$399,999
West Point, MS 39773
MLS# 26-396
4704 sqft
1 / 14
Property Description
74-104 Tom Bayne St - West Point, MS 6 Standalone Rental Homes | Strong Cash Flow | Value-Add Opportunity Rare opportunity to own a 6-unit multifamily property consisting of six individual single-family homes on one parcel. This unique setup offers strong tenant appeal with the privacy of standalone houses while providing the efficiency of multifamily ownership. The property is currently producing $3,565 per month ($42,780 annually) in gross rental income, with significant upside potential. Four units offer value-add opportunity through updates and market rent adjustments, with projected gross income potential of approximately $4,770 per month ($57,240 annually) once stabilized.
Details
Contract Information
Seller considers allowances/concessions to Buyer: Yes
Current Price: $399,999
Begin Date: 2026-02-24
Status: Active
List Price: $399,999
General Property Description
Sub-Type: Multi Family
Lot Dimensions: 173x440
Total # Units: 6
Manager Company: Swoope Real Estate
Furnished: Unfurnished
Total SqFt.: 4704
Location, Tax and Other Information
Realtor.COM Type: Multi-Family
Flood Zone: No
Garage Type
None: 1
Heat
Central: 1
Natural Gas: 1
Air
Central Air: 1
Gas: 1
Location Tax and Other Information
Area: 09 - Clay County Area
House Number: 74-104
Street Name: Tom Bayne Street
State/Province: MS
Postal Code: 39773
County: Clay
Taxes: 1119.45
Tax Year: 2025
Parcel Number: 083C314D 0240000
Property Features
Garage Type: None
Heat: Central; Natural Gas
Air: Central Air; Gas
Supplements
At the current asking price of $399,999, this asset offers an attractive gross return profile with built-in upside. Investors have the opportunity to increase revenue through strategic improvements while benefiting from diversified income across six separate homes.
Property Highlights:
" Six standalone residential rental units
" Strong in-place income
" Significant upside through renovations
" Diversified tenant risk across multiple homes
" Ideal for long-term buy-and-hold strategy
" Located near schools, downtown amenities, and major access routes
This property is well-positioned to meet continued rental demand in the area and offers flexibility for both seasoned investors and those looking to expand their portfolio.
Opportunities featuring multiple standalone homes on a single parcel are uncommon in this market. Explore the income potential this property offers.
Listing Office: SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
Last Updated: February - 24 - 2026
This data is provided by the Golden Triangle Association of Realtors Multiple Listing Service and may not be the listing of the provider. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.