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$1,500,000
Est. payment /mo
2 Beds
1 Bath
22,561 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,561 sqft
Price per Sqft $66
Subdivision Metes And Bounds
MLS Listing ID 4135007
Bedrooms 2
Full Baths 1
Year Built 1981
Annual Tax Amount $22,837
Lot Size 3.000 Acres
Acres 3.0
Source MLS United
Property Description
Well-maintained 28-unit Project-Based Section 8 multifamily community located at 411 Court Street, Vaiden, MS. The property is 95% occupied and benefits from a long-term HUD HAP contract in place through 2036, providing stable, government-backed income. Built in 1981, the asset spans approximately 21,926 SF on ±3.44 acres and is zoned R-4 Multifamily. Positioned in the county seat of Carroll County with convenient access to Highway 51 and Highway 35, and supported by nearby retail, medical, and educational amenities. Turnkey affordable housing investment with long-term cash flow and future redevelopment or 4%/9% LIHTC potential.
Location
State MS
County Carroll
Interior
Heating Central
Cooling Central Air
Furnishings No
Exterior
Exterior Feature See Remarks
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description See Remarks
Roof Type Architectural Shingles
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type See Remarks
New Construction No
Others
Tax ID 123a-23-A-0032000
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Gene Adams Realty
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