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
| MLS # | 4135007 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 245 |
| Listing Provided By | Gene Adams Realty | Gene E Adams |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 22,561 |
| Story(s) | 2 |
| Units | 28 |
| Acreage | 3.00 |
| Water Front | See Remarks |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Furnished | No |
Exterior
| Exterior Features | See Remarks |
|---|---|
| Roof | Architectural Shingles |
| Construction Materials | Brick, Brick Veneer |
| Foundation Details | Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
Utilities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|
Taxes
| Property | 22837 |
|---|
Area Information
| State | MS |
|---|---|
| County | Carroll |
| City | Vaiden |
| Zip Code | 39176 |
| Area | Carroll |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $1,500,000 low | high Med: $229,900 sqft: 22,561 low | high Med: 2,088 $ / sqft: $66 low | high Med: $110 On site: 245 low | high Med: 45 | |
Request a showing
Request a showing
The information is being provided by MLS United. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS United. All Rights Reserved.Contact
Learn More About This Property
| State | MS |
|---|---|
| County | Carroll |
| City | Vaiden |
| Zip Code | 39176 |
| Area | Carroll |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $1,500,000 low | high Med: $229,900 sqft: 22,561 low | high Med: 2,088 $ / sqft: $66 low | high Med: $110 On site: 245 low | high Med: 45 | |
Quick Searches: Homes for Sale in Germantown | Arlington | Atoka | Bartlett | Collierville | Cordova | Eads | Oakland | Hernando | Horn Lake | Lakeland | Memphis | Millington | Olive Branch | Southaven | Antioch | Mount Juliet | Greenbrier | Nashville | Franklin | Brentwood | Goodlettsville | Lebanon | Murfreesboro | Clarksville | Gallatin | Hendersonville | Atlanta | Alpharetta | Marietta | Oak Grove | Smyrna | Sandy Springs | Brookaven | Decatur | College Park | Woodmere
Quick Searches by County: Fayette | Shelby | Tipton | DeSoto | Marshall | Tate | Tunica | Cheatham | Davidson | Dickson | Maury | Montgomery | Robertson | Rutherford | Sumner | Williamson | Wilson | Cherokee | Clayton | Cobb | DeKalb | Douglas | Forsyth | Fulton | Gwinnett | Henry | Rockdale
Real estate listings held by brokerage firms other than Kaizen Realty, REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
The information is being provided by MLS United. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS United. All Rights Reserved.Listing information is deemed reliable but is not guaranteed. If your property is currently listed or you are working with a Realtor, please disregard this advertising.
©2026 KAIZEN Realty, LLC. All Rights Reserved. Privacy Policy | Terms | Brokerage License Numbers: Tennessee 260833 | Mississippi 20014 | Georgia 79107 | Florida CQ1067953 Office: 901-221-4041 | Toll Free: 1-888-8-KAIZEN SMS Compliance: By providing a telephone number and submitting the form you agree to be contacted by KAIZEN Realty LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy
