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Property view

1600 N 27th, 
Columbus, MS 39701

$475,000

—

Bed

—

Bath

5,168

Sq Ft

Multi-Family

Active

Listed by

Karon "Jeni" Tippett

, 

Sheri Lipsey

True Real Estate LLC.

662-206-6577

Last updated:

October 24, 2026, 02:20 AM

MLS#

26-2426

Source:

MS GTAR

About This Home

1600 N 27th

14-unit multifamily in north Columbus, just off 14th Ave N. Built in the 1980s, priced at $475,000, with a ton of upside for the right investor. The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect. Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab. Why it works for the right buyer: 14 units under one roof, 12 ready to be renovated and lease. It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.

Home Facts

Multi-Family

Subdivision & Development:

None

Price Summary

475,000

$91 per Sq. Ft.

MLS #:

26-2426

Last Updated:

October 24, 2026, 02:20 AM

Added:

a day ago

Structure

Structure

Building Area:

5,168 Sq. Ft.

Finances & Disclosures

Finances

Price:

$475,000

Price per Sq. Ft:

$91 per Sq. Ft.

Source:MS GTAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.