Movoto Real Estate
Sold on 07/03/2026
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801 Goodwater Rd, Magee, MS 39111

$334,900

Last sold 07/03/2026 after 12 Days

  • 7

    bed

  • 6

    bath

  • 4,170

    Sqft ($80/Sqft)

Multi-family not for sale

About 801 Goodwater Rd

Property type Multi-family
Year built 1970
HOA fee $0/month
Lot size 0.26 Acre
Property description
Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential.The apartment units feature low-maintenance brick construction with a durable metal roof, while the included mobile home adds additional income and flexibility. Situated on a spacious lot with mature shade trees and ample parking, the property is conveniently located near local schools, shopping, and employment centers.With full occupancy potential, multiple income sources, and limited multifamily inventory in the Magee market, this property presents an outstanding opportunity for investors seeking stable returns, portfolio growth, and long-term appreciation. Whether you're a seasoned investor or looking to expand your rental holdings, this turnkey income-producing property is one you won't want to miss.Shown by appointment only. Tenant rights apply.
Listed by
Listing Agent - Kimberly D Walker
Listing Office - E Speed Realty
Source: MLS United mls logo mls badge logo
MLS#4153557 • last updated 1 month ago
Movoto checked MLS United for data 8 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style One, Multi Family
MLS # 4153557
SqFt 4170
Status Closed
Lot Size (Acres) 0.26
Lot Size (SqFt) 11325.6
Property Tax 5044
Year Built 1970
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 7
Exterior
Foundation Slab
Roof Metal
Construction Brick
# of Parking Spaces 6
Parking Paved
Exterior Features None
Amenities / Utilities
Water Source Public
Location
Waterfront None
County Simpson
Subdivision Metes And Bounds
Community Features Other
Elementary School Magee
Middle School Magee
High School Magee
APN 4-057q-00-02200-003-08400
  • Jul 2026
    mls logo MLS # 4153557
  • Jul 3, 2026 Pending
    —
  • Jun 21, 2026 Listed
    $334,900
  • 801 Goodwater Rd
    $334K
  • —
  • 39111
    $159K -18% y/y
  • Magee
    $164K -15% y/y
No chart available
Statistics calculated by Movoto

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3/10
Source: GreatSchools.org © 2026. All rights reserved.

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