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827 N State Street

Jackson, MS 39202
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$3,250,000 $13,702/Mo
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Bed 1

Bed

Bath 1

Bath

Acres0.53

Acre(Lot)

City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking f or an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access — a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof — Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,250,000

AD Id : 82056679

MLS Id : 4152159

Beds : 1

Lot Size : 0.53 Acre

Year Built : 1941

County : Hinds

Subdivision: Coopers Creek

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Map

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

  • Flooring Information

    Ceramic Tile, Tile, Wood

  • Roofing Information

    Other

  • Interior Features

    Elevator, Walk-In Closet(s) Roof: Other Appliances: Cooktop, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator, Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1941 Building Area Total: 23220 Construction Materials: Stucco Stories: 4 Private Pool: No

  • Exterior Features

    Exterior Features: Private Entrance

  • Lot Information

    Main Square Feet: 0.53 Acres Lot Size Acres: 0.53 Lot Size Square Feet: 23086.8

    Property Information

    Subdivision: City View Source Property Type: Residential Income Levels: Three Or More Property Age: 85

  • Listing Price Information

    Listing Price: $3250000 Cash, Contract, Conventional

  • Tax Information

    Parcel Number: 0040-0004-025 Tax Year: 2025 Annual Tax: $38312 Tax Legal Desc: 110 FT W/S N STATE ST X 209.4 FT E & W N OF BUTLER S OF CITY PROP IN 5 A LOT 4 N J

  • Parking Information

    Assigned

  • School Information

    Elementary School: Other
    Junior High School: Other
    Senior High School: Other

  • Utility Information

    Natural Gas Available, Sewer Available

  • Location Information

    WaterSource: Public Security Features: Gated Community, Security System, Smoke Detector(s)
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Nearby Home Value

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2117 Riverside Drive, Jackson, MS, 39202 $250,000 5 3 --
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1827 Piedmont Street, Jackson, MS, 39202 $185,000 2 1 --
1602 Saint Ann Street, Jackson, MS, 39202 $299,000 4 3 --
1227 Belvoir Place, Jackson, MS, 39202 $525,000 3 4 --
1231 Monroe Street, Jackson, MS, 39202 $160,000 3 2 --

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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.

ByOwner last updated this listing 06/11/2026 @ 07:39

MLS: 4152159 LISTED BY: Rimes Dinkins, Madison Properties, Inc. 601-853-0032 SOURCE: MLS United LLC

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