100 Elizabeth Street
Picayune, MS 39466
9
Bed
6
Bath
0.23Acre(Lot)
**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operat
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 6 Full Baths: 6 -
Flooring Information
Vinyl -
Roofing Information
Aluminum, Rolled/Hot Mop -
Interior Features
Ceiling Fan(s), Granite Counters, Kitchen Island, Laminate Counters, Open Floorplan Roof: Aluminum, Rolled/Hot Mop Laundry Features: Inside, Laundry Closet Window Features: Aluminum Frames -
Heating & Cooling
Has Heating: Yes Heating: Ceiling, Central, Electric, Zoned Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s), Zoned
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Building Information
Year Built: 1940 Building Area Total: 4650 Construction Materials: Aluminum Siding, Brick Stories: 2 Patio And Porch Features: Awning(s) Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 10018.8 Lot Description: City Lot, Corner LotProperty Information
Subdivision: None Source Property Type: Residential Income Zoning Description: Central Business District Levels: Two Property Age: 86
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Listing Price Information
Listing Price: $550000 Cash, Conventional
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Tax Information
Parcel Number: 6-17-5-15-001-050-3900 Tax Year: 2025 Annual Tax: $4309 Tax Legal Desc: J.W. SIMMON'S SUB 1ST ADD BLOCK H LOT 3 & E 60' OF LOT 2 BK 888 PG 30711/07/2005
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Parking Information
Parking Total: 12 Enclosed, Gated, GravelGarage Information
Pets Allowed: Call
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Utility Information
Cable Available, Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-59 take Exit 4 toward Picayune. Turn Left at the red light. Go down Memorial Blvd to Hwy 11. Take a right on Hwy 11. Go to Canal Street and turn left at the red light. Go over the railroad tracks and at the red light take a left on Main Street. The property is on the right on Elizabeth Street WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 27 Spice Street, Picayune, MS, 39466 | $159,000 | 2 | 1 | 1,100 | 1,100 SqFt |
| 8360 Cuevas Town Road, Picayune, MS, 39466 | $399,000 | 3 | 3 | -- | |
| 20228 Lewis Lane, Picayune, MS, 39466 | $185,000 | 3 | 1 | -- | |
| 28061 Dusty Lane, Picayune, MS, 39466 | $285,000 | 3 | 2 | -- | |
| 11185 Bud Lee Rd, Picayune, MS, 39466 | $1,230,000 | 5 | 6 | -- | |
| 11080 Road 231, Picayune, MS, 39466 | $499,000 | 3 | 2 | 2,402 | 2,402 SqFt |
| 11083 & 11080 Road 231, Picayune, MS, 39466 | $990,000 | 6 | 5 | 4,470 | 4,470 SqFt |
| 11084 Road 231 & 11080 .., Picayune, MS, 39466 | $990,000 | 6 | 5 | -- | |
| 24433 Catahoula Lane, Picayune, MS, 39466 | $335,000 | 3 | 2 | -- | |
| 24433 Catahoula Lane, Picayune, MS, 39466 | $335,000 | 3 | 2 | 2,340 | 2,340 SqFt |
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
ByOwner last updated this listing 08/13/2026 @ 02:36
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