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
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