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Lee Garland

lee@garlandgroup.com +1(601) 941-2424

$ 3,250,000

Est. payment -/mo

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827 N State Street Jackson, MS 39202

1 Bed

1 Bath

23,220 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,220 sqft

Price per Sqft $139

Subdivision City View

MLS Listing ID 4152159

Style Contemporary

Bedrooms 1

Full Baths 1

Year Built 1941

Annual Tax Amount $38,312

Lot Size 0.530 Acres

Acres 0.53

Source MLS United

Property Description

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 for 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.

Location

State MS

County Hinds

Interior

Interior Features Elevator, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air

Flooring Ceramic Tile, Tile, Wood

Furnishings No

Appliance Cooktop, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator, Water Heater

Exterior

Exterior Feature Private Entrance

Parking Features Assigned

Utilities Available Natural Gas Available, Sewer Available, Natural Gas in Kitchen

Waterfront Description None

Roof Type Other

Garage No

Private Pool No

Building

Lot Description Fenced

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

Structure Type Private Entrance

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

Tax ID 0040-0004-025

Virtual Tour https://www.propertypanorama.com/827-N-State-Street-Jackson-MS-39202/unbranded

Listed by Madison Properties, Inc.

NEARBY SCHOOLS & PROPERTIES

Lee Garland

Broker | License ID: 13983

+1(601) 941-2424

Lee Garland

827 N State Street Jackson, MS 39202

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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827 N State Street