Opportunity is knocking—and it's loud. This 3-bedroom, 2-bath home with a versatile flex room sits on a sprawling 0.82-acre lot in the highly sought-after Petal School District, making it a prime target for investors, entrepreneurs, and visionaries alike.
Whether you're searching for your next fix-and-flip, a cash-flowing rental, or the ideal location for a future office or boutique restaurant concept, this property delivers endless potential. Previously operating as a successful rental, the fundamentals are already in place—now it's ready for a refresh and a new chapter.
Inside, you'll find original hardwood floors preserved beneath carpet, waiting to be revealed and restored to their former glory. Major improvements add confidence, including updated plumbing and HVAC, allowing you to focus your budget on design and value-add upgrades rather than costly systems. The home also offers generous storage throughout, a rare and valuable feature for both residential and commercial use.
The property proudly retains its historic charm and character, offering a timeless foundation that blends beautifully with modern renovation possibilities. With generous room sizes and a flexible layout, the space adapts easily to residential, commercial, or mixed-use ideas.
Outside, the nearly one-acre lot opens the door to expansion, parking, outdoor seating, or redevelopment—rare flexibility in such a desirable location. A detached shed provides additional storage or workspace, adding even more functionality to the property.
With motivated sellers and TLC unlocking significant upside, this is the kind of opportunity investors watch for—but rarely find. Bring your vision, your plans, and your creativity. This is more than a house—it's a blank canvas with history, location, and potential all working in your favor.
For sale
$220,000
522 Old Richton Rd, Petal, MS 39465
3beds
1,850sqft
Est.:
Single Family Residence, Residential
Built in 1930
0.82 Acres Lot
$138,400 Zestimate®
$119/sqft
$-- HOA
What's special
Versatile flex roomFlexible layoutHistoric charm and characterNearly one-acre lotGenerous room sizesUpdated plumbing and hvacGenerous storage throughout
- 3 days |
- 823 |
- 31 |
Zillow last checked: 8 hours ago
Listing updated: January 15, 2026 at 09:02am
Listed by:
Dawson Lowery 601-517-5468,
Epique Realty 888-893-3537
Source: HSMLS,MLS#: 145454
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Electric, Central Air
Features
- Walk-In Closet(s), High Ceilings, Kitchen Island
- Flooring: Wood, Carpet
- Windows: Aluminum Frames, Wood Frames
- Attic: Pull Down Stairs
- Number of fireplaces: 1
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Parking
- Parking features: Carport, Covered, Driveway, Paved
- Has garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Storage
Lot
- Size: 0.82 Acres
- Dimensions: .82 AC
- Features: See Remarks
Details
- Parcel number: 3022P3601801
- Zoning description: RES
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick Veneer
- Foundation: Slab/Raised
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: City of Petal, Public Sewer
- Water: Public
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Subdivision: None
Location
- Region: Petal
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $61,530
- Annual tax amount: $1,940
- Date on market: 1/14/2026
Estimated market value
$138,400
$100,000 - $181,000
$1,317/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Listed for sale | $220,000$119/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,628 +6682% | $9,230 +6354.5% |
| 2023 | $24 -2% | $143 |
| 2022 | $25 -0.5% | $143 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,095/mo
Principal & interest
$853
Property taxes
$165
Home insurance
$77
Climate risks
Neighborhood: 39465
Nearby schools
GreatSchools rating
- 8/10Petal Upper Elementary SchoolGrades: 5-6Distance: 1.1 mi
- 9/10Petal Middle SchoolGrades: 7-8Distance: 0.5 mi
- 10/10Petal High SchoolGrades: 9-12Distance: 2.9 mi
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