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For sale by owner
Street View
  • Price increase: $2K (8/14)
    $21,999

    1241 Shirley Ave, Jackson, MS 39204

    0beds
    0baths
    0.34Acres
    VacantLand
    Built in 1950
    0.34 Acres Lot
    $-- Zestimate®
    $36/sqft
    $-- HOA

    What's special

    Level build-ready parcel
    # Premier U.S. Residential Development Opportunity ## 1241 Shirley Ave, Jackson, Mississippi Position your capital in one of the most compelling residential development opportunities available near a major U.S. university corridor. Located just minutes from Jackson State University, **1241 Shirley Ave** offers investors, developers, and international buyers the opportunity to acquire strategically positioned development land at an attractive entry price with exceptional long-term upside. Whether your vision is purpose-built student housing, multifamily apartments, build-to-rent communities, workforce housing, or a phased residential development, this property provides the flexibility to execute a project designed for long-term appreciation and recurring rental income. ### Why This Opportunity Stands Out * Prime location near Jackson State University * Strong demand drivers from students, faculty, healthcare workers, and government employees * Convenient access to major transportation corridors, medical centers, downtown Jackson, and commercial services * Level, build-ready parcel * Existing utility availability, including water, sewer, and electricity * No HOA restrictions * Attractive acquisition cost with significant value-add potential * Opportunity for long-term U.S. dollar-denominated income and asset appreciation As global investors continue seeking stable hard assets, residential development opportunities near established universities remain among the strongest sectors for long-term wealth preservation and income generation. Development land in comparable university markets continues to appreciate while available inventory becomes increasingly scarce. This property offers the opportunity to establish a foothold in the U.S. real estate market before values in the surrounding corridor fully mature. ## Investment Potential With the proper development strategy, this site has the potential to support: * Student housing * Multifamily residential communities * Build-to-rent neighborhoods * Workforce housing * Mixed residential development (subject to buyer verification and local approvals) Its location provides a reliable demand base from university affiliates, nearby medical facilities, government employers, and the broader Jackson workforce, supporting long-term occupancy and rental stability. For international investors, this acquisition also provides exposure to a tangible U.S. real estate asset backed by one of the world's most established legal and financial systems, offering portfolio diversification and protection against currency volatility. ## Buyer Qualification Requirement To protect all parties and ensure an efficient transaction, **all prospective purchasers, investment groups, representatives, and brokers must provide a valid government-issued photo identification before receiving detailed due diligence materials, scheduling property access, or entering into negotiations.** This verification requirement applies equally to domestic and international buyers and helps maintain a secure and professional transaction process. Only qualified buyers who complete this verification step will receive additional property information, development materials, and access for further discussions. ## Serious Inquiries Only Opportunities combining university-driven demand, development flexibility, and favorable acquisition pricing are becoming increasingly difficult to secure. If you are a qualified investor or developer seeking a scalable U.S. residential development opportunity, submit your offer or request the development package today. **Government-issued photo identification is required before due diligence materials, property access, or negotiations will be provided.**
    505 days
    |
    112
    |
    4
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    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: $36/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
        8/14/2026Price change$21,999+10%$36/sqft
        Source: Owner Report a problem
        7/30/2026Price change$19,999-20%$33/sqft
        Source: Owner Report a problem
        7/20/2026Price change$24,999+8.7%$41/sqft
        Source: Owner Report a problem
        7/15/2026Price change$22,999-58.9%$38/sqft
        Source: Owner Report a problem
        7/9/2026Price change$55,999-6.7%$92/sqft
        Source: Owner Report a problem
        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

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Washington Addition

        Getting around

        56 / 100
        Somewhat Walkable
        23 / 100
        Minimal Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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