Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.
For sale
$15,950,000
1600 Oxford Pl, Oxford, MS 38655
--beds
--baths
1,030sqft
Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$15,485/sqft
$-- HOA
What's special
Updated stainless-steel appliancesMetal roofs
- 81 days
- 497
- 32
Zillow last checked:
Listing updated:
Listed by:
Tim Phillips,
Crye-Leike Oxford Real Estate 662-234-9868,
Pittman Phillips,
Crye-Leike Oxford Real Estate
Source: NCMBR,MLS#: 168291
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Electric
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 1,030
- Total interior livable area: 1,030 sqft
Property
Lot
- Size: 5.5 Acres
Details
- Zoning description: SUBDIVISION COVENANT
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Other
Location
- Region: Oxford
Financial & listing details
- Price per square foot: $15,485/sqft
- Date on market: 8/25/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $15,950,000$15,485/sqft |
Source: | ||
| 3/31/2026 | Listing removed | $2,600$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Listed for rent | $2,600$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2026 | Listing removed | $2,600$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2026 | Price change | $2,600-3.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/18/2026 | Price change | $2,700-10%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Listed for rent | $3,000+15.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2024 | Listing removed | $2,600$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2024 | Listed for rent | $2,600-3.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/28/2018 | Listing removed | $2,700+68.8%$3/sqft |
Source: Owner Report a problem | ||
| 2/27/2018 | Listed for rent | $1,600$2/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38655
Nearby schools
Schools provided by the listing agent
- District: Oxford
Source: NCMBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



