# 100 Elizabeth Street, Picayune, MS 39466 > **TL;DR:** 9bd/6ba residential multi family, $550,000 ($118/sqft), built 1940, 4,650 sqft. > A/C. Est. $2,941/mo. Listed 90 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $550,000 | | Price/sqft | $118 | | Bedrooms | 9 | | Bathrooms | 6 full | | Square Feet | 4,650 | | Year Built | 1940 | | Lot Size | 10,019 sqft (0.23 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 90 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,781 | | Estimated Insurance | $160 | | **Total** | **$2,941** | ## Key Amenities - A/C ## Property Highlights - Built in 1940 - 0.23 acre lot - 2 stories - 12 parking spaces ## Description ### Agent Description **100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookings, and corporate stays * Furnishings convey with the sale, allowing the next owner to continue operations immediately without additional capital investment * ALL UNITS ARE FULLY LEASED as this property has the Advantage of the property's downtown location which provides convenient access to restaurants, retail, and local businesses, supporting both long-term residential leasing and furnished corporate rental demand. Market conditions indicate low vacancy rates, limited concessions, and strong rental demand, reinforcing the property's stable operating profile. With a balanced unit mix, multiple revenue sources, dedicated off-street parking, and a documented history of income production, this property offers investors a combination of current cash flow and near-term growth potential. Its stabilized operating performance is supported by actual rental income and recurring operating expenses, providing a strong foundation for long-term investment ownership. ## Location - **Address:** 100 Elizabeth Street, Picayune, MS 39466 - **County:** Pearl River - **Coordinates:** 30.525759, -89.68132 - **Google Maps:** https://www.google.com/maps?q=30.525759,-89.68132 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/100-Elizabeth-Street-Picayune-MS-39466--4157991/unbranded ## Listing Agent - **Name:** Amy Olson · **License:** S60640 - **Brokerage:** Real Broker LLC - **Broker Phone:** (855) 450-0442 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/100-Elizabeth-St_Picayune_MS_39466_M97454-57579?f=listhub&s=MGCMLSMS&m=4157991&c=propsimple) ## Photos ![100 Elizabeth Street - Photo 1](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3077732937r.jpg) ![100 Elizabeth Street - Photo 2](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3688046648r.jpg) ![100 Elizabeth Street - Photo 3](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1838133859r.jpg) ![100 Elizabeth Street - Photo 4](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f2820952064r.jpg) ![100 Elizabeth Street - Photo 5](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1589094748r.jpg) ![100 Elizabeth Street - Photo 6](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1444285982r.jpg) ![100 Elizabeth Street - Photo 7](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1542990791r.jpg) ![100 Elizabeth Street - Photo 8](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f4267602974r.jpg) ![100 Elizabeth Street - Photo 9](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3278871807r.jpg) ![100 Elizabeth Street - Photo 10](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f394296505r.jpg) ![100 Elizabeth Street - Photo 11](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1702232139r.jpg) ![100 Elizabeth Street - Photo 12](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f815129706r.jpg) ![100 Elizabeth Street - Photo 13](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f2810763354r.jpg) ![100 Elizabeth Street - Photo 14](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f134396824r.jpg) ![100 Elizabeth Street - Photo 15](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f2820455621r.jpg) ![100 Elizabeth Street - Photo 16](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3580555377r.jpg) ![100 Elizabeth Street - Photo 17](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1253079596r.jpg) ![100 Elizabeth Street - Photo 18](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1218375888r.jpg) ![100 Elizabeth Street - Photo 19](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f264134928r.jpg) ![100 Elizabeth Street - Photo 20](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f4061773916r.jpg) ![100 Elizabeth Street - Photo 21](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f748970551r.jpg) ![100 Elizabeth Street - Photo 22](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1404138301r.jpg) ![100 Elizabeth Street - Photo 23](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3966705020r.jpg) ![100 Elizabeth Street - Photo 24](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1450505572r.jpg) ![100 Elizabeth Street - Photo 25](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1450320290r.jpg) ![100 Elizabeth Street - Photo 26](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1659319147r.jpg) ![100 Elizabeth Street - Photo 27](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1496976192r.jpg) ![100 Elizabeth Street - Photo 28](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f1162774916r.jpg) ![100 Elizabeth Street - Photo 29](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f139780559r.jpg) ![100 Elizabeth Street - Photo 30](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f2508696333r.jpg) ![100 Elizabeth Street - Photo 31](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f992611770r.jpg) ![100 Elizabeth Street - Photo 32](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3593614744r.jpg) ![100 Elizabeth Street - Photo 33](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f29655064r.jpg) ![100 Elizabeth Street - Photo 34](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3677251103r.jpg) ![100 Elizabeth Street - Photo 35](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f3891084260r.jpg) ![100 Elizabeth Street - Photo 36](http://lh.rdcpix.com/dbe6f7e52be857ec874985d50348ee43l-f237265783r.jpg) --- **MLS#:** 4157991 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/100-elizabeth-street-picayune-ms-39466-ca181ab41cc34d29bd09237599032d6e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/100-elizabeth-street-picayune-ms-39466-ca181ab41cc34d29bd09237599032d6e#listing", "url": "https://staging.propertysimple.ai/listing/100-elizabeth-street-picayune-ms-39466-ca181ab41cc34d29bd09237599032d6e", "name": "100 Elizabeth Street, Picayune, MS 39466", "description": "**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookings, and corporate stays * Furnishings convey with the sale, allowing the next owner to continue operations immediately without additional capital investment * ALL UNITS ARE FULLY LEASED as this property has the Advantage of the property's downtown location which provides convenient access to restaurants, retail, and local businesses, supporting both long-term residential leasing and furnished corporate rental demand. 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