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23027 Indian Ridge Rd, Picayune, MS 39466

16beds

9,733sqft

Multi Family, Duplex

Built in 2006

-- sqft lot

$597,000 Zestimate^®

$--/sqft

$1,563 Estimated rent

Home value

$597,000

$496,000 - $722,000

$1,563/mo

Zestimate^® history

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$1,563/mo

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What's special

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.

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 & HOA

Community

Subdivision: Metes And Bounds

Location

Region: Picayune

Financial & listing details

Tax assessed value: $394,373
Annual tax amount: $6,117
Date on market: 9/10/2025
Tenant pays: Cable TV, Electricity
Electric utility on property: Yes

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
9/2/2019	Listed for sale	$450,000$46/sqft
Source: GARDNER REALTORS-BSL #352859 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,252 +0.4%	$59,156 +0.3%
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%
2021	$6,565	$59,430 +8.2%
2020	$6,565 +4.6%	$54,950
2019	$6,279 -0.8%	$54,950 -0.4%
2018	$6,328	$55,155
2017	$6,328 +10.4%	$55,155
2016	$5,734	$55,155 +8.1%
2015	$5,734 -1.9%	$51,027 +0.1%
2014	$5,843 +3.3%	$50,989
2013	$5,657 +3.7%	$50,989 +4.9%
2012	$5,455 +3.6%	$48,585 -2.2%
2010	$5,264 +2.1%	$49,670
2008	$5,158	$49,670