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For sale by owner
Street View
  • Price cut: $952 (9/26)
    $19,998

    1241 Shirley Ave, Jackson, MS 39204

    0beds
    0baths
    0.34Acres
    VacantLand
    Built in 1950
    0.34 Acres Lot
    $-- Zestimate®
    $33/sqft
    $-- HOA

    What's special

    Parcel is level
    Premier U.S. Residential Development Opportunity 1241 Shirley Avenue, Jackson, Mississippi Secure 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 Avenue offers investors, developers, and international buyers the chance 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 The property benefits from a prime location near Jackson State University and strong demand drivers that include students, faculty, healthcare workers, and government employees. It offers convenient access to major transportation corridors, medical centers, downtown Jackson, and commercial services. The parcel is level and ready for construction, with water, sewer, and electricity already available, and it carries no HOA restrictions. The acquisition cost is attractive and leaves significant room to add value, while the investment offers the potential for long term U.S. dollar denominated income and asset appreciation. Investment Potential With the right development strategy, this site can support a range of uses, including student housing, multifamily residential communities, build to rent neighborhoods, workforce housing, and mixed residential development, subject to buyer verification and local approvals. Its location provides a reliable demand base drawn from university affiliates, nearby medical facilities, government employers, and the broader Jackson workforce, which supports long term occupancy and rental stability. For international investors, this acquisition also provides exposure to a tangible U.S. real estate asset within one of the world's most established legal and financial systems, offering portfolio diversification and a hedge against currency volatility. Buyers are encouraged to confirm the property's ownership, tax status, and legal description through the Hinds County records, and to verify our credentials with the Mississippi Real Estate Commission. All transactions will be closed through the title company or closing attorney listed above. How to Move Forward We welcome inquiries from qualified investors, developers, and their representatives. To begin, please submit a brief written expression of interest, such as a letter of intent or preliminary offer, along with a proof of funds letter or a redacted bank statement. Buyers using financing may provide a lender pre-approval or financing letter instead. Upon receipt, we will provide a mutual nondisclosure agreement. Once it is signed, qualified buyers will receive the full due diligence package, including development materials and survey information, and may schedule a property visit. Identity verification will be handled securely by the title company or closing attorney once a purchase agreement has been executed, in keeping with standard industry practice. We do not collect government issued identification directly. Opportunities that combine university driven demand, development flexibility, and favorable acquisition pricing are increasingly difficult to secure. If you are a qualified investor or developer seeking a scalable U.S. residential development opportunity, we invite you to submit your expression of interest and proof of funds today.
    552 days
    87
    4
    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: $33/sqft
      • Tax assessed value: $4,700
      • Annual tax amount: $137
      • Date on market: 4/7/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/26/2026Price change$19,998-4.5%$33/sqft
        Source: Owner Report a problem
        8/31/2026Price change$20,950-4.8%$34/sqft
        Source: Owner Report a problem
        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$8/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$137 +0.5%$705
        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.
        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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