Income-Producing 4-Plex in the Heart of Tupelo! Fantastic opportunity to add a fully occupied multifamily property to your investment portfolio. Located at 1201 W Main St, this property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a desirable mix of floor plans for long-term rental demand. Each unit is currently leased at $800 per month, providing immediate cash flow from day one. Conveniently situated near downtown Tupelo, shopping, restaurants, schools, and major employers, this property combines strong occupancy with an excellent location. Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey property offers stable rental income and long-term upside.
| MLS # | 4155253 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 43 |
| Listing Provided By | Sell Your Home Services, LLC. | Daniel Demers |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,031 |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.26 |
| Water Front | None |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central, Fireplace(s) |
| Interior Features | Ceiling Fan(s) |
| Furnished | No |
| Appliances | None |
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Construction Materials | Brick |
| Foundation Details | Slab |
| Lot Features | Corner Lot, Front Yard |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Available, Water Connected |
|---|
| Property | 408 |
|---|
| State | MS |
|---|---|
| County | Lee |
| City | Tupelo |
| Zip Code | 38801 |
| Area | Lee |
| Listing VS Median (in 38801) | |
Price: $215,000 low | high Med: $95,000 sqft: 2,031 low | high Med: 1,305 $ / sqft: $106 low | high Med: $73 On site: 43 low | high Med: 21 | |
| State | MS |
|---|---|
| County | Lee |
| City | Tupelo |
| Zip Code | 38801 |
| Area | Lee |
| Listing VS Median (in 38801) | |
Price: $215,000 low | high Med: $95,000 sqft: 2,031 low | high Med: 1,305 $ / sqft: $106 low | high Med: $73 On site: 43 low | high Med: 21 | |