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  • $3,250,000

    827 N State St, Jackson, MS 39202

    1beds
    23,220sqft
    : 
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    Multi Family
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    Institutional-quality finishesComprehensive security lightingFour-story elevator-served communityPassenger elevatorTile-wrapped shower surroundsBeautifully renovated four-story mid-rise
    City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking for an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access — a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof — Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.
    16 days
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    406
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rimes H Dinkins 601-853-0032,

    Madison Properties, Inc. 601-853-0032

    Source: MLS United,MLS#: 4152159

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator, Water Heater
      Features
      • Elevator, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Tile, Wood
      Interior area
      • Total structure area: 23,220
      • Total interior livable area: 23,220 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: Three Or More
      • Stories: 3
      • Exterior features: Private Entrance
      • Fencing: Privacy,Wrought Iron,Fenced
      • Waterfront features: None
      Lot
      • Size: 0.53 Acres
      Details
      • Parcel number: 00400004025

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: Concrete Perimeter, Slab
      • Roof: Other
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Natural Gas in Kitchen

      Community & HOA

      Community
      • Security: Gated Community, Security System, Smoke Detector(s)
      • Subdivision: City View
      Location
      • Region: Jackson

      Financial & listing details

      • Price per square foot: $140/sqft
      • Annual tax amount: $38,312
      • Date on market: 6/9/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $991/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$3,250,000$140/sqft
        Source: MLS United #4152159 Report a problem
        4/24/2026Listing removed$1,160
        Source: Zillow Rentals Report a problem
        4/10/2026Price change$1,160-2.9%
        Source: Zillow Rentals Report a problem
        3/18/2026Price change$1,195-0.4%
        Source: Zillow Rentals Report a problem
        3/9/2026Listed for rent$1,200
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 39202

          Getting around

          73 / 100
          Very Walkable
          30 / 100
          Some Transit
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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