1024 3rd Ave N, Columbus, MS, 39701
About This Home
Fully occupied 6-unit multi-family investment opportunity generating $3,435/month in rental income. This property consists of a fourplex at 1024 3rd Ave North and a duplex at 217 11th St North, all situated on one parcel. With full occupancy, this asset provides immediate, stable cash flow for investors. Recent improvements include a new HVAC system, helping reduce future maintenance concerns and increase long-term value. Conveniently located in Columbus with close proximity to downtown, shopping, and local amenities, this property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a performing, income-producing property.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Roof: Architectural
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air,Gas
Interior Area
- Total structure area: 5,503
- Total interior livable area: 5,503 sqft
Property
Details
- Parcel number: 61W100113100
Lot
- Lot size: 0.38 Acres
- Lot size dimensions: 95 x 173
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Lowndes County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $1,089 | $13,068 |
| Property Taxes | $179 | $2,148 |
| Electricity | $511 | $6,140 |
| Total | $3,801 | $45,612 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $408,500 |
| 2021-10-09 | Listing removed | -- |
| 2021-09-29 | Pending sale | $295,000 |
| 2021-08-30 | Listing removed | -- |
| 2021-08-30 | Pending sale | $295,000 |
| 2021-08-26 | Listed for sale | $295,000 |
For Sale by Agent
View on Zillow