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Property Description

Back on market after buyer had financing difficulties. Excellent investment property in the highly desirable Fondren area! This triplex has been a popular rental for decades. It is located on a quiet street in one of Fondren's favorite neighborhoods. Unit A and Unit B each have 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry hookups. The rear unit is an efficiency floorplan with a kitchen and laundry hookup. PLEASE SEE FLOORPLAN SKETCH in the photos section. The property has been owned by long-term MS investors who are retiring. The property is in need of an extensive renovation. After the property was vacated, the seller spent $6K on mold remediation and removal of damaged drywall and flooring. The seller decided to sell the property in as-is condition at a price that would allow investors to complete the renovation project to their specifications. When it was last leased, the property generated a gross monthly income of $2750 from all 3 units. Units B and C are metered together so the landlord paid those utilities; Unit A paid its own. This is a great opportunity to create 3 splendid market-rate rentals on one of the sweetest streets in beautiful Fondren with a potential of a combined monthly rental of around $3400 - 3800.

Overview

Property Status
Sold
Date Sold
April 15, 2026
Lot Size
10,890 Sq.Ft.
MLS ID
4124678
Property Type
Multi-Family
Year Built
1948

Features & Amenities

Total Area
2,297 Sq.Ft.
Neighborhood
Rankin County
Stories
1
Water Source
Public
Utilities
Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Roof
Asphalt
Lot Features
Level
Parking
Covered, Driveway, Concrete
Heat Type
Central, Other
Air Conditioning
Central Air, Wall/Window Unit(s)
Sewer
Public Sewer
Substructure
Conventional
Other Exterior Features
Private Yard
Elementary School
Boyd
Middle School
Bailey APAC
High School
Murrah
Price Upon Request

Downloads

607 Arrowhead Drive, Abc

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Thank you

for your interest in 607 Arrowhead Drive, Abc, Jackson, MS 39216

607 Arrowhead Drive, Abc
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