Skip to main content

1023 Madison Street, Jackson, MS 39202 (MLS# 4109499)

1023 Madison Street, Jackson, MS 39202

$158,000
Property Type: Residential Bedrooms: 4 Square Footage: 1,721 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $158,000 List Date: 7/19/2025 Last Modified: 12/31/2025

Description

DUPLEX WITH GREAT INCOME-PRODUCING POTENTIAL! Homeowner, investor, or both - this property is truly a ''one size fits all''. BONUSES: Studio Apartment on top level! Extra parking at back of the property with access through the gate on the left side behind the home. The location speaks for itself as this home sits in the heart of Belhaven less than a minute from the highway and minutes from shopping, dining, hospitals, and several of the great colleges/universities located in the City of Jackson. As a homeowner, this home can serve as the perfect primary residence with either a one-of-a-kind getaway or an income producing studio on the top level. As an investor, you can offer a full-size rental home while also reaping the cashflow benefits of a completely separate studio apartment. If you are in search of the ideal income producing property to add to your portfolio, this is it! The main home offers high ceilings with beautiful original hardwood floors, three bedrooms, and a formal dining room as well. The elegant potential of each room will draw you in as you see the character this beautiful home has to offer. The studio apartment on the second level can be accessed from the stairs outside. It offers a large open space with it's own kitchen and full bathroom. The hardwood floors and window views are a bonus. Did I mention the tankless water heater? This property has so much to offer! Schedule your appointment today to see this one for yourself!

More Information MLS# 4109499

Address and Location Information

Parcel Number: 0021-0003-000 Community Of: N/A Street Number: 1023 Street Name: Madison Street Suffix: Street County: Hinds State: MS Zip Code: 39202 Subdivision: Belhaven/Belhaven Heights

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-04-09 List Price: $158,000 Current Price: $158,000

General Property Information

New Construction: No Property Condition: Updated/Remodeled Approx Lot Size Acres: 0.15 SqFt Source: Public Records List Price/SqFt: 91.81 Year Built Source: Public Records Garage Spaces: 0 Carport Spaces: 0 Total Floors: 1 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Fireplace: Yes Fireplaces Total: 1 Pool: No School District: Jackson Public Elementary School: Casey Elementary School 2: N/A Intermediate School: N/A Middle or Junior School: Bailey APAC High School: Murrah Home Warranty: No Accessibility Features: No Property Sub Type: Single Family Residence Approx H/C SqFt: 1721 Year Built: 1938 Bedrooms Total: 4 Bathrooms Full: 2

Tax and Financial Information

Tax Annual Amount: 2434 Tax Year: 2024 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: 51.7 FT S/S LOTS 1 & 2 MONTICELLO SUB

Remarks & Miscellaneous

Public Remarks: DUPLEX WITH GREAT INCOME-PRODUCING POTENTIAL! Homeowner, investor, or both - this property is truly a ''one size fits all''. BONUSES: Studio Apartment on top level! Extra parking at back of the property with access through the gate on the left side behind the home. The location speaks for itself as this home sits in the heart of Belhaven less than a minute from the highway and minutes from shopping, dining, hospitals, and several of the great colleges/universities located in the City of Jackson. As a homeowner, this home can serve as the perfect primary residence with either a one-of-a-kind getaway or an income producing studio on the top level. As an investor, you can offer a full-size rental home while also reaping the cashflow benefits of a completely separate studio apartment. If you are in search of the ideal income producing property to add to your portfolio, this is it! The main home offers high ceilings with beautiful original hardwood floors, three bedrooms, and a formal dining room as well. The elegant potential of each room will draw you in as you see the character this beautiful home has to offer. The studio apartment on the second level can be accessed from the stairs outside. It offers a large open space with it's own kitchen and full bathroom. The hardwood floors and window views are a bonus. Did I mention the tankless water heater? This property has so much to offer! Schedule your appointment today to see this one for yourself!

Structure Type

House: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Bank Loan: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Water Connected: 1

Special Purpose Rooms

Breakfast Area: 1 Formal Dining Room: 1

Fireplace Features

Wood Burning: 1

Appliances

Electric Range: 1 Free-Standing Refrigerator: 1 Tankless Water Heater: 1

Flooring

Hardwood: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Cooling

Central Air: 1

Heating

Central: 1

Foundation Details

Conventional: 1

Exterior Construction/Siding

Siding: 1

Roof

Architectural Shingles: 1

Exterior Features

None: 1

Fencing

Full Yard: 1

Parking Features

On Street: 1

Water Heater

Tankless: 1

Disclosures

None: 1

Property Features

Structure Type: House Levels: Two Special Purpose Rooms: Breakfast Area; Formal Dining Room Fireplace Features: Wood Burning Appliances: Electric Range; Free-Standing Refrigerator; Tankless Water Heater Flooring: Hardwood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Utilities: Electricity Connected; Natural Gas Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Conventional Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Exterior Features: None Fencing: Full Yard Parking Features: On Street Water Heater: Tankless Disclosures: None
Listing Office: Bradmoore Realty
Listing Agent: LeKeita Braddy
Last Updated: December - 31 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.