1600 N 27th Street, Columbus, MS 39701 (MLS# 26-2426)

1600 N 27th Street, Columbus, MS 39701

New Listing
$475,000
Property Type: MultiFamily Square Footage: 5,168 Status: Active
Current Price: $475,000 List Date: 10/23/2026 Last Modified: 10/23/2026

Overview

Description

14-unit multifamily in north Columbus, just off 14th Ave N. Built in the 1980s, priced at $475,000, with a ton of upside for the right investor. The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect. Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab. Why it works for the right buyer: 14 units under one roof, 12 ready to be renovated and lease. It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.

Listing Details MLS# 26-2426

Contract Information

Begin Date
2026-10-23
Seller considers allowances/concessions to Buyer
Yes
Foreclosure
No

General Property Description

Sub-Type
Multi Family
Total SqFt.
5168
Lot Dimensions
0.8 ACRES
Parking Spaces
16
Total # Units
14
Furnished Comments
Unfurnished

Location Tax and Other Information

Area
03 - North Columbus
House Number
1600
Street Dir Prefix
N
Street Name
27th
Street Suffix
Street
State/Province
MS
Postal Code
39701
County
Lowndes
Taxes
6133.18
Tax Year
2025
Subdivision
None
Parcel Number
56W200100100

More Information

Property Features

Roof: Flat Garage Type: None Heat: Electric Air: Electric; Window Unit(s)
Listing Office: TRUE REAL ESTATE LLC
Last Updated: October - 23 - 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.
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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.