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402 Lexington Ave
Single Family
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$29,999

$25/sqft

402 Lexington Ave, Jackson

96% below median
3 bd·2 ba·1,220 sqft
7,841 sqft lot

402 Lexington Ave, Jackson, MS

3 bd · 2 ba · 1,220 sqft Single Family listed at $29,999.

About this home

Investment Opportunity! Tenant-occupied fixer-upper. Property needs rehab and cosmetic updates but offers immediate rental income while you plan improvements. Ideal for investors looking to add value through renovation and increase future cash flow. Tenant currently in place - lease details available upon request. Great opportunity for buy-and-hold investors or value-add portfolios.

What it's like to live here

AI

Listed by

James Phillips

W Real Estate LLC

Property details

Price
$29,999
Bedrooms
3
Bathrooms
2
Interior
1,220 sqft
Price / sqft
$25
Lot size
7,841 sqft
Type
Single Family
Days on market
79
Est. property tax
$237/yr · $20/mo · 0.79% MS avg

Estimated monthly payment

Down payment20% ($6,000)
Interest rate6.75%
Principal & Interest$156
Property Tax$27
Insurance$150
Total$333/mo

Can I afford this?

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Price history

25%Most recent change on 2026-05-16: $39,999$29,999.

$70K$48K$26K$66K on Mar 26 (Initial list)$55K on Mar 26 (Price change)$50K on Apr 26 (Price change)$40K on Apr 26 (Price change)$30K on May 26 (Price change)
$66K · Mar 26$30K · May 26
  1. May 16, 2026$29,999Price change
  2. Apr 28, 2026$39,999Price change
  3. Apr 14, 2026$49,999Price change
  4. Mar 27, 2026$55,000Price change
  5. Mar 4, 2026$66,000Initial list price

Location

This home is located in Jackson, MS, in the Jackson Hole area. Browse more Jackson listings on the Jackson market page or explore the full Jackson market report.

About Jackson: Jackson is the capital and most populous city of the U.S. state of Mississippi. The city sits on the Pearl River and is located in the greater Jackson Prairie region of Mississippi. Along with Raymond, Jackson is one of two county seats for Hinds County. The city had a population of 153,701 at the 2020 census, a decline of 11.42% from 173,514 since the 2010 census, representing the largest decline in population during the decade of any major U.S. city. The Jackson metropolitan area is the largest metropolitan area located entirely in the state and the tenth-largest urban area in the Deep South, with 592,000 residents in 2020. (source: Wikipedia)

Climate: Average year-round temperature is 67°F with 206 dry days per year and 51.9 inches of annual rainfall.

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