UPDATED:
Key Details
Property Type Single Family Home, Multi-Family, Vacant Land
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,194 sqft
Price per Sqft $100
Subdivision Olde Towne Place
MLS Listing ID 4129594
Style A-Frame
Bedrooms 2
Full Baths 2
Year Built 1979
Annual Tax Amount $1,298
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Single Family Residence
Source MLS United
Property Description
Key Features & Highlights
• 2 bedrooms and 2 bathrooms within a manageable footprint—ideal for remodeling, updating, or transforming into a rental or live‑work asset.
• Located in the sought‑after 39157 ZIP code of Ridgeland, offering access to amenities, schools, and a strong local market.
• Built in 1979 and showing its age—this is a fixer‑upper that holds tremendous potential value once revitalized.
Opportunity & Investment Appeal
Because this home needs work, it's priced and positioned as a value play. For investors or handy homeowners, this means you can enter the market at a favorable cost basis, bring in updates, and realize either strong rental income or resale gain. Comparable homes in the neighborhood suggest solid value appreciation once upgraded.
Important Financing Note
Please note: This property does not qualify for FHA or VA financing in its present condition. It is being marketed as a cash‑or‑hard‑money AS IS investment opportunity, or for conventional financing with the understanding that a renovation plan is part of the investment strategy.
Location & Neighborhood
Nestled in a residential area of Ridgeland, this home is part of a friendly, established community. The local schools, while modest in ratings, provide access to public education through the Madison County School District. The city of Ridgeland itself offers growing infrastructure, nearby shopping, dining, and easy access to major thoroughfares.
Ideal Buyer Profile
• Investors looking for a 'fix & flip' or 'buy & hold' rental property.
• A handy homeowner seeking a renovation project with upside.
• Buyers comfortable with non‑traditional financing (e.g., conventional after rehab, cash, hard money).
• Someone looking to tap into Ridgeland's growing market at an entry price.
Next Steps
If you're ready to take on a project with strong potential, this property delivers location + size + value.
More Photos coming this weekend!
Location
State MS
County Madison
Direction From W Jackson Street, take N Magnolia Street beside the First Baptist Church, then turn left onto W Porter Street. The home is the 4th house on the left.
Rooms
Other Rooms Workshop
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Laminate Counters
Heating Central, Fireplace(s), Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Window Features Wood Frames
Appliance Dishwasher, Electric Range, Exhaust Fan, Microwave, Range Hood
Laundry Common Area, Electric Dryer Hookup, Inside, Main Level, Washer Hookup
Exterior
Exterior Feature None
Parking Features Carport, Driveway, Concrete
Carport Spaces 2
Community Features None
Utilities Available Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Porch None
Garage No
Private Pool No
Building
Lot Description City Lot, Few Trees, Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Level or Stories One
Structure Type None
New Construction No
Schools
Elementary Schools Ann Smith
Middle Schools Olde Towne
High Schools Ridgeland
Others
Tax ID 072d-19c-028-00-00
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