438/440 N Spring St, Tupelo, MS Investor duplex just steps from downtown Tupelo. Two units, each 2 bed / 1 bath, currently occupied. Covered front porch, side-by-side layout, and a location that makes renting easy -- close to Fairpark, The Farmers Market, downtown shops, Huntington Bank Arena, and everyday conveniences. Solid cash-flow play with tenants already in place.
Park Hill, located between Downtown Tupelo and the Elvis Presley Birthplace area, is a residential and historic Tupelo neighborhood with tree-lined streets and mid-century ranch homes. The neighborhood’s character concentrates around North Gloster Street near Main Street, where local storefronts, coffee counters, and lunch