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701 Franklin St, Natchez, MS, 39120

1beds
2baths
3,069sqft
$329,500
$107price/sqft
$2,486/moest. monthly cost
$99,440/yrincome needed

About This Home

Residential/Mixed-Use Property in Prime Downtown Location Location, Renovation, Versatility - All in One! This professionally renovated single-story corner building in the heart of downtown offers an unmatched blend of residential comfort and commercial functionality. **Key Features:** Front Commercial Space: - Expansive, open layout ideal for retail, office, or studio use. - Large front windows and skylight flood the area with natural light. - Includes a private half bathroom for convenience. Private Residential Living Space: - 1-bedroom, 1-bathroom with a separate entrance for total privacy. - Thoughtfully designed with large closets, a walk-in shower, and a double-sink vanity. - A modern kitchen with upgraded stainless steel appliances - Full-size stack washer and dryer - Opportunity to expand: ample space to add another bedroom, full bathroom, or more living areas. Flexible Use Options: - Need additional offices or a conference room for your business? The front space can be adapted to meet your requirements. - Looking for a retail location? This high-visibility property is perfectly suited for a storefront. Exceptional Location: - Walking distance to your favorite shops, restaurants, and coffee spots. - Just blocks from the beautiful Natchez Bluff. Measurements are approximate. Buyers are encouraged to verify details with the Adams County Tax Assessor's office or their chosen surveyor. This property is your chance to combine business and living in a vibrant downtown setting. Don't miss out on this unique opportunity!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
--
5/10
Natchez High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Permanent,Slab
  • Roof: Flat,Synthetic
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Stainless Steel Appliance(s),Tankless Water Heater,Washer/Dryer Stacked

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Bookcases,Crown Molding,Double Vanity,Granite Counters,High Ceilings,Open Floorplan,Track Lighting,Breakfast Bar
  • Door features: French Doors,Insulated
  • Window features: Blinds,Skylight(s),Window Coverings
  • Flooring: Ceramic Tile,Concrete,Linoleum,Wood

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Multi Units

Interior Area

  • Total structure area: 3,069
  • Total interior livable area: 3,069 sqft

Property

Details

  • Parcel number: 000400010004

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Private Entrance

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Adams County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,666$19,992
Home Insurance *$395$4,740
Property Taxes $140$1,680
Electricity $285$3,424
Total$2,486$29,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,234/yr
40% on housing$74,580/yr
45% on housing$66,293/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How 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.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 39120$114
Adams County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 39120$120
Adams County$115

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

DateEventPrice
2025-06-20Price change$329,500
2024-12-31Listed for sale$379,500

For Sale by Agent

AgentJason Dauphin
BrokerageeXp Realty

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