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628 E MAGNOLIA STREET

Multi-family For Sale
$285,000

BTC: 3.39285714

ETH: 107.54716981

-$14K (2026/09/14)
69 days
0 room(s)
1,140 sqft

Overview

Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
0.33 Acres
Heating:
Central
Price/sqft:
$250
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,140
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • L Dining

    • Ninguno

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 253724001205400010

    • Zoning: R-1C

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $4,140

  • Source details

    • MLS ID: A4700298

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Outside

    • Living Area: 1140

    • Water Source: Public

    • Subdivision Name: A W GILCHRIST RESUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RMZ REALTY INC.