Fully Entitled Multifamily Development Opportunity – Oxford, MS. Rare opportunity to acquire a fully entitled 1-acre multifamily development site just minutes from the University of Mississippi. Located on Anchorage Road north of Anderson Road, this highly desirable location offers convenient access to campus, retail, dining, and Oxford's strongest rental market. The property includes permit-ready, fully approved development plans, allowing a buyer to move directly toward construction while avoiding the time and expense of the entitlement process. The thoughtfully designed project maximizes bedroom count without compromising quality, delivering an attractive, upscale product designed to meet strong student and workforce housing demand. An ideal opportunity for developers looking to enter or expand within the thriving Oxford/Ole Miss market with minimal development risk and a streamlined path to completion.
Lot/land
Price cut: $55K (9/23)
$595,000
197 Anchorage Rd, Oxford, MS 38655
--beds
--baths
1.03Acres
Lots
Built in ----
1.03 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 115 days
- 21
- 2
Zillow last checked:
Listing updated:
Listed by:
Wil Matthews,
Matthews Real Estate 662-234-3878
Source: NCMBR,MLS#: 167998
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1.03 Acres
Details
- Parcel number: 146R24033.00
- Zoning: SMF
- Zoning description: OXFORD
Community & HOA
Community
- Subdivision: None
Location
- Region: Oxford
Financial & listing details
- Date on market: 7/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Price change | $595,000-8.5% |
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| 7/13/2026 | Listed for sale | $650,000+120.3% |
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| 2/6/2024 | Listing removed | -- |
Source: | ||
| 1/25/2024 | Pending sale | $295,000 |
Source: | ||
| 11/1/2023 | Listed for sale | $295,000+7.3% |
Source: | ||
| 6/12/2023 | Listing removed | -- |
Source: | ||
| 3/21/2023 | Price change | $275,000-6.8% |
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| 1/4/2023 | Listed for sale | $295,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 38655
Nearby schools
Schools provided by the listing agent
- District: Oxford
Source: NCMBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





