3718 N State Street, Jackson, MS 39216
$385,000
Property Type:
Res Income Multi-Fam
Bedrooms:
8
Square Footage:
4,435
Lot Size (sq. ft.):
14,375
Status:
Closed
Current Price:
$415,000
List Date:
9/18/2025
Last Modified:
1/22/2026
Description
Don't miss this rare opportunity to own a fully- leased quadplex just minutes from the vibrant Fondren Business District — Jackson's premier hub for dining, shopping, and local culture. Situated on a quiet street with easy access to I-55 and UMMC, this property is ideal for investors seeking a high-demand rental location with long-term growth potential. Recent updates include interior and exterior renovations, minimizing capital expenditures and maximizing returns. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey asset, this quadplex delivers immediate income in one of Jackson's most desirable rental markets.
More Information MLS# 4126113
Address and Location Information
Parcel Number: 0050-0003-000
Directions to Property: From I-55 take Meadowbrook Road all the way west to State Street. Take a left on State Street. The building is on the left - just past Downing Street.
Community Of: N/A
Street Number: 3718
Street Direction: N
Street Name: State
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39216
Subdivision: Fondren
Listing Information
Listing Service: Full Service
Estimated Completion Date: 2025-09-30
Never Occupied: No
Status: Closed
List Date: 2025-09-18
List Price: $415,000
Current Price: $385,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 4
Approx Lot Size Acres: 0.33
SqFt Source: Public Records
List Price/SqFt: 93.57
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 0
Total Floors: 3
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
School District: Jackson Public
Elementary School: McWillie
Elementary School 2: Boyd
Intermediate School: N/A
Middle or Junior School: Bailey APAC
High School: Murrah
Accessibility Features: No
Approx H/C SqFt: 4435
Year Built: 1949
Bedrooms Total: 8
Bathrooms Full: 4
Tax and Financial Information
Tax Annual Amount: 3604
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: Yes
Association: No
Covenants Y/N: No
Legal Description: LOT 3 BLK A CHEROKEE HGTS
Remarks & Miscellaneous
Public Remarks: Don't miss this rare opportunity to own a fully- leased quadplex just minutes from the vibrant Fondren Business District — Jackson's premier hub for dining, shopping, and local culture. Situated on a quiet street with easy access to I-55 and UMMC, this property is ideal for investors seeking a high-demand rental location with long-term growth potential. Recent updates include interior and exterior renovations, minimizing capital expenditures and maximizing returns. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey asset, this quadplex delivers immediate income in one of Jackson's most desirable rental markets.
Status Change Info
Appraised SqFt: 3015
Sold Price/SqFt: 86.81
Contract Date/Pending Date: 2025-10-26
Closing Date: 2026-01-09
Structure Type
Multi Family: 1
Income & Expenses
Annual Net Income: 44400
Offsite Management: 4440
Onsite Management: 0
Architectural Style
Colonial: 1
Lot Features
City Lot: 1
Front Yard: 1
Rectangular Lot: 1
Sloped: 1
Additional Type Details
Apartments - 5 or Fewer: 1
Levels
Three Or More: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Assumption: Non-Qualify
1031 Exchange: 1
Cash: 1
Conventional: 1
Workshop Features
Workshop: No
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Lockbox Location: See Remarks
Interior Features
Ceiling Fan(s): 1
Crown Molding: 1
Entrance Foyer: 1
High Speed Internet: 1
Laminate Counters: 1
Storage: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Special Purpose Rooms
Living/Dining Combo: 1
Panic/Storm Room: 1
Storm/Safe Room: 1
Tenant Pays
All Utilities: 1
Deposit: 1
Kitchen Features
Custom Cabinets: 1
Kitchen/Family Room View: 1
Solid Surface Counters: 1
Bathroom Features
5 Foot Tub: 1
Fireplace Features
None: 1
Appliances
Electric Range: 1
Gas Water Heater: 1
Refrigerator: 1
Walls - Interior
Plaster: 1
Flooring
Luxury Vinyl: 1
Wood: 1
Window Features
Blinds: 1
Wood Frames: 1
Door Features
Dead Bolt Lock(s): 1
Double Entry: 1
Metal Insulated: 1
Laundry Features
Common Area: 1
Inside: 1
Laundry Room: 1
Lower Level: 1
Security Features
Carbon Monoxide Detector(s): 1
Security Lights: 1
Smoke Detector(s): 1
Cooling
Attic Fan: 1
Ceiling Fan(s): 1
Window Unit(s): 1
Heating
Natural Gas: 1
Space Heater: 1
Wall Furnace: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Masonry: 1
Siding: 1
Roof
Asphalt Shingle: 1
Exterior Features
Awning(s): 1
Lighting: 1
Private Entrance: 1
Rain Gutters: 1
Patio And Porch Features
Front Porch: 1
Patio: 1
Slab: 1
Fencing
None: 1
Driveway Features
Concrete Drive: 1
Gravel Drive: 1
Rear Entrance: 1
Parking Features
Parking Total: 8
Driveway: 1
Gravel: 1
Parking Lot: 1
Community Features
Near Entertainment: 1
Shopping Nearby: 1
Sidewalks: 1
Street Lights: 1
Barn Features
Barn: No
Horse Amenities
Horse Amenities: No
Attic Features
Attic: Yes
Gable Vent: 1
Basement Features
Basement: Yes
Bath/Stubbed: 1
Block: 1
Concrete: 1
Exterior Entry: 1
Full: 1
Interior Entry: 1
Partially Finished: 1
Storage Space: 1
Water Heater
40 Gallons or Less: 1
Natural Gas: 1
Available Documents
Leases: 1
Pro Forma: 1
Disclosures
Agent Owned: 1
Lead Paint: 1
Approx Age Code
Older Home 25+ Years: 1
Parking Spaces
# Parking Spaces Uncovered: 8
2 Space Unit: 1
Uncovered Parking?
