801 Goodwater Rd NW

4,170 Sq. Ft.
$80 / Sq. Ft.
4,170
Sq. Ft.
$80
per Sq. Ft.

Description

Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential. The apartment units feature...Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential. The apartment units feature low-maintenance brick construction with a durable metal roof, while the included mobile home adds additional income and flexibility. Situated on a spacious lot with mature shade trees and ample parking, the property is conveniently located near local schools, shopping, and employment centers. With full occupancy potential, multiple income sources, and limited multifamily inventory in the Magee market, this property presents an outstanding opportunity for investors seeking stable returns, portfolio growth, and long-term appreciation. Whether you're a seasoned investor or looking to expand your rental holdings, this turnkey income-producing property is one you won't want to miss. Shown by appointment only. Tenant rights apply.
  1. Listed by Kimberly D Walker • Brokerage DRE #C24400 • E Speed Realty
    P: (601)-273-2180 C: (601)-273-2180 kimberly@espeedrealty.com
  2. Listed by Olivia J Adams • Brokerage DRE #C24400 • E Speed Realty
    P: (601)-818-8377 C: (601)-818-8377 oliviaadams538@gmail.com

Property Details for 801 Goodwater Road Northwest

Furnished
No
Waterfront
No
Waterfront Features
None
LISTING UPDATED: 06/21/2026 09:29 PM

Property Details for 801 Goodwater Road Northwest

StatusActive
MLS #4153557
Days on MarketListed Today
Taxes$5,044 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1970
Lot Size0.26 AC / 11,325 SF
CountySimpson County

Location

Listing Courtesy of E Speed Realty
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Building Information for 801 Goodwater Road Northwest

Stories-Residences6Year Built1970Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$2,089 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,669

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 801 Goodwater Road Northwest

Summary
Location and General Information
  • Community Features: Other
  • Subdivision Name: Metes And Bounds
  • Latitude: 31.88
  • Longitude: -89.74
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: PT S1/2 NW1/4 SW1/4 N OF GOODWATER RD UNPLATTED LAND SEC 36-1-5 DB 672-80 79 CB 971-619 95 (additional parcel with legal desc as PT S 1/2 NW 1/4 SW 1/4 N of Goodwater Rd SEC 36-1-5 DB 1013-68 97
  • Tax Year: 2025
  • Tax Annual Amount: $5,044.00
  • Tax and Financial Information:Tax Annual Amount: $5,044.00
  • Tax and Financial Information:Tax Year: 2,025.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: PT S1/2 NW1/4 SW1/4 N OF GOODWATER RD UNPLATTED LAND SEC 36-1-5 DB 672-80 79 CB 971-619 95 (additional parcel with legal desc as PT S 1/2 NW 1/4 SW 1/4 N of Goodwater Rd SEC 36-1-5 DB 1013-68 97
  • Parking Spaces:1 Space Unit: Yes
Parking
  • Parking Features: Paved
  • Parking Total: 6.00
  • Attached Garage: No
  • Parking Features:Parking Total: 6.00
  • Parking Features:Paved: Yes
School Information
  • Elementary School: Magee
  • High School: Magee
  • Middle Or Junior School: Magee
  • District High School: Simpson CO Dist
Property
Lot Information
  • Lot Size Acres: 0.26
  • Year Built Source: Public Records
  • Structure Type: Multi Family
  • Living Area Source: Public Records
  • Building Area Total: 4170.0
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11325.6
  • Waterfront Features:None: Yes
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Res Income Multi-Fam
  • Year Built: 1970
  • General Property Information:New Construction: No
  • General Property Information:# of Units Included in Sale: 6.00
  • General Property Information:Approx Lot Size Acres: .26
  • General Property Information:SqFt Source: Public Records
  • General Property Information:Year Built Source: Public Records
  • General Property Information:Total Floors: 1.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Furnished: No
  • General Property Information:School District: Simpson CO Dist
  • General Property Information:Elementary School: Magee
  • General Property Information:Middle or Junior School: Magee
  • General Property Information:High School: Magee
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Electricity Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: None
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
  • Bathrooms Total Integer: 6
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Notational: 6.00
  • Bedrooms Total: 7
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
Multi Family
Multi Family Information
  • Number Of Units Total: 6
Unit 1 Information
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
Unit 2 Information
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
Unit 3 Information
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
Unit 4 Information
  • Unit 4 Bedrooms: 1
  • Unit 4 Full Baths: 1
Unit 5 Information
  • Unit 5 Bedrooms: 2
  • Unit 5 Full Baths: 1
Unit 6 Information
  • Unit 6 Bedrooms: 2
  • Unit 6 Full Baths: 1

Property History for 801 Goodwater Road Northwest

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Listed (Active)

GCAOR MLS #4153557

$334,900
DateEvent & SourcePrice
06/22/2026

Listed (Active)

GCAOR MLS #4153557

$334,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 801 Goodwater Road Northwest

This home is within Simpson Co School Dist.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Magee Elementary School
PublicK to 5

Magee Middle School
Public6 to 8

Magee High School
Public9 to 12

Simpson County Achievement Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

801 Goodwater Road Northwest is a multi-family home for sale in Magee, MS 39111. This property was listed for sale on June 22, 2026 by E Speed Realty, it's currently listed at $334,900. This listing's school district is Simpson Co School Dist. Nearby schools include Magee Elementary School, Magee Middle School and Magee High School. 801 Goodwater Road Northwest is a 7-bed, 6-bath, 4,170 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of E Speed Realty

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