1600 Oxford Place, Oxford, MS 38655
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MLS# 168291 | Property Type: Residential-Income | Status: Active

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Overview:

Price:

$15,950,000

Beds:

5

Baths:

N/A

SqFt:

1,030.00

Built:

1989

Schools:

Oxford

Description:

Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.

Location:

+

Address:

1600 Oxford Place, Oxford, MS 38655

Area:

East

City:

Oxford

County:

Lafayette

Subdivision:

N/A

Schools:

Oxford

Zip:

38655

Interior:

+

Appliances:

Group A(Stove,Refrigerator,Dishwasher,Microwave,Disposal,Range-Electric,Washer/Dryer), Group B(Stove,Refrigerator,Dishwasher,Microwave,Disposal,Range-Electric,Washer/Dryer), Group C(Stove,Refrigerator,Dishwasher,Microwave,Disposal,Range-Electric,Washer/Dryer), Group D(Stove,Refrigerator,Dishwasher,Microwave,Disposal,Range-Electric,Washer/Dryer), Electric Water Heater

Bathrooms Full:

N/A

Bathrooms Total:

N/A

Bedrooms Total:

5

Flooring:

N/A

Fireplace:

N/A

Laundry:

Individual Laundry

Additional Features:

N/A

Exterior / Lot:

+

Additional Structures:

N/A

Garage / Carport:

N/A

Lot Size:

5.50 Acres

Patio / Porch:

N/A

Parking Features:

Assigned, On Street

Pool:

N/A

Road Surface:

N/A

Roofing:

N/A

Zoning:

SUBDIVISION COVENANT

Notes:

N/A

Architecture:

+

Property Sub Type:

Multi Family

Exterior:

Wood Siding

Roof:

Metal

Foundation:

Slab

Utilities:

+

Cooling:

Electric

Heating:

Central,Electric

Water:

Public

Sewer:

Public Sewer

Electric:

N/A
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