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801 Goodwater Road, 
Magee, MS 39111

$334,900


7

Beds


6

Baths


4,170

Sq Ft


Multi-Family

Pending

Listed by

Kimberly D Walker

Olivia J Adams

E Speed Realty

601-988-5974

Last updated:

July 21, 2026, 07:52 AM

MLS#

4153557

Source:

MS UNITED

About This Home

801 Goodwater Road

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.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1970

Price Summary

334,900

$80 per Sq. Ft.

MLS #:

4153557

Last Updated:

July 21, 2026, 07:52 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,170 Sq. Ft.


Structure

Structure

Building Area:

4,170 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

11,325


Finances & Disclosures

Finances

Price:

$334,900

Price per Sq. Ft:

$80 per Sq. Ft.

Source:MS UNITED
The information being provided by MLS United is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 MLS United All rights reserved.

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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.