102 S Browder St., Columbus, MS 39702

New Listing
$519,000
Property Type: MultiFamily Square Footage: 5,166 Status: Active
Current Price: $519,000 List Date: 3/12/2026 Last Modified: 3/12/2026

Description

102 S Browder St - Columbus, MS - $519,000 Excellent opportunity to own an 8-unit multifamily property in Columbus, MS. This asset features eight fully occupied 1 bedroom / 1 bathroom units with strong in-place cash flow and additional upside potential. Current gross rents are $5,290 per month, with a pro forma potential of $5,560 per month. One unit remains available for renovation to fully maximize income, while all other units have been remodeled. Almost all of the HVAC systems have been replaced, significantly reducing near-term capital expenditure risk. The exterior has recently been painted, enhancing curb appeal and lowering maintenance concerns.

Supplements: This is a stabilized property with value-add upside through rental increases and final unit renovation. Ideal for investors seeking steady income with limited deferred maintenance. Financial Highlights: " 8 Units - 1BR/1BA " Fully Occupied " Current Gross Rent: $5,290/month " Pro Forma Gross Rent: $5,560/month " Strong occupancy history " Major mechanical updates completed Turnkey with upside -- a solid addition to any rental portfolio.

More Information MLS# 26-521

Contract Information

Current Price: $519,000 Begin Date: 2026-03-03 Status: Active List Price: $519,000 Seller considers allowances/concessions to Buyer: Yes

General Property Description

Sub-Type: Multi Family Total SqFt.: 5166 Lot Dimensions: 60x243 Parking Spaces: 12+ Total # Units: 8 Manager Company: Swoope Real Estate Furnished: Unfurnished

Location Tax and Other Information

Area: 03 - North Columbus House Number: 102 Street Dir Prefix: S Street Name: Browder St. State/Province: MS Postal Code: 39702 County: Lowndes Taxes: 2964.47 Tax Year: 2025 Parcel Number: 62W100300200

Property Features

Construction Materials: Brick; Other Roof: Metal Garage Type: None Heat: Central; Electric Air: Central Air; Electric
Listing Office: SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
Last Updated: March - 12 - 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.

Allie Rhett

Realtor

Allie is a 5th generation Columbus native and a 3rd generation realtor. She graduated from Mississippi State University with a bachelor’s degree in business administration. She was a member of the Kappa Delta Sorority and graduated with honor as Summa Cum Laude. She is also a member of First Baptist Church.