3805 N State Street, Jackson, MS 39216
$450,000
Property Type:
Res Income Multi-Fam
Bedrooms:
8
Square Footage:
4,666
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$450,000
List Date:
8/01/2025
Last Modified:
1/12/2026
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# 4121227
Address and Location Information
Parcel Number: 0053-0016-000
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 right - on the corner of State Street and Downing Street.
Community Of: N/A
Street Number: 3805
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: 2025-07-31
Never Occupied: No
Status: Closed
List Date: 2025-08-01
List Price: $450,000
Current Price: $450,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 4
Approx Lot Size Acres: 0.25
SqFt Source: Public Records
List Price/SqFt: 96.44
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 4
Total Floors: 2
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: 4666
Year Built: 1940
Bedrooms Total: 8
Bathrooms Full: 4
Tax and Financial Information
Tax Annual Amount: 3274
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: S 1/2 LOTS 16 & 17 BLK H NORTHVIEW ADDN
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: 4434
Sold Price/SqFt: 96.44
Contract Date/Pending Date: 2025-08-14
Closing Date: 2025-09-18
Structure Type
Quadruplex: 1
Income & Expenses
Annual Net Income: 54000
Gross Operating Income: 38191
Offsite Management: 2700
Total Operating Expenses: 13109
Architectural Style
Colonial: 1
Lot Features
City Lot: 1
Corner Lot: 1
Few Trees: 1
Front Yard: 1
Level: 1
Open Lot: 1
Additional Type Details
Apartments - 5 or Fewer: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Workshop Features
Workshop: No
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Interior Features
Built-in Features: 1
Cedar Closet(s): 1
Ceiling Fan(s): 1
Crown Molding: 1
Laminate Counters: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Fiber to the House: 1
Natural Gas in Kitchen: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Repairs: 1
Taxes: 1
Special Purpose Rooms
Living/Dining Combo: 1
Tenant Pays
All Utilities: 1
Deposit: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Number Limit: 1
Size Limit: 1
Kitchen Features
Solid Surface Counters: 1
Bathroom Features
5 Foot Tub: 1
Shared Primary Bath: 1
Fireplace Features
Gas: 1
Insert: 1
Living Room: 1
Appliances
Free-Standing Electric Oven: 1
Gas Water Heater: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer/Dryer: 1
Washer/Dryer Stacked: 1
Walls - Interior
Plaster: 1
Flooring
Luxury Vinyl: 1
Tile: 1
Wood: 1
Window Features
Blinds: 1
Wood Frames: 1
Door Features
Dead Bolt Lock(s): 1
Laundry Features
Electric Dryer Hookup: 1
In Kitchen: 1
Washer Hookup: 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
Wall Furnace: 1
Foundation Details
Conventional: 1
Exterior Construction/Siding
Asbestos: 1
Siding: 1
Roof
Asphalt Shingle: 1
Exterior Features
Awning(s): 1
Lighting: 1
Rain Gutters: 1
Patio And Porch Features
None: 1
Fencing
Back Yard: 1
Partial: 1
Privacy: 1
Wood: 1
Driveway Features
Gravel Drive: 1
Rear Entrance: 1
Parking Features
Parking Total: 8
Assigned: 1
Detached Carport: 1
On Street: 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: No
Crawl Space: 1
Exterior Entry: 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 Covered: 4
# Parking Spaces Uncovered: 4
1 Space Unit: 1
Lease Term
12 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Number of Rooms: 6
Rent: 1100
Furnished: No
Leased: Yes
Occupied: Yes
Description: 12 Month Lease
Unit 1 Appliances
Dryer: 1
Free Standing Stove: 1
Refrigerator: 1
Washer: 1
Water Heater - Gas: 1
Unit 2
Bedrooms: 2
Full Baths: 1
Number of Rooms: 6
Rent: 1100
Furnished: No
Leased: Yes
Occupied: Yes
Description: 12 Month Lease
Unit 2 Appliances
Dryer: 1
Free Standing Stove: 1
Refrigerator: 1
Vent Fan: 1
Washer: 1
Water Heater - Gas: 1
Unit 3
Bedrooms: 2
Full Baths: 1
Number of Rooms: 6
Rent: 1200
Furnished: No
Leased: Yes
Occupied: Yes
Description: 12 month lease
Unit 3 Appliances
Free Standing Stove: 1
Refrigerator: 1
Water Heater - Gas: 1
Unit 4
Bedrooms: 2
Full Baths: 1
Number of Rooms: 6
Rent: 1100
Furnished: No
Leased: Yes
Occupied: Yes
Description: 12 month lease
Unit 4 Appliances
Free Standing Stove: 1
Refrigerator: 1
Water Heater - Gas: 1
Property Features
Structure Type: Quadruplex
Additional Type Details: Apartments - 5 or Fewer
Architectural Style: Colonial
Lot Features: City Lot; Corner Lot; Few Trees; Front Yard; Level; Open Lot
Levels: Two
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes
Tenant Pays: All Utilities; Deposit
Interior Features: Built-in Features; Cedar Closet(s); Ceiling Fan(s); Crown Molding; Laminate Counters
Special Purpose Rooms: Living/Dining Combo
Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit
Kitchen Features: Solid Surface Counters
Bathroom Features: 5 Foot Tub; Shared Primary Bath
Fireplace Features: Gas; Insert; Living Room
Appliances: Free-Standing Electric Oven; Gas Water Heater; Refrigerator; Stainless Steel Appliance(s); Washer/Dryer; Washer/Dryer Stacked
Walls - Interior: Plaster
Flooring: Luxury Vinyl; Tile; Wood
Window Features: Blinds; Wood Frames
Door Features: Dead Bolt Lock(s)
Laundry Features: Electric Dryer Hookup; In Kitchen; Washer Hookup
Security Features: Carbon Monoxide Detector(s); Security Lights; Smoke Detector(s)
Cooling: Attic Fan; Ceiling Fan(s); Window Unit(s)
Heating: Natural Gas; Wall Furnace
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Fiber to the House; Natural Gas in Kitchen
Sewer: Public Sewer
Water Source: Public
Foundation Details: Conventional
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Asphalt Shingle
Exterior Features: Awning(s); Lighting; Rain Gutters
Patio And Porch Features: None
Fencing: Back Yard; Partial; Privacy; Wood
Driveway Features: Gravel Drive; Rear Entrance
Parking Features: Assigned; Detached Carport; On Street; Parking Lot
Community Features: Near Entertainment; Shopping Nearby; Sidewalks; Street Lights
Attic Features: Gable Vent
Basement Features: Crawl Space; Exterior Entry
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: 1 Space Unit
Available Documents: Leases; Pro Forma
Unit 1 Appliances: Dryer; Free Standing Stove; Refrigerator; Washer; Water Heater - Gas
Unit 2 Appliances: Dryer; Free Standing Stove; Refrigerator; Vent Fan; Washer; Water Heater - Gas
Unit 3 Appliances: Free Standing Stove; Refrigerator; Water Heater - Gas
Unit 4 Appliances: Free Standing Stove; Refrigerator; Water Heater - Gas
Listing Office:
Pricepoint LLC.
Listing Agent:
Jenny Price
Last Updated: January - 12 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.