305 N Rankin Street, Natchez, MS 39120 (MLS# 4147366)

305 N Rankin Street, Natchez, MS 39120

New Listing

$390,000

Virtual Tour

https://www.propertypanorama.com/305-N-Rankin-Street-Natchez-MS-39120--4147366/unbranded

Property Type: Res Income Multi-Fam Bedrooms: 5 Square Footage: 3,812 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $390,000 List Date: 4/27/2026 Last Modified: 4/29/2026

Overview

Description

On the National Register Of Historic Places, The Orchard, built in 1850, is a beautifully renovated three-apartment building and is a must see for any investor looking to invest in Natchez. Apartment A and C are each two bedroom two bath, 1300 square foot apartments. Apartment B is a one bedroom one and a half bath, 1200 square foot apartment. Each apartment generates $1,250/month in rental income. Apartments B and C each have a porch. Located less than eight blocks from the Mississippi river and only two blocks to downtown shoping and restaurants make this a very desirable location for tenants. Property also has off street parking for up to eight cars.

Listing Details MLS# 4147366

General Property Information

# of Units Included in Sale: 3
Approx Lot Size Acres: 0.32
Lot Size Dimensions: 100 x 139
Approx H/C SqFt: 3812
SqFt Source: Estimated
List Price/SqFt: 102.31
Year Built Known: Yes
Year Built: 1850
Year Built Source: Estimated
Carport Spaces: 5
Total Floors: 3
Bedrooms Total: 5
Bathrooms Full: 5
Bathrooms Half: Yes
Furnished: Yes
Pool: No
School District: Natchez-Adams
Accessibility Features: No
New Construction: No
Property Condition: Updated/Remodeled
Garage Spaces: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: House Lot Features: Flag Lot Levels: Three Or More Owner Pays: Insurance; Taxes; Trash Collection; Water Tenant Pays: Cooling; Electricity; Gas; Heating Furnished: Furnished Fireplace Features: Living Room Appliances: Electric Range; Free-Standing Refrigerator; Gas Range Cooling: Ceiling Fan(s); Central Air Heating: Central Utilities: Cable Available; Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Brick/Mortar Listing Terms: 1031 Exchange; Cash; Conventional; FHA; USDA Loan; Other Roof: Asphalt Shingle Exterior Features: Garden Patio And Porch Features: Patio; Porch; Rear Porch Fencing: Perimeter; Wood Driveway Features: Paved Drive Parking Features: Carport Community Features: Airport/Runway; Curbs; Fishing; Health Club; Hiking/Walking Trails; Pool; Restaurant; RV/Boat Storage; Sidewalks; Street Lights; Tennis Court(s) Waterfront Features: None Disclosures: Lead Paint; Seller/Agent Relationship

Address and Location Information

Street Number: 305
Street Direction: N
Street Name: Rankin
Street Suffix: Street
County: Adams
State: MS
Zip Code: 39120
Parcel Number: 0008-0010-0007
PPIN: 008640
Subdivision: Downtown Ntz
Community Of: N/A

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 6854
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: No
Legal Description: RES & L#305 E/S N RANKIN ST 41-111D-131 INC 8-10-8

Listing Terms

Assumption: Non-Qualify
1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
Other: Yes

More Information

Parking Features

Parking Total: 8
Carport: Yes

Showing Requirements

Showing: Appointment Required
Appointment Phone: 601-870-8330

Remarks & Miscellaneous

Public Remarks: On the National Register Of Historic Places, The Orchard, built in 1850, is a beautifully renovated three-apartment building and is a must see for any investor looking to invest in Natchez. Apartment A and C are each two bedroom two bath, 1300 square foot apartments. Apartment B is a one bedroom one and a half bath, 1200 square foot apartment. Each apartment generates $1,250/month in rental income. Apartments B and C each have a porch. Located less than eight blocks from the Mississippi river and only two blocks to downtown shoping and restaurants make this a very desirable location for tenants. Property also has off street parking for up to eight cars.

Structure Type

House: Yes

Lot Features

Flag Lot: Yes

Levels

Three Or More: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Waterfront Features

None: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Owner Pays

Insurance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Cooling: Yes
Electricity: Yes
Gas: Yes
Heating: Yes

Fireplace Features

Living Room: Yes

Furnished

Furnished: Yes

Appliances

Electric Range: Yes
Free-Standing Refrigerator: Yes
Gas Range: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes

Foundation Details

Brick/Mortar: Yes

Exterior Construction/Siding

Brick: Yes

Roof

Asphalt Shingle: Yes

Exterior Features

Garden: Yes

Patio And Porch Features

Patio: Yes
Porch: Yes
Rear Porch: Yes

Fencing

Perimeter: Yes
Wood: Yes

Driveway Features

Paved Drive: Yes

Community Features

Airport/Runway: Yes
Curbs: Yes
Fishing: Yes
Health Club: Yes
Hiking/Walking Trails: Yes
Pool: Yes
Restaurant: Yes
RV/Boat Storage: Yes
Sidewalks: Yes
Street Lights: Yes
Tennis Court(s): Yes

Disclosures

Lead Paint: Yes
Seller/Agent Relationship: Yes

Listing Office: Stedman Ulmer Properties

Listing Agent: Jim E Smith

Last Updated: April - 29 - 2026