SHERI LIPSEY REAL ESTATE

817 College St, Columbus, MS 39701

New Listing
$379,000
Property Type: MultiFamily Square Footage: 3,678 Status: Active
Current Price: $379,000 List Date: 3/03/2026 Last Modified: 3/05/2026

Description

Excellent investment opportunity at 817 College Street in Columbus, MS! This 6-unit multifamily property is offered at $379,000 and is currently generating $3,655 per month in gross rental income. The property consists of six income-producing units with strong occupancy history and consistent cash flow. With current annual gross rents of $43,860, this asset offers immediate income from day one with additional upside potential through rental increases and continued management improvements.

Supplements: Excellent investment opportunity at 817 College Street in Located in an established area of Columbus, the property provides convenient access to downtown amenities, Mississippi University for Women, local employment centers, shopping, and dining. The strong rental demand in this corridor makes this an attractive option for both seasoned investors and those looking to expand their portfolio. Whether you are seeking a stable cash-flowing asset or a value-add opportunity in a growing rental market, 817 College Street delivers solid fundamentals at an attractive price point.

More Information MLS# 26-435

Contract Information

Seller considers allowances/concessions to Buyer: Yes Current Price: $379,000 Begin Date: 2026-03-03 Status: Active List Price: $379,000

General Property Description

Sub-Type: Multi Family Lot Dimensions: 83x165 Parking Spaces: 10+ Total # Units: 6 Manager Company: Swoope Real Estate Furnished: Unfurnished Total SqFt.: 3678

Location, Tax and Other Information

Realtor.COM Type: Multi-Family Flood Zone: No

Garage Type

None: 1

Heat

Natural Gas: 1 Other: 1 Wall Furnace: 1

Air

Window Unit(s): 1

Location Tax and Other Information

Area: 03 - North Columbus House Number: 817 Street Name: College St State/Province: MS Postal Code: 39701 County: Lowndes Taxes: 2185.73 Tax Year: 2025 Parcel Number: 61W470000600

Property Features

Garage Type: None Heat: Natural Gas; Other; Wall Furnace Air: Window Unit(s)
Listing Office: SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
Last Updated: March - 05 - 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.