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1116 Main St, Natchez, MS, 39120

7beds
4baths
4,541sqft
$798,000
$176price/sqft
$5,753/moest. monthly cost
$230,120/yrincome needed

About This Home

Versatile Investment Opportunity in Historic Natchez, MS! This beautifully renovated property in the heart of the Historic District of Natchez offers incredible flexibility—whether you're looking for a single-family home, a four-unit apartment building, or a high-income multi-unit Airbnb investment. This property is walkable to all the downtown action! Currently configured as four fully furnished units, each one has been meticulously designed and decorated for comfort and style. All units feature high-end stainless-steel appliances, modern finishes, and a design that perfectly blends historic charm with contemporary luxury. Each unit has its own parking space, along with ample street parking for guest. Whether you're an investor seeking cash flow, or a homeowner wanting space with rental income, —this property is move-in or rent-ready. Comfort with eye appeal! Price is firm.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
--
5/10
Natchez High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Residential,Multi Family,Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,541
  • Total interior livable area: 4,541 sqft

Property

Details

  • Parcel number: 005200010001

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Rain Gutters

Lot

  • Lot size: 0.28 Acres
  • Features: City Lot

Parking

  • Total spaces: 4
  • Parking features: Concrete,On Street,Parking Pad,See Remarks
  • 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

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

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hail
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 $4,035$48,420
Home Insurance *$957$11,484
Property Taxes $339$4,068
Electricity $422$5,066
Total$5,753$69,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$197,245/yr
40% on housing$172,590/yr
45% on housing$153,413/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

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 39120$113
Adams County$113

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)

No zestimate history available

Price History

DateEventPrice
2025-10-03Listed for sale$798,000
2025-09-16Listing removed$791,000
2024-10-11Price change$791,000
2024-08-13Listed for sale$741,000
2024-07-26Listing removed$741,000
2024-04-16Listed for sale$741,000
2024-04-10Listing removed$698,000
2023-12-21Price change$698,000
2023-10-17Listed for sale$798,000
2023-10-17Listing removed$798,000
2023-08-25Price change$798,000
2023-08-08Price change$879,000
2023-06-14Price change$885,000
2023-04-17Listed for sale$890,000
2021-10-05Sold--
2021-07-27Price change$225,000
2021-05-19Listed for sale$250,000
2020-07-15Sold--
2019-03-21Listed for sale$169,000

For Sale by Agent

AgentSharon Sharp
BrokerageBluff City Real Estate

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