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Offices418 HWY 90 Waveland, MS 39576
$1,500,000
Vaiden, MS 39176
MLS# 4135007
2 beds | 22561 sqft
1 / 1
Property Description
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.
Details
Maps
Address and Location Information
Parcel Number: 123a-23-A-0032000
Community Of: N/A
Street Number: 411
Street Name: Court
Street Suffix: Street
County: Carroll
State: MS
Zip Code: 39176
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-01-01
List Price: $1,500,000
Current Price: $1,500,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 28
Approx Lot Size Acres: 3
SqFt Source: Assessor
List Price/SqFt: 66.49
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
School District: Carroll County Dist
Accessibility Features: Yes
Approx H/C SqFt: 22561
Year Built: 1981
Bedrooms Total: 2
Bathrooms Full: 1
Tax and Financial Information
Tax Annual Amount: 22837
Tax Year: 2024
Homestead Y/N: Yes
Additional Exemptions Y/N: Yes
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: PT SE 1/4 NE 1/4
Remarks & Miscellaneous
Public Remarks: 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.
Structure Type
Multi Family: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Affordable Housing: 1
Cash: 1
Conventional: 1
FHA: 1
USDA Loan: 1
VA Loan: 1
Waterfront Features
See Remarks: 1
Showing Requirements
Showing: Appointment Required
Appointment Phone: 9016547589
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Brick Veneer: 1
Roof
Architectural Shingles: 1
Exterior Features
See Remarks: 1
Parking Features
Parking Lot: 1
Property Features
Structure Type: Multi Family
Levels: Two
Cooling: Central Air
Heating: Central
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Affordable Housing; Cash; Conventional; FHA; USDA Loan; VA Loan
Roof: Architectural Shingles
Exterior Features: See Remarks
Parking Features: Parking Lot
Waterfront Features: See Remarks
Listing Office: Gene Adams Realty
Listing Agent: Gene E Adams
Last Updated: January - 03 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$1,500,000
Vaiden, MS 39176
MLS# 4135007
2 beds | 22561 sqft
1 / 1
Property Description
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.
Details
Maps
Address and Location Information
Parcel Number: 123a-23-A-0032000
Community Of: N/A
Street Number: 411
Street Name: Court
Street Suffix: Street
County: Carroll
State: MS
Zip Code: 39176
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-01-01
List Price: $1,500,000
Current Price: $1,500,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 28
Approx Lot Size Acres: 3
SqFt Source: Assessor
List Price/SqFt: 66.49
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
School District: Carroll County Dist
Accessibility Features: Yes
Approx H/C SqFt: 22561
Year Built: 1981
Bedrooms Total: 2
Bathrooms Full: 1
Tax and Financial Information
Tax Annual Amount: 22837
Tax Year: 2024
Homestead Y/N: Yes
Additional Exemptions Y/N: Yes
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: PT SE 1/4 NE 1/4
Remarks & Miscellaneous
Public Remarks: 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.
Structure Type
Multi Family: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Affordable Housing: 1
Cash: 1
Conventional: 1
FHA: 1
USDA Loan: 1
VA Loan: 1
Waterfront Features
See Remarks: 1
Showing Requirements
Showing: Appointment Required
Appointment Phone: 9016547589
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Brick Veneer: 1
Roof
Architectural Shingles: 1
Exterior Features
See Remarks: 1
Parking Features
Parking Lot: 1
Property Features
Structure Type: Multi Family
Levels: Two
Cooling: Central Air
Heating: Central
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Affordable Housing; Cash; Conventional; FHA; USDA Loan; VA Loan
Roof: Architectural Shingles
Exterior Features: See Remarks
Parking Features: Parking Lot
Waterfront Features: See Remarks
Listing Office: Gene Adams Realty
Listing Agent: Gene E Adams
Last Updated: January - 03 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.