10 days on rocket

509 Lorenz Blvd, Jackson, MS, 39216

$160,000

Home List Price

$1,900*

Closing Credit

6 Bedrooms
4 Full Baths
1,485 SqFt
$108/SqFt
House

Location

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509 Lorenz Blvd, Jackson$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1955
HeatingCentral
CoolingCeiling Fan(s), Central Air
MLS #4096496
Lot Size0.20 Acres
StatusActive

About 509 Lorenz Blvd

This as-is quadplex offers incredible potential for portfolio growth, situated in the desirable Fondren area of Jackson, MS. Currently 25% occupied with the existing tenant paying $825 monthly, the property features two spacious 2-bed, 1-bath units on the top floor and two 1-bed, 1-bath units on the bottom floor. Ready for an investor who sees the value in transforming this space and increasing occupancy - Selling as-is, this property is ideal for an investor looking to add value and expand their portfolio. Don't miss out on the potential of this prime location!''

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 1,485 SqFt

Listing Office:

  • Office Name: Arx Point Realty, LLC
  • Office Phone: (769) 257-5260
  • Listing Agent: Timothy Orey

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Refrigerator
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $108/SqFt
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Housing Market Comparison

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

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Jackson, MS

City

Med. List Price

$111.9K

Med. Price/SqFt

$72

Avg. Days On Market

111

# of Sold Homes

88

509 Lorenz Blvd vs Jackson

10 DAYS ON ROCKET

-101 Days

$160,000

+$48K More

$108/SqFt

+$36 More

KEY TAKEAWAY

This property is $48K more than the Median List Price and $36/SqFt more than other homes in Jackson, MS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS United
  • MLS Number: #4096496

Listing Office:

  • Office Name: Arx Point Realty, LLC
  • Office Phone: (769) 257-5260
  • Listing Agent: Timothy Orey

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: 11/21/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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NMLS#3030

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.

Nearby Schools

school-card-donut-389609
7
/10

  • Northside Elementary School

  • 3600 Harle St

  • 5.05 miles

  • Public District Grades 2-3

school-card-donut-389610
7
/10

  • Highland Elementary School

  • 330 Brame Rd

  • 5.89 miles

  • Public District Grades 3-5

school-card-donut-389611
4
/10

  • Gary Road Intermediate School

  • 7255 Gary Rd

  • 12.31 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,551. Residents of Jackson, MS typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Jackson, MS

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Jackson, MS.

Jackson offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from historic antebellum to contemporary, reflecting the city's rich history and modern growth. The housing market is dynamic, with a mix of older homes and new developments that cater to various preferences and budgets.

What is it like to live in Jackson, MS?

Jackson is celebrated for its vibrant history and cultural significance. The community prides itself on a strong sense of identity, with numerous events and festivals throughout the year that highlight its artistic and musical heritage. The city's character is further defined by its green spaces and public parks, which serve as gathering spots for residents.

Is it easy to get around Jackson, MS without a car?

The city is served by a robust educational system, including a variety of public and private schools, as well as higher education institutions. Healthcare services are comprehensive, with several hospitals and clinics offering a range of medical care. Retail and dining options abound, offering a taste of local Southern cuisine and culture. Public libraries and community initiatives reflect the city's commitment to serving the needs of its diverse population.

Transportation in Jackson, MS.

Jackson's transportation infrastructure includes a network of major roads and highways, facilitating travel and commuting within the city and to surrounding areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also making strides to improve walkability and bikeability in an effort to promote a more sustainable and accessible urban environment.

Frequently Asked Questions About 509 Lorenz Blvd

What is the listing price of this property?

The listing price of 509 Lorenz Blvd property is $160,000.

What type of property is this?

The property 509 Lorenz Blvd is a house located in Jackson, Mississippi, 39216.

Is this property for sale now?

Active Listing: 509 Lorenz Blvd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 509 Lorenz Blvd has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 509 Lorenz Blvd is 1,485 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Lorenz Blvd is 1955.

Rocket Homes›Mississippi›Hinds County›Jackson›39216›509 Lorenz Blvd

This home is located at 509 Lorenz Blvd in Jackson, MS and zip code 39216. This 1,485 square foot home, which was built in 1955, sits on a 0.20 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $160,000.

The inventory of homes for sale in Jackson, MS between September 2024 and October 2024 increased by 8.9%. While the average time on the market in October 2024 was 111 days, the median list price was $111,960.

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

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