851 Madison St

2,400 Sq. Ft.
$76 / Sq. Ft.
2,400
Sq. Ft.
$76
per Sq. Ft.

Description

Come take a look at this income-producing duplex in Belhaven Heights, just minutes from the heart of Belhaven. Built in 1938, this duplex features two spacious 2-bedroom, 1-bath units, each approximately 1,200 square feet and equipped with washer/dryer hookups. Both units are currently tenant-occupied, generating steady rental income (Unit A: $1,100 / Unit B: $1,050). Major improvements include a roof replacement roughly 10 years ago and a French drain system with a lifetime foundation warranty....Come take a look at this income-producing duplex in Belhaven Heights, just minutes from the heart of Belhaven. Built in 1938, this duplex features two spacious 2-bedroom, 1-bath units, each approximately 1,200 square feet and equipped with washer/dryer hookups. Both units are currently tenant-occupied, generating steady rental income (Unit A: $1,100 / Unit B: $1,050). Major improvements include a roof replacement roughly 10 years ago and a French drain system with a lifetime foundation warranty. Tenants pay their own utilities, and city trash pickup is provided. A solid option for investors seeking a stabilized asset in an established neighborhood with strong rental demand.
  1. Listed by Dean D Julius • Brokerage DRE #C24444 • Vesica Real Estate LLC
    P: (413)-222-1831 C: (413)-222-1861 dean@vesica.us
  2. Listed by Jennifer K Welch • Brokerage DRE #C24444 • Vesica Real Estate LLC
    P: (601)-988-7683 C: (601)-988-7683 jennifer@vesica.us

Property Details for 851 Madison Street

Architectural Style
Colonial
Furnished
No
LISTING UPDATED: 02/02/2026 05:04 PM

Property Details for 851 Madison Street

StatusActive
MLS #4137957
Days on MarketListed Today
Taxes$2,148 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1938
Lot Size0.24 AC / 10,454 SF
CountyHinds County

Location

Listing Courtesy of Vesica Real Estate LLC
Add your commute

Building Information for 851 Madison Street

Stories-Residences2Year Built1938Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$1,066 per month

30 year fixed, 6.15% Interest

Principal and Interest

$887

Property Taxes

$179

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 851 Madison Street

Summary
Location and General Information
  • Directions: From Fortification St. via I-55, turn left onto Madison St. continue down past the intersection of Bellevue, subject property is on the right, just before Belhaven Springs (a red, brick multifamily complex).
  • Fencing: Wood
  • Subdivision Name: Belhaven
  • Latitude: 32.31
  • Longitude: -90.17
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: 69 FT W/S MADISON ST X 160 FT E & W S OF 10 FT ALLEY BEG 160 FT S OF BOYD ST IN 5 A LOT 9 N J
  • Tax Year: 2025
  • Tax Annual Amount: $2,147.52
  • Tax and Financial Information:Tax Annual Amount: $2,147.52
  • 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:Sold In Previous 12 Months: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: 69 FT W/S MADISON ST X 160 FT E & W S OF 10 FT ALLEY BEG 160 FT S OF BOYD ST IN 5 A LOT 9 N J
Parking
  • Parking Features: On Site, On Street
  • Garage Spaces: 3.00
  • Attached Garage: No
  • Parking Features:On Site: Yes
  • Parking Features:On Street: Yes
School Information
  • Elementary School: McLeod
  • High School: Murrah
  • Middle Or Junior School: Bailey APAC
  • District High School: Jackson Public
Property
Lot Information
  • Lot Size Acres: 0.24
  • Year Built Source: Public Records
  • Lot Features: Front Yard
  • Structure Type: Multi Family
  • Living Area Source: Owner
  • Building Area Total: 2400.0
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10454.4
  • Waterfront Features:Waterfront: No
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Res Income Multi-Fam
  • Year Built: 1938
  • General Property Information:New Construction: No
  • General Property Information:# of Units Included in Sale: 2.00
  • General Property Information:Approx Lot Size Acres: .24
  • General Property Information:SqFt Source: Owner
  • General Property Information:Year Built Source: Public Records
  • General Property Information:Garage Spaces: 3.00
  • General Property Information:Total Floors: 2.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Furnished: No
  • General Property Information:School District: Jackson Public
  • General Property Information:Elementary School: McLeod
  • General Property Information:Elementary School 2: N/A
  • General Property Information:Intermediate School: N/A
  • General Property Information:Middle or Junior School: Bailey APAC
  • General Property Information:High School: Murrah
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Cable Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt Shingle
  • Construction Materials: Clapboard
  • Foundation Details: Conventional
  • Exterior Features: Other, See Remarks
  • Patio And Porch Features: Deck
  • Security Features: Smoke Detector(s)
Interior Features
  • Flooring: Carpet, Linoleum, Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Appliances: Built-In Refrigerator, Gas Water Heater, Oven, Refrigerator, Water Heater
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 851 Madison Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Price Change

GCAOR MLS #4137957

$182,000
Feb 2, 2026

Listed (Active)

GCAOR MLS #4137957

$165,000
Nov 29, 2006

Sold

GCAOR MLS #1163011

Nov 29, 2006

Contract Signed

GCAOR MLS #1163011

Aug 15, 2006

Listed (Active)

GCAOR MLS #1163011

$100,000
DateEvent & SourcePrice
02/02/2026

Price Change

GCAOR MLS #4137957

$182,000
02/02/2026

Listed (Active)

GCAOR MLS #4137957

$165,000
11/29/2006

Sold

GCAOR MLS #1163011

11/29/2006

Contract Signed

GCAOR MLS #1163011

08/15/2006

Listed (Active)

GCAOR MLS #1163011

$100,000

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

Public Records for 851 Madison Street

Taxable ValueLand$4,500Additions$6,194Total$10,694
Tax Record2024$2,132 ($178 / month)
Home Facts
Total Finished SqFt2,359 SqFtAbove Grade Finished SqFt2,359 SqFtStories2Lot Size10,407 SqFtStyleSingle Family ResidenceYear Built1938CountyHINDSAPN0022 0015 000Fireplace TypeHas Fireplace

Schools near 851 Madison Street

This home is within Jackson Public School Dist.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Barack H Obama Elementary School
PublicK to 5

Bailey Middle APAC
Public6 to 8

Murrah High School
Public9 to 12

Power Apac School
Public4 to 5

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

Similar Sold Homes

851 Madison Street is a multi-family home for sale in Jackson, MS 39202. This property was listed for sale on February 2, 2026 by Vesica Real Estate LLC, it's currently listed at $182,000. It has been on the market for a total of 0 days and was last sold on November 29, 2006. This listing's school district is Jackson Public School Dist. Nearby schools include Barack H Obama Elementary School, Bailey Middle APAC and Murrah High School. 851 Madison Street is a 4-bed, 2-bath, 2,400 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vesica Real Estate LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.