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$550,000
9 Beds ⋅ 6 Baths ⋅ 4157803 MLS
**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookings, and corporate stays * Furnishings convey with the sale, allowing the next owner to continue operations immediately without additional capital investment * ALL UNITS ARE FULLY LEASED as this property has the Advantage of the property's downtown location which provides convenient access to restaurants, retail, and local businesses, supporting both long-term residential leasing and furnished corporate rental demand. Market conditions indicate low vacancy rates, limited concessions, and strong rental demand, reinforcing the property's stable operating profile. With a balanced unit mix, multiple revenue sources, dedicated off-street parking, and a documented history of income production, this property offers investors a combination of current cash flow and near-term growth potential. Its stabilized operating performance is supported by actual rental income and recurring operating expenses, providing a strong foundation for long-term investment ownership.

100 Elizabeth Street, Picayune

Listing courtesy of Real Broker, LLC..

$870,000
7 Beds ⋅ 7 Baths ⋅ 4144405 MLS
Gorgeous custom Tudor home with plenty of space for hosting parties and large families. Property has many fruit trees, inground pool, work shop, and 5-acre pond, 2 gazebos and picnic area. Brand new updated master bath awaits with large master suite with fireplace. Cooking dinners made easy with a double island kitchen, a butler's pantry that opens to the formal dining room and additional flex space with a wet bar. Plenty of space in a 30x40 workshop to hold equipment and work on projects with the kids.

2655 S Highway 43, Picayune

Listing courtesy of Templet Realty, LLC.

$575,000
6 Beds ⋅ 5 Baths ⋅ 4143984 MLS
This custom built stately 6 bedroom home on a semi-private country road offers space for everyone to do their own thing and room to gather together. Features include a billiards room complete with pool table and a separate entrance; a stunning stone fireplace in the great room; dreamy huge kitchen with beautiful glass front cabinets; kitchen deck overlooking the sandy beaches on the Hobolochitto Creek; formal dining room; music/living room; two bedroom ensuites on Level I; Primary Suite with Sitting room; 2 New HVAC systems; attached garage; mud room/utility entrance; and serene landscaping with a wrought iron fountain. All of this in a quiet country setting less than 2 miles to I-59; one hour to downtown New Orleans and within an hour's drive to 2 International airports.

63 Fritz Whitfield Road, Picayune

Listing courtesy of Compass.

$990,000
6 Beds ⋅ 5 Baths ⋅ 4140418 MLS
Two stunning residences situated on 7.28 acres have just been newly listed -- offering a rare opportunity for multiple family living or investment potential. With two separate homes on adjoining acreage, this property is ideal for Mother in Law home, extended family, guest quarters, or rental income. Homes are 350 feet apart. Beginning with 11080, this residence features a butler-style kitchen with a large center island, spacious living room, craft room, upstairs bonus room, and generously sized bedrooms. Nestled on 3.5 acres, the property also includes two shops, providing ample storage or workspace. Alternatively, 11804 is a beautiful brick home situated on 3.78 acres, offering three bedrooms, three bathrooms, a sunroom, office, den, and covered back patio. In addition, there is a shop with a full bath and double insulation -- perfect for hobbies, projects, or additional workspace. These properties are truly must-see. An additional 8 acres are also available for purchase if desired.

11084 Road 231 & 11080 Road 231, Picayune

Listing courtesy of RE/MAX Premier Group.

$339,000
6 Beds ⋅ 4 Baths ⋅ 4116440 MLS
Spanning 12.7 acres, this property provides ample space for both relaxation and entertainment. This versatile home offers 6 bedrooms, 3.5 bathrooms, 2 full kitchens and 2 living areas, giving you the flexibility to enjoy it as one large home or divided into separate living spaces. The additional area is perfect as a guest suite or private apartment. Ideal for hosting or rental income. Outside you will find a large metal workshop for utility and storage. Despite its peaceful, rural atmosphere, the home is conveniently located close to town and Interstate 59, ensuring easy access to urban amenities and travel routes. Whether you're seeking a quiet retreat or a vibrant space to entertain, this property offers the best of both worlds.

38 Eldridge Patch Road, Picayune

Listing courtesy of Berkshire Hathaway Home Servs., Panoramic Properties.

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