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BEDS5
BATHS
SQUARE FEET1,030
MLS#168291
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOther
NEIGHBORHOODEast
Property Description
Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Central, Electric
Lot Size: 5.50 Acres
Roof Type: Metal
Year Built: 1989
Feature Descriptions
Appliances: Group A(Stove, Refrigerator, Dishwasher, Microwave, Disposal, Range-Electric, Washer/Dryer), Group B(Stove, Refrigerator, Dishwasher, Microwave, Disposal, Range-Electric, Washer/Dryer), Group C(Stove, Refrigerator, Dishwasher, Microwave, Disposal, Range-Electric, Washer/Dryer), Group D(Stove, Refrigerator, Dishwasher, Microwave, Disposal, Range-Electric, Washer/Dryer), Electric Water Heater
Cooling Y/N: Yes
Days on Site: 6
Exterior: Wood Siding
Foundation: Slab
Heating Y/N: Yes
Laundry: Individual Laundry
Parking: Assigned, On Street
Parking Total: 65
Sewer: Public Sewer
SQFT Building Total: 1030
Utilities: Cable Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Crye-Leike Oxford Real Estate
Agent Name: Tim Phillips
Agency Phone: (662) 816-9194
Co-Listed By
Agency Name: Crye-Leike Oxford Real Estate
Agent Name: Pittman Phillips
Agency Phone: (662) 816-0111
Source: North Central Mississippi MLS
Estimate Your Payment
Estimated Payment
$ 40,149.87 per month $35,497.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $4,652.08 Homeowner's Insurance
1600 Oxford Place | MLS# 168291
This multi-family property located at 1600 Oxford Place, Oxford, MS 38655 is currently listed for sale by Crye-Leike Oxford Real Estate, with an asking price of $15,950,000. Search East real estate on www.clcommercialrealestate.com today.