171 Road 199 Tupelo, MS 38801

PRICED AT $3,800,000

Listing Details

  • $3,800,000
  • MLS# 4156733
  • Type Multi Unit - Multiple
  • Status Active
  • 8 Bedrooms
  • 70 full Bathrooms
  • 70,000 Square Feet
  • 10.800 acres Lot Size
  • 1987 Year Built

Description

Lakefront / Lilly Jean Duplexes & Houses Expand your portfolio with this rare, income-producing multi-family community situated on over 17 scenic acres NEAR a private lake. This unique offering includes 67 residential units consisting of 60 duplex units (2-bedroom, 1-bath) and 7 single-family homes with a mix of floor plans: 3 homes - 3 bedroom, 2 bath 2 homes - 3 bedroom, 1 bath 2 homes - 2 bedroom, 1 bath Currently 97% occupied with predominantly one-year leases in place, this property provides immediate, stable cash flow. Many units have been updated with fresh paint, flooring, cabinets and other improvements, helping attract and...read more

Features

  • 1.0 Story
  • $25,421 Taxes
  • Well, Public
  • Built in 1987
View All Features

Contact the Listing Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/21/2026. The listing information on this page last changed on 08/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/21/2026 10:25:32 AM EST) or GAMLS (last updated Fri 08/21/2026 10:15:13 AM EST) or CARMLS (last updated Fri 08/21/2026 9:50:27 AM EST) or MAAR MLS (last updated Fri 08/21/2026 10:23:45 AM EST) or FMLS (last updated Fri 08/21/2026 10:18:38 AM EST) or East Tennessee REALTORS (last updated Fri 08/21/2026 10:15:07 AM EST) or RealTracs (last updated Fri 08/21/2026 10:16:30 AM EST) or Arkansas CARMLS (last updated Fri 08/21/2026 10:12:15 AM EST) or GSMAR MLS (last updated Fri 08/21/2026 9:16:54 AM EST) or Baldwin County MLS (last updated Fri 08/21/2026 10:21:17 AM EST) or Tennesse Virginia MLS (last updated Fri 08/21/2026 9:55:38 AM EST) or Emerald Coast MLS (last updated Fri 08/21/2026 10:15:30 AM EST) or Northeast Oklahoma Real Estate (last updated Fri 08/21/2026 9:25:15 AM EST) or Southern Kentucky MLS (last updated Fri 08/21/2026 9:55:56 AM EST) or SOMO MLS (last updated Fri 08/21/2026 9:09:35 AM EST) or North Georgia MLS (last updated Thu 08/20/2026 10:48:27 PM EST) or Golden Triangle MLS (last updated Fri 08/21/2026 10:22:38 AM EST) or MLS United (last updated Fri 08/21/2026 10:16:35 AM EST) or Lakeway MLS (last updated Fri 08/21/2026 10:23:08 AM EST) or Batesville MLS (last updated Fri 08/21/2026 10:00:06 AM EST) or North Central Mississippi MLS (last updated Fri 08/21/2026 6:32:50 AM EST) or Hot Springs MLS (last updated Fri 08/21/2026 8:28:43 AM EST) or Huntsville/Valley MLS (last updated Fri 08/21/2026 8:58:50 AM EST) or Shoals MLS (last updated Fri 08/21/2026 8:30:53 AM EST) or Tupelo MLS (last updated Fri 08/21/2026 8:39:49 AM EST) or NEAKBOR MLS (last updated Fri 08/21/2026 8:11:05 AM EST) or EAKBOR MLS (last updated Fri 08/21/2026 10:23:07 AM EST) or CWTAR MLS (last updated Fri 08/21/2026 9:14:49 AM EST) or NWAKBOR MLS (last updated Fri 08/21/2026 10:19:25 AM EST) or Upper Cumberland MLS (last updated Fri 08/21/2026 9:01:15 AM EST) or Hattiesburg MLS (last updated Fri 08/21/2026 9:04:15 AM EST) or Puerto Rico MLS (last updated Fri 08/21/2026 10:15:33 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Days on Site: 30
  • Lot Description: Cul-De-Sac, Landscaped, Many Trees
  • Lot Size: 10.80 Acres
  • Parcel#: 1040-17-037-00
  • Roof Type: Metal, Shingle
  • Sewer: Shared Septic
  • Stories: 1.0
  • Taxes: $25,421
  • Units: 67
  • Water: Well, Public
  • Water Features: See Remarks
  • Year Built: 1987