Investor Special! Two Homes, One Price - Cash Flow from Day One! Here's your chance to own not one, but TWO income-producing properties on a single lot for just $273,000! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income--well above the 1% rule! Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes. Opportunities like this are rare--two homes, one property, fully rented, and priced to sell. Don't miss it!
Active
Price cut: $5K (5/26)
$273,000
2039 S Ridge Rd, Jackson, MS 39272
6beds
3,210sqft
Residential, Single Family Residence
Built in 1951
0.61 Acres Lot
$265,400 Zestimate®
$85/sqft
$-- HOA
What's special
- 60 days |
- 467 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Michael Manuel 601-977-9411,
Keller Williams 601-977-9411
Source: MLS United,MLS#: 4146101
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Refrigerator, Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,210
- Total interior livable area: 3,210 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Carport, Covered, Enclosed, Concrete, Gravel
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Fencing: Back Yard
Lot
- Size: 0.61 Acres
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 48540833000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Lake
- Subdivision: Lake Ridgelea
Location
- Region: Jackson
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $104,570
- Annual tax amount: $2,528
- Date on market: 4/15/2026
- Electric utility on property: Yes
Estimated market value
$265,400
$252,000 - $279,000
$2,454/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $273,000-1.8%$85/sqft |
Source: MLS United #4146102 Report a problem | ||
| 4/15/2026 | Listed for sale | $278,000-0.7%$87/sqft |
Source: MLS United #4146101 Report a problem | ||
| 8/7/2025 | Listing removed | $280,000$87/sqft |
Source: MLS United #4113813 Report a problem | ||
| 7/9/2025 | Price change | $280,000-1.7%$87/sqft |
Source: MLS United #4113813 Report a problem | ||
| 6/11/2025 | Price change | $284,900-1.7%$89/sqft |
Source: MLS United #4113813 Report a problem | ||
| 5/20/2025 | Listed for sale | $289,900-3%$90/sqft |
Source: MLS United #4113813 Report a problem | ||
| 3/1/2025 | Listing removed | $299,000$93/sqft |
Source: MLS United #4087864 Report a problem | ||
| 1/3/2025 | Price change | $299,000-3.5%$93/sqft |
Source: MLS United #4098535 Report a problem | ||
| 11/20/2024 | Price change | $310,000-1.6%$97/sqft |
Source: MLS United #4087864 Report a problem | ||
| 8/29/2024 | Listed for sale | $315,000+61.5%$98/sqft |
Source: MLS United #4087864 Report a problem | ||
| 9/14/2023 | Sold | -- |
Source: MLS United #4053537 Report a problem | ||
| 7/21/2023 | Pending sale | $195,000$61/sqft |
Source: MLS United #4053537 Report a problem | ||
| 7/19/2023 | Listed for sale | $195,000+37.3%$61/sqft |
Source: MLS United #4053537 Report a problem | ||
| 4/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/26/2023 | Price change | $1,375-8.3% |
Source: Zillow Rentals Report a problem | ||
| 4/22/2023 | Price change | $1,500+9.1% |
Source: Zillow Rentals Report a problem | ||
| 4/11/2023 | Price change | $1,375-6.8% |
Source: Zillow Rentals Report a problem | ||
| 4/7/2023 | Listed for rent | $1,475+18% |
Source: Zillow Rentals Report a problem | ||
| 3/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/4/2021 | Listed for rent | $1,250+31.6% |
Source: Zillow Rental Manager Report a problem | ||
| 6/3/2019 | Listing removed | $950 |
Source: Right Size Realty, LLC #320249 Report a problem | ||
| 5/13/2019 | Listed for rent | $950 |
Source: Right Size Realty, LLC #319844 Report a problem | ||
| 11/20/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/12/2018 | Pending sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
| 9/21/2018 | Listed for sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
| 8/13/2018 | Pending sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,454 +718% | $15,686 +110.5% |
| 2023 | $300 | $7,453 |
| 2022 | -- | $7,453 |
| 2021 | -- | $7,453 +0.8% |
| 2020 | -- | $7,394 |
| 2019 | -- | $7,394 |
| 2018 | -- | $7,394 +15.4% |
| 2017 | $680 | $6,407 |
| 2016 | $680 | $6,407 +0.9% |
| 2015 | $680 +1.2% | $6,350 |
| 2014 | $671 | $6,350 |
| 2013 | -- | $6,350 |
| 2012 | -- | $6,350 +140.5% |
| 2011 | -- | $2,640 |
| 2010 | -- | $2,640 |
| 2009 | -- | $2,640 |
| 2008 | -- | $2,640 +46.4% |
| 2007 | -- | $1,803 |
| 2006 | -- | $1,803 |
| 2005 | -- | $1,803 -33.3% |
| 2004 | -- | $2,705 |
| 2003 | -- | $2,705 |
| 2002 | -- | $2,705 +22.2% |
| 2001 | -- | $2,213 +50% |
| 2000 | -- | $1,475 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 39272
Nearby schools
GreatSchools rating
- 3/10Gary Road Intermediate SchoolGrades: 3-5Distance: 1 mi
- 2/10Byram Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Terry High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Gary Road
- Middle: Byram
- High: Terry
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Mississippi
- Hinds County
- Terry
- 39272
- 2039 S Ridge Rd
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