Well-maintained 28-unit Project-Based Section 8 multifamily community located at 411 Court Street, Vaiden, MS. The property is 95% occupied and benefits from a long-term HUD HAP contract in place through 2036, providing stable, government-backed income. Built in 1981, the asset spans approximately 21,926 SF on ±3.44 acres and is zoned R-4 Multifamily. Positioned in the county seat of Carroll County with convenient access to Highway 51 and Highway 35, and supported by nearby retail, medical, and educational amenities. Turnkey affordable housing investment with long-term cash flow and future redevelopment or 4%/9% LIHTC potential.
Active
$1,500,000
411 Court St, Vaiden, MS 39176
2beds
22,561sqft
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
- 276 days
- 38
- 0
Zillow last checked:
Listing updated:
Listed by:
Gene E Adams 901-461-4363,
Gene Adams Realty 901-654-7589
Source: MLS United,MLS#: 4135007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 22,561
- Total interior livable area: 22,561 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Exterior features: See Remarks
- Waterfront features: See Remarks
Lot
- Size: 3 Acres
Details
- Parcel number: 123a23A0032000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Brick Veneer
- Foundation: Slab
- Roof: Architectural Shingles
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Vaiden
Financial & listing details
- Price per square foot: $66/sqft
- Annual tax amount: $22,837
- Date on market: 1/3/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2026 | Listed for sale | $1,500,000$66/sqft |
Source: MLS United #4135007 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment