2 months on rocket

1520 22nd Avenue Heights, Meridian, MS, 39301

$450,000

Home List Price

$5,344*

Closing Credit

3 Bedrooms
2 Full Baths
2,500 SqFt
$180/SqFt
Multi

Location

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1520 22nd Avenue Heights, Meridian$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Site, Paved Drive
Year Built1940
HeatingCentral, Natural Gas
CoolingCeiling Fan(s), Central Air
FireplaceLiving Room, Wood Burning
MLS #4094316
Lot Size4.00 Acres
StatusActive

About 1520 22nd Avenue Heights

Welcome to this exceptional investment opportunity--a sprawling 4-acre property that seamlessly combines historical charm with modern rental income potential. The centerpiece of this unique estate is an Antebellum-style main house, built in 1940, featuring a large front porch perfect for relaxing and enjoying time with family and friends. This timeless main home offers 3 bedrooms and 2 bathrooms, living room, Formal Dining Space and Kitchen.The property is not just about the main house; a paved road leads you to an impressive collection of 14 additional homes, and the potential for a 15th, each currently rented, providing a steady stream of income. These homes vary from cozy 1-bedroom, 1-bath to 2-bedroom, 1-bath dwellings, catering to a diverse range of tenants and maximizing your investment potential.For those interested in sustainable living and self-sufficiency, the property offers ample space for a flourishing garden and a designated area for keeping chickens, right by the main house. This not only enhances the country living experience but also offers a genuine homesteading opportunity.This property is truly one-of-a-kind and must be seen in person to truly appreciate its unique charm and potential. Don't miss out on the chance to own a piece of history while securing your financial future with this remarkable investment.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Local Real Estate
  • Office Phone: (601) 301-6683
  • Listing Agent: Tabatha Johnson

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Gas Cooktop, Gas Oven
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: On Site, Paved Drive

Lot Features

Lot Information:

  • Lot Size: 4.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $180/SqFt
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Housing Market Comparison

See how this home compares to others in Meridian, MS.

Med. List Price

$72.4K

Med. Price/SqFt

$50

Avg. Days On Market

94

# of Sold Homes

2

1520 22nd Avenue Heights vs Meridian

62 DAYS ON ROCKET

-32 Days

$450,000

+$377.5K More

$180/SqFt

+$130 More

KEY TAKEAWAY

This property is $377.5K more than the Median List Price and $130/SqFt more than other homes in Meridian, MS.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: MLS United
  • MLS Number: #4094316

Listing Office:

  • Office Name: Local Real Estate
  • Office Phone: (601) 301-6683
  • Listing Agent: Tabatha Johnson

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

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Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,526. Typical income of Meridian, MS residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMississippiLauderdale CountyMeridian393011520 22nd Avenue Heights

This home is located at 1520 22nd Avenue Heights in Meridian, MS and zip code 39301. This 2,500 square foot home, which was built in 1940, sits on a 4.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $450,000.

The number of homes for sale in Meridian, MS increased by 6.7% between October 2024 and November 2024. In November 2024 median list price was $72,449 and the average listing age was 94 days.

From Rocket Homes Real Estate and based on county public records data.

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