
        Somewhat Walkable
        23 / 100
        Minimal Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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