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MLS: 4152159

827 N State Street, Jackson, MS 39202

$3,250,000

Sims Realty
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202
827 N State Street, Jackson, MS 39202

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Residential Income Description:

City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking for an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access — a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof — Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.

1

BEDROOMS

1

BATHROOMS

0.53

ACRES

1941

YEAR BUILT

Three Or More

LEVELS

23220

SQ. FT.

Primary Information

MLS#:4152159

Price:$3,250,000

Bedrooms:1

Bathrooms:1

Lot Size:23086.8

Lot Acres:0.53

Years Built:1941

Total Levels:Three Or More

Status:Active

Neighborhood Information

Address:827 N State Street, Jackson, MS 39202

Neighborhood:City View

City:Jackson

County:Hinds

State:MS

School:Other

Listing Details

Buyer Agent:Sims Realty

Listing Agent:Rimes Dinkins

Listing Office:Madison Properties, Inc.

Interior Features

Interior:23220 Sq. Ft.

Flooring:Ceramic Tile,Wood,Tile

Water Heater:Natural Gas

Amenities

Waterfront Features:None

Exterior Features

Roof:Other

Sewer:Public Sewer

Details

Details:City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking for an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access — a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof — Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.

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Greenwood, MS 38930
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