Property photo 1
2 Beds
1 Bath
22,561 sqft

$1,500,000

411 Court Street, Vaiden MS, 39176

Price per sqft$66.49
Built in1981
Property size22,561 sqft
Property typeMulti-family
Listed by Gene E Adams 901-461-4363 with Gene Adams Realty

Overview

Active

Listed Jan 3, 2026

Updated Jun 10

Well-maintained 28-unit Project-Based Section 8 multifamily community located at 411 Court Street, Vaiden, MS. The property is 95% occupied and benefits from a long-term HUD HAP contract in place through 2036, providing stable, government-backed income. Built in 1981, the asset spans approximately 21,926 SF on ±3.44 acres and is zoned R-4 Multifamily. Positioned in the county seat of Carroll County with convenient access to Highway 51 and Highway 35, and supported by nearby retail, medical, and educational amenities. Turnkey affordable housing investment with long-term cash flow and future redevelopment or 4%/9% LIHTC potential.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4135007

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3 Acres

Other Property Details

Taxes
$22,837
Tax Frequency
Annually
Waterfront
Yes
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The IDX display contains information sourced from the MLS United as of 6/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/10/2026 at 6:46 PM UTC

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