$1,005,000
Tupelo, MS 38804
MLS# 26-3331
2 beds | 1 baths | 1008 sqft
1 / 27
Property Description
Unique investment opportunity within walking distance of Elvis Presley Birthplace, featuring four homes and a total of 18 lots, all being sold together as one package! Three of the homes are currently tenant occupied and already generating rental income, offering an excellent opportunity for an investor looking to expand their portfolio. With 18 total lots included, the property also offers potential for future development or a small subdivision, subject to buyer verification and any required approvals. The package includes properties located at 1200, 1210, 1230, 1250, and 1268 Reese Street. 1200 Reese Street consists of vacant land with a lot size of approximately 50' x 300'. 1210 Reese Street features a 1,008 sq. ft. home built in 1938 and situated on approximately 100' x 280'.
Details
Documents
Contract Information
Directions: From East Main St, turn left onto N. Veterans Blvd. Turn right onto Reese St. Home will be on the left.
Vacant: N
Lease Purchase: No
HOA/ Other Required Fees: No
Current Price: $1,005,000
Status: Active
Begin Date: 2026-09-04
List Price: $1,005,000
General Property Description
Realtor.COM Type: Single Family Home
1st Floor SqFt: 1008
Style: Traditional
2nd Floor SqFt: 0
Lot Size Dimensions: 50x150
Basement SqFt: 0
Lot Acres: 0
Year Built: 1938
3rd Floor SqFt: 0
Waterfront: No
Stories: 1
Total Rooms: 6
Total Bedrooms: 2
Total Bathrooms: 1
Garage Type: None
Carport: None
School District: Tupelo Public School
Book Section: Residential
Total SqFt.: 1008
Total Full Baths: 1
Location, Tax & Legal
Zoning: Residential
Total Taxes: 998.31
Legal: Inst #-2024012906
Tax Parcel Number: 088J-33-046-01
PPIN: 012284
Flood Zone: No
Homestead: No
Area: Southeast Tupelo
House Number: 1230
Street Name: Reese(1200/1210/1250/1268)
Street Suffix: St.
State/Province: MS
Postal Code: 38804
County: Lee
Subdivision: None
Property Features
Supplements
The package includes properties located at 1200, 1210, 1230, 1250, and 1268 Reese Street. 1200 Reese Street consists of vacant land with a lot size of approximately 50' x 300'. 1210 Reese Street features a 1,008 sq. ft. home built in 1938 and situated on approximately 100' x 280'.
1230 Reese Street features a 1,008 sq. ft. home built in 1938, situated on approximately 50' x 150', and includes a double detached carport. 1250 Reese Street features a 976 sq. ft. home built in 1938 and situated on approximately 100' x 280'. 1268 Reese Street features a 1,044 sq. ft. home built in 1938 and situated on approximately 150' x 280'.
With four homes, existing rental income, additional vacant land, and a total of 18 lots, this package offers multiple possibilities for an investor looking for income producing properties with future development potential. All properties are being sold together as one package and are zoned for mixed-use. 1250 and 1268 are on TVHRA and rents for $850 a month. 1210 is paid weekly and rents for $325 a week. Schedule your showing today!
PCDS-1230 
Listing Office: COLDWELL BANKER SOUTHERN REAL ESTATE
Last Updated: September - 08 - 2026
Information deemed reliable but not guaranteed.