OWNER/AGENT
Investment Opportunity - 10-Unit Multi-Family Property on 2 Acres
Rare opportunity to own a well-maintained, income-producing 10-unit multi-family property situated on a spacious 2-acre parcel. This turnkey investment is 100% occupied and boasts strong, consistent cash flow with a reliable management team already in place.
Each building on the property has seen significant capital improvements, including new roofs installed within the last five years and individual septic systems for each building replaced in 2022.
Closed
Price Unknown
23027 Indian Ridge Rd, Picayune, MS 39466
16beds
9,733sqft
Multi Family, Duplex
Built in 2006
-- sqft lot
$590,200 Zestimate®
$--/sqft
$1,418 Estimated rent
Home value
$590,200
$561,000 - $620,000
$1,418/mo
Zestimate® history
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Owner options
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 01:19pm
Listed by:
Nick Ray 228-547-0087,
RE/MAX Results In Real Estate, Inc.
Bought with:
Lacey McArn Perniciaro, S56914
Coastal Realty Group
Source: MLS United,MLS#: 4125178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Interior area
- Total structure area: 9,733
- Total interior livable area: 9,733 sqft
Property
Parking
- Parking features: Shared Driveway, Unpaved, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: See Remarks
- Fencing: None
Lot
- Size: 2.02 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 036023038.013
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Brick Veneer, Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank, See Remarks
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & neighborhood
Location
- Region: Picayune
- Subdivision: Metes And Bounds
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Sold | -- |
Source: MLS United #4125178 Report a problem | ||
| 1/16/2026 | Pending sale | $600,000$62/sqft |
Source: MLS United #4125178 Report a problem | ||
| 9/10/2025 | Listed for sale | $600,000+33.3%$62/sqft |
Source: MLS United #4125178 Report a problem | ||
| 1/10/2020 | Sold | -- |
Source: MLS United #18308003_3352859 Report a problem | ||
| 1/2/2020 | Pending sale | $450,000$46/sqft |
Source: Gardner Realtors GC #172562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,226 +2.3% | $58,997 +4.8% |
| 2023 | $6,087 -1.9% | $56,270 +0.1% |
| 2022 | $6,207 -5.5% | $56,187 -5.5% |
Find assessor info on the county website
Neighborhood: 39466
Nearby schools
GreatSchools rating
- 4/10Nicholson Elementary SchoolGrades: K-6Distance: 7.3 mi
- 4/10Picayune Junior High SchoolGrades: 7-8Distance: 7.1 mi
- 6/10Picayune Memorial High SchoolGrades: 9-12Distance: 7.1 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$590,200
2% more
+$11,804
With Zillow Showcase(estimated)
$602,004
- Mississippi
- Hancock County
- Picayune
- 39466
- 23027 Indian Ridge Rd