# 622 4th S, Columbus, MS 39701

> **TL;DR:** residential multi family, $319,000 ($79/sqft), 4,013 sqft.
> A/C. Est. $1,382/mo. Listed 37 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $319,000 |
| Price/sqft | $79 |
| Square Feet | 4,013 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 37 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,382 |
| **Total** | **$1,382** |

## Key Amenities

- A/C

## Description

### Agent Description
Value-add 5-unit multifamily investment opportunity located at 622 4th St South, offered at $319,000. The property currently generates $1,940/month ($23,280 annually) with two units vacant and actively marketed for $645 and $695, presenting an immediate opportunity to increase income. Once fully leased, the property is projected to produce $3,280/month ($39,360 annually) in gross rental income. At the asking price, the property operates at approximately a 7.3 cap rate on current income with the potential to reach over a 12 cap rate at stabilized occupancy. Ideal for investors seeking strong cash flow potential and upside through lease-up in a market with consistent rental demand.

## Location

- **Address:** 622 4th S, Columbus, MS 39701
- **County:** Lowndes
- **Coordinates:** 33.489283, -88.428688
- **Google Maps:** https://www.google.com/maps?q=33.489283,-88.428688

## Listing Agent

- **Name:** TANNER DOLAN
- **Brokerage:** SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
- **Phone:** (662) 352-4990
- **Email:** Swoope@tilc.com

## Primary Photo

![622 4th S - Primary Photo](http://lh.rdcpix.com/09403844c7cd7d496be1b3ee769f4395l-f443203918r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/622-4th-s-columbus-ms-39701-s26523)*

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**MLS#:** 26-523 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Golden Triangle Association of Realtors. 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://www.propertysimple.com/listing/622-4th-s-columbus-ms-39701-s26523)

---

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