74-104 Tom Bayne Street, West Point, MS 39773

New Listing
$399,999
Property Type: MultiFamily Square Footage: 4,704 Status: Active
Current Price: $399,999 List Date: 2/24/2026 Last Modified: 2/24/2026

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.

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.

More Information MLS# 26-396

Contract Information

Current Price: $399,999 Begin Date: 2026-02-24 Status: Active List Price: $399,999 Seller considers allowances/concessions to Buyer: Yes

General Property Description

Sub-Type: Multi Family Total SqFt.: 4704 Lot Dimensions: 173x440 Total # Units: 6 Manager Company: Swoope Real Estate Furnished: Unfurnished

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
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.

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.