Investor Special! Two Homes, One Price - Cash Flow from Day One! Here's your chance to own not one, but TWO income-producing properties on a single lot for just $278,000! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income--well above the 1% rule! Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes. Opportunities like this are rare--two homes, one property, fully rented, and priced to sell. Don't miss it!
Active
$278,000
2039 S Ridge Rd, Jackson, MS 39272
6beds
3,210sqft
Est.:
Residential, Single Family Residence
Built in 1951
0.61 Acres Lot
$270,600 Zestimate®
$87/sqft
$-- HOA
What's special
- 4 days |
- 203 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Michael Manuel 601-977-9411,
Keller Williams 601-977-9411
Source: MLS United,MLS#: 4146101
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Refrigerator, Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,210
- Total interior livable area: 3,210 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Carport, Covered, Enclosed, Concrete, Gravel
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Fencing: Back Yard
Lot
- Size: 0.61 Acres
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 48540833000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Lake
- Subdivision: Lake Ridgelea
Location
- Region: Jackson
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $104,570
- Annual tax amount: $2,528
- Date on market: 4/15/2026
- Electric utility on property: Yes
Estimated market value
$270,600
$257,000 - $284,000
$1,209/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listed for sale | $278,000-0.7%$87/sqft |
Source: MLS United #4146101 Report a problem | ||
| 8/7/2025 | Listing removed | $280,000$87/sqft |
Source: MLS United #4113813 Report a problem | ||
| 7/9/2025 | Price change | $280,000-1.7%$87/sqft |
Source: MLS United #4113813 Report a problem | ||
| 6/11/2025 | Price change | $284,900-1.7%$89/sqft |
Source: MLS United #4113813 Report a problem | ||
| 5/20/2025 | Listed for sale | $289,900-3%$90/sqft |
Source: MLS United #4113813 Report a problem | ||
| 3/1/2025 | Listing removed | $299,000$93/sqft |
Source: MLS United #4087864 Report a problem | ||
| 1/3/2025 | Price change | $299,000-3.5%$93/sqft |
Source: MLS United #4098535 Report a problem | ||
| 11/20/2024 | Price change | $310,000-1.6%$97/sqft |
Source: MLS United #4087864 Report a problem | ||
| 8/29/2024 | Listed for sale | $315,000+61.5%$98/sqft |
Source: MLS United #4087864 Report a problem | ||
| 9/14/2023 | Sold | -- |
Source: MLS United #4053537 Report a problem | ||
| 7/21/2023 | Pending sale | $195,000$61/sqft |
Source: MLS United #4053537 Report a problem | ||
| 7/19/2023 | Listed for sale | $195,000+37.3%$61/sqft |
Source: MLS United #4053537 Report a problem | ||
| 4/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/26/2023 | Price change | $1,375-8.3% |
Source: Zillow Rentals Report a problem | ||
| 4/22/2023 | Price change | $1,500+9.1% |
Source: Zillow Rentals Report a problem | ||
| 4/11/2023 | Price change | $1,375-6.8% |
Source: Zillow Rentals Report a problem | ||
| 4/7/2023 | Listed for rent | $1,475+18% |
Source: Zillow Rentals Report a problem | ||
| 3/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/4/2021 | Listed for rent | $1,250+31.6% |
Source: Zillow Rental Manager Report a problem | ||
| 6/3/2019 | Listing removed | $950 |
Source: Right Size Realty, LLC #320249 Report a problem | ||
| 5/13/2019 | Listed for rent | $950 |
Source: Right Size Realty, LLC #319844 Report a problem | ||
| 11/20/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/12/2018 | Pending sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
| 9/21/2018 | Listed for sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
| 8/13/2018 | Pending sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
| 7/31/2018 | Listed for sale | $142,000$44/sqft |
Source: Community First Real Estate, L #310891 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,454 +718% | $15,686 +110.5% |
| 2023 | $300 | $7,453 |
| 2022 | -- | $7,453 |
| 2021 | -- | $7,453 +0.8% |
| 2020 | -- | $7,394 |
| 2019 | -- | $7,394 |
| 2018 | -- | $7,394 +15.4% |
| 2017 | $680 | $6,407 |
| 2016 | $680 | $6,407 +0.9% |
| 2015 | $680 +1.2% | $6,350 |
| 2014 | $671 | $6,350 |
| 2013 | -- | $6,350 |
| 2012 | -- | $6,350 +140.5% |
| 2011 | -- | $2,640 |
| 2010 | -- | $2,640 |
| 2009 | -- | $2,640 |
| 2008 | -- | $2,640 +46.4% |
| 2007 | -- | $1,803 |
| 2006 | -- | $1,803 |
| 2005 | -- | $1,803 -33.3% |
| 2004 | -- | $2,705 |
| 2003 | -- | $2,705 |
| 2002 | -- | $2,705 +22.2% |
| 2001 | -- | $2,213 +50% |
| 2000 | -- | $1,475 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,572/mo
Principal & interest
$1345
Property taxes
$227
More affordability tools
Climate risks
Neighborhood: 39272
Nearby schools
GreatSchools rating
- 3/10Gary Road Intermediate SchoolGrades: 3-5Distance: 1 mi
- 2/10Byram Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Terry High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Gary Road
- Middle: Byram
- High: Terry
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Mississippi
- Hinds County
- Terry
- 39272
- 2039 S Ridge Rd
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