212 Gunter Street Street, Jackson, MS 39216
Local realty services provided by:Better Homes and Gardens Real Estate Traditions



212 Gunter Street Street,Jackson, MS 39216
$999,000
- 12 Beds
- 12 Baths
- 6,624 sq. ft.
- Multi-family
- Pending
Listed by:andrew tyre
Office:right size realty, llc.
MLS#:4075916
Source:MS_UNITED
Price summary
- Price:$999,000
- Price per sq. ft.:$150.82
About this home
PLEASE DO NOT DISTURB TENANTS! Excellent opportunity to purchase a completely renovated 12 unit multi-family asset in the growing Fondren neighborhood of Jackson, MS. Boasting three buildings total, with 4 units per building, this asset presents an enticing prospect for savvy investors seeking both lucrative returns and a great long term growth location. The property includes off street parking for 15+ cars. All units are 1 bed 1 bath. Located roughly 2 blocks from the historic Capri Theatre, Highball Lanes, Walker's Drive-In, Rooster's, the nightlife, and all the fun stuff in Fondren. The property is located centrally just minutes from Belhaven University, JSU, Millsaps University, University Medical Center, St Dominic's Hospital, MS Children's Museum, MS Natural History Museum, MS Agriculture Museum, Baptist Hospital, and many of the states largest employers.
The property is currently at 100% occupancy. This property has maintained high occupancy since ownership. Rents range from $800-$950/month per unit. Owner pays utilities for some units. Tenants with leases that have utilities included are charged a utility reimbursement fee of $150/month in addition to the monthly rent. There are no gas utility expenses with the property. Owner pays for water/sewer on all units. A dumpster is provided for waste disposal for residents. All units are independently metered.
Originally built in 1982, the buildings were completely renovated in 2022-2023. All plumbing, electrical, and HVAC was replaced. All three building's roofs were replaced in 2022 with GAF architectural shingles. All units have been updated with butcher block counter tops, stainless steel appliances, new exterior/interior doors, new windows, new molding, deep stainless steel kitchen sinks, commercial grade vinyl flooring, new electric hot water heaters, new insulation, , new paint, new fixtures, new ceiling fans, new mini split AC/heating units, etc. 220 electric outlets and washer/dryer hookups were also added in each unit. Units have all electric appliances. average roughly 600 square feet per unit. The listing photos of the interior are representative of all units.
Fencing was added around the entire property. 8 of the 12 units are completely fenced with 2 access gates for entry. 4 units are partially fenced. Extensive outdoor lighting around the property was also added. An in ground steel charcoal grill and picnic area was also installed in the courtyard as a common area/lounge space for all tenants to use. At full occupancy the property generates a gross income of $129,600 annually. This turnkey property represents more than just a real estate investment; it embodies a strategic opportunity to capitalize on the burgeoning Fondren neighborhood's growth trajectory. Whether you're seeking a lucrative cash flow investment or a promising buy-and-hold opportunity, this property warrants serious consideration. PLEASE DO NOT DISTURB TENANTS! Call the listing agent for more info or to schedule a showing.
Contact an agent
Home facts
- Year built:1981
- Listing Id #:4075916
- Added:493 day(s) ago
- Updated:August 07, 2025 at 07:16 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Full bathrooms:12
- Living area:6,624 sq. ft.
Structure and exterior
- Year built:1981
- Building area:6,624 sq. ft.
- Lot area:1 Acres
Schools
- High school:Murrah
- Middle school:Brinkley
- Elementary school:Bailey Station
Utilities
- Water:Public, Separate Meters
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$150.82
New listings near 212 Gunter Street Street
- New$299,000Active3 beds 2 baths1,984 sq. ft.
1021 Euclid Avenue, Jackson, MS 39202
MLS# 4122489Listed by: NIX-TANN & ASSOCIATES, INC. - New$40,000Active3 beds 2 baths1,500 sq. ft.
1012 Terrace Avenue, Jackson, MS 39209
MLS# 4122491Listed by: RENAISSANCE REAL ESTATE - New$69,900Active4 beds 1 baths1,324 sq. ft.
403 Queen Julianna Lane, Jackson, MS 39209
MLS# 4122449Listed by: NIX-TANN & ASSOCIATES, INC. - New$95,000Active3 beds 2 baths1,716 sq. ft.
220 Southbrook Drive, Jackson, MS 39211
MLS# 4122404Listed by: EKEY REALTY, LLC - New$57,750Active10 Acres
000 Old Byram Road, Jackson, MS 39212
MLS# 4122391Listed by: CONRAD MARTIN REAL ESTATE, INC - New$308,765Active3 beds 2 baths1,669 sq. ft.
1108 Rockett Drive, Jackson, MS 39212
MLS# 4122395Listed by: KEY STRIDE REALTY - New$60,000Active3 beds 1 baths1,268 sq. ft.
350 Dona Avenue, Jackson, MS 39212
MLS# 4122361Listed by: GENUINE LIVING REALTY, LLC - New$44,900Active3 beds 1 baths1,118 sq. ft.
611 Chelsea Drive, Jackson, MS 39212
MLS# 4122354Listed by: EKEY REALTY, LLC - New$129,000Active1 Acres
4638 Maurey Road, Jackson, MS 39211
MLS# 4122328Listed by: CHARLOTTE SMITH REAL ESTATE - New$38,500Active3 beds 3 baths1,980 sq. ft.
3652 Westchester Drive, Jackson, MS 39213
MLS# 4122310Listed by: PURVIS REALTY GROUP, LLC