1-25 Spaces: 1
Lease Term
12 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Number of Rooms: 5
Rent: 1000
Furnished: No
Leased: No
Occupied: No
Unit 1 Appliances
Range: 1
Refrigerator: 1
Vent Fan: 1
Water Heater - Gas: 1
Unit 2
Bedrooms: 2
Full Baths: 1
Number of Rooms: 5
Rent: 1000
Furnished: No
Leased: Yes
Occupied: Yes
Unit 2 Appliances
Range: 1
Refrigerator: 1
Vent Fan: 1
Water Heater - Gas: 1
Unit 3
Bedrooms: 2
Full Baths: 1
Number of Rooms: 5
Rent: 900
Furnished: No
Leased: Yes
Occupied: Yes
Unit 3 Appliances
Range: 1
Refrigerator: 1
Vent Fan: 1
Water Heater - Gas: 1
Unit 4
Bedrooms: 2
Full Baths: 1
Number of Rooms: 5
Rent: 800
Furnished: No
Leased: Yes
Occupied: Yes
Unit 4 Appliances
Range: 1
Refrigerator: 1
Vent Fan: 1
Water Heater - Gas: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartments - 5 or Fewer
Architectural Style: Colonial
Lot Features: City Lot; Front Yard; Rectangular Lot; Sloped
Levels: Three Or More
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes; Trash Collection; Water
Tenant Pays: All Utilities; Deposit
Interior Features: Ceiling Fan(s); Crown Molding; Entrance Foyer; High Speed Internet; Laminate Counters; Storage
Special Purpose Rooms: Living/Dining Combo; Panic/Storm Room; Storm/Safe Room
Kitchen Features: Custom Cabinets; Kitchen/Family Room View; Solid Surface Counters
Bathroom Features: 5 Foot Tub
Fireplace Features: None
Appliances: Electric Range; Gas Water Heater; Refrigerator
Walls - Interior: Plaster
Flooring: Luxury Vinyl; Wood
Window Features: Blinds; Wood Frames
Door Features: Dead Bolt Lock(s); Double Entry; Metal Insulated
Laundry Features: Common Area; Inside; Laundry Room; Lower Level
Security Features: Carbon Monoxide Detector(s); Security Lights; Smoke Detector(s)
Cooling: Attic Fan; Ceiling Fan(s); Window Unit(s)
Heating: Natural Gas; Space Heater; Wall Furnace
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Asphalt Shingle
Exterior Features: Awning(s); Lighting; Private Entrance; Rain Gutters
Patio And Porch Features: Front Porch; Patio; Slab
Fencing: None
Driveway Features: Concrete Drive; Gravel Drive; Rear Entrance
Parking Features: Driveway; Gravel; Parking Lot
Community Features: Near Entertainment; Shopping Nearby; Sidewalks; Street Lights
Attic Features: Gable Vent
Basement Features: Bath/Stubbed; Block; Concrete; Exterior Entry; Full; Interior Entry; Partially Finished; Storage Space
Water Heater: 40 Gallons or Less; Natural Gas
Lease Term: 12 Months
Disclosures: Agent Owned; Lead Paint
Approx Age Code: Older Home 25+ Years
Parking Spaces: 2 Space Unit
Available Documents: Leases; Pro Forma
Unit 1 Appliances: Range; Refrigerator; Vent Fan; Water Heater - Gas
Unit 2 Appliances: Range; Refrigerator; Vent Fan; Water Heater - Gas
Unit 3 Appliances: Range; Refrigerator; Vent Fan; Water Heater - Gas
Unit 4 Appliances: Range; Refrigerator; Vent Fan; Water Heater - Gas
Listing Office:
Realty of America (ROA)
Listing Agent:
Jenny Price
Last Updated: January - 22 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.