TURNKEY 13-unit multi-family investment in New Albany!
Bodhi's Bungalows is a 100% renovated high demand income-producer operating on a lucrative flexible-living model. Formerly a historic 1950s motel, it has been completely reimagined into a community-centric asset.
Unit Mix: 10 1-bed/1-bath units, 2 2-bed/1-bath units and 1 value-add basement unit under renovation. Each unique apartment features a private bath, fridge, and microwave.
Premier Amenities & Ancillary Income: Residents enjoy an updated kitchen with stainless appliances and assigned cabinets, a media lounge with a 72'' TV, and an outdoor patio with grills. Boost your NOI immediately with the on-site coin operated laundry and vending machines. Ample parking with a new concrete overflow lot. Excellent cash flow opportunity!
For sale
$899,900
430 Oak St, New Albany, MS 38652
--beds
--baths
5,000sqft
Multi Family
Built in ----
-- sqft lot
$839,400 Zestimate®
$180/sqft
$-- HOA
What's special
On-site coin operated laundryOutdoor patio with grillsPrivate bathAssigned cabinets
- 37 days |
- 81 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Donna Edwards 662-871-7587,
Keller Williams 662-506-4175
Source: NMMLS,MLS#: 26-1929
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Facts & features
Interior
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Lot
- Size: 0.3 Acres
Details
- Parcel number: 040N0805000
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $57,010
- Annual tax amount: $1,257
- Date on market: 5/29/2026
Estimated market value
$839,400
$797,000 - $881,000
$1,012/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $899,900$180/sqft |
Source:  NMMLS #26-1929 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,224 -0.3% | $8,552 |
| 2023 | $1,228 +22.7% | $8,552 +23.1% |
| 2022 | $1,001 +2.9% | $6,947 |
| 2021 | $973 | $6,947 |
| 2020 | $973 +13.1% | $6,947 +9.9% |
| 2017 | $861 | $6,321 |
| 2016 | $861 | $6,321 |
| 2015 | -- | $6,321 +7% |
| 2014 | -- | $5,907 |
| 2013 | -- | $5,907 |
| 2012 | -- | $5,907 |
| 2011 | -- | $5,907 +5.7% |
| 2010 | -- | $5,586 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 38652
Nearby schools
GreatSchools rating
- 7/10New Albany Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 5/10New Albany Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10New Albany High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Mississippi
- Union County
- New Albany
- 38652
- 430 Oak St
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