801 Goodwater Road, Magee, MS 39111 (MLS# 4153557)
801 Goodwater Road, Magee, MS 39111
New Listing
$334,900
Property Type:
Res Income Multi-Fam
Bedrooms:
7
Square Footage:
4,170
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$334,900
List Date:
6/22/2026
Last Modified:
6/22/2026
Overview
Description
...
(Read more)
Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential.The apartment units feature low-maintenance brick construction with a durable metal roof, while the included mobile home adds additional income and flexibility. Situated on a spacious lot with mature shade trees and ample parking, the property is conveniently located near local schools, shopping, and employment centers.With full occupancy potential, multiple income sources, and limited multifamily inventory in the Magee market, this property presents an outstanding opportunity for investors seeking stable returns, portfolio growth, and long-term appreciation. Whether you're a seasoned investor or looking to expand your rental holdings, this turnkey income-producing property is one you won't want to miss.Shown by appointment only. Tenant rights apply.
Listing Details MLS# 4153557
General Property Information
- # of Units Included in Sale
- 6
- Approx Lot Size Acres
- 0.26
- Approx H/C SqFt
- 4170
- SqFt Source
- Public Records
- List Price/SqFt
- 80.31
- Year Built Known
- Yes
- Year Built
- 1970
- Year Built Source
- Public Records
- Total Floors
- Yes
- Bedrooms Total
- 7
- Bathrooms Full
- 6
- Furnished
- No
- School District
- Simpson CO Dist
- Elementary School
- Magee
- Middle or Junior School
- Magee
- High School
- Magee
- Accessibility Features
- No
- New Construction
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
Property Features
Structure Type:
Multi Family
Levels:
One
Cooling:
Central Air
Heating:
Central
Utilities:
Electricity Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Cash; Conventional
Roof:
Metal
Exterior Features:
None
Parking Features:
Paved
Community Features:
Other
Waterfront Features:
None
Approx Age Code:
Older Home 25+ Years
Parking Spaces:
1 Space Unit
Address and Location Information
- Street Number
- 801
- Street Name
- Goodwater
- Street Suffix
- Road
- County
- Simpson
- State
- MS
- Zip Code
- 39111
- Parcel Number
- 4-057q-00-02200-003-08400
- PPIN
- 007808
- Subdivision
- Metes And Bounds
- Community Of
- N/A
Listing Information
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 5044
- Tax Year
- 2025
- 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
- PT S1/2 NW1/4 SW1/4 N OF GOODWATER RD UNPLATTED LAND SEC 36-1-5 DB 672-80 79 CB 971-619 95 (additional parcel with legal desc as PT S 1/2 NW 1/4 SW 1/4 N of Goodwater Rd SEC 36-1-5 DB 1013-68 97
Parking Features
- Parking Total
- 6
- Paved
- Yes
More Information
Showing Requirements
- Showing
- Appointment Required
Unit 1
- Full Baths
- Yes
Unit 2
- Full Baths
- Yes
Unit 3
- Full Baths
- Yes
Unit 4
- Full Baths
- Yes
Unit 5
- Full Baths
- Yes
Unit 6
- Full Baths
- Yes
Remarks & Miscellaneous
- Public Remarks
- Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential.The apartment units feature low-maintenance brick construction with a durable metal roof, while the included mobile home adds additional income and flexibility. Situated on a spacious lot with mature shade trees and ample parking, the property is conveniently located near local schools, shopping, and employment centers.With full occupancy potential, multiple income sources, and limited multifamily inventory in the Magee market, this property presents an outstanding opportunity for investors seeking stable returns, portfolio growth, and long-term appreciation. Whether you're a seasoned investor or looking to expand your rental holdings, this turnkey income-producing property is one you won't want to miss.Shown by appointment only. Tenant rights apply.
Structure Type
- Multi Family
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Waterfront Features
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Water Connected
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Roof
- Metal
- Yes
Exterior Features
- None
- Yes
Community Features
- Other
- Yes
Approx Age Code
- Older Home 25+ Years
- Yes
Parking Spaces
- 1 Space Unit
- Yes
Listing Office:
E Speed Realty
Listing Agent:
Kimberly D Walker

Last Updated: June - 22 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.