$647,500

500 Franklin Street, Natchez, MS 39120

  • 5 beds |
  • 4 baths |
  • 5,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $118/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Own a piece of history in the heart of downtown Natchez with this stunning multi-use building, built in 1890 and filled with original architectural details. Upstairs features two spacious residential units—one a luxurious 2BR/2.5BA with intricate plaster work, ornate interior columns, gold gilded accents, gas stove, and fabric wallpapered half bath. The second 2BR/2BA unit has a chic warehouse vibe, both with soaring ceilings, original strip wood floors, massive original windows with views of Franklin and Commerce, and heavy wood doors. The grand foyer boasts marble floors, an elevator, and wide plank original stairs. Downstairs includes a flexible 1BR/1BA unit perfect as a residence, office, or boutique. A separate large commercial space is ready for renovation with tons of potential. Original plasterwork, cornices, and crown molding add to the building's grandeur. A rare opportunity to invest in downtown Natchez with residential, commercial, and historical value. Roof replaced in 2025. Property is approved for the Balcony Initiative—should be completed in 2026. Historic Tax Credits still available! All measurements and information is approx., buyers should verify.

Listing Status:
Active
Date Added:
May 18, 2025 at 05:00AM
Listing Office:
River Park Realty : 318-336-7771
Listing Agent:
Shannon Melton : 601-431-8575
MLS ID:
4113696
  • General: Ceiling Fan(s)ElevatorBuilt-in FeaturesHigh CeilingsCrown MoldingWalk-In Closet(s)Entrance FoyerGranite CountersHis and Hers ClosetsOpen Floorplan
  • Appliances: MicrowaveDishwasherBuilt-In Electric RangeGas RangeRange
  • Laundry: InsideIn Unit
  • Flooring: CarpetMarbleWood
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central

This listing courtesy of Shannon Melton, River Park Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joseph L Frazier Elementary School

1445 George F West Sr Blvd, Natchez, MS, 39120

Grades KG-5

1.61 miles away

C

Central School

208 Lynda Lee Dr, Natchez, MS, 39120

Grades 7-12

1.90 miles away

C

Central School

208 Lynda Lee Dr, Natchez, MS, 39120

Grades 7-12

1.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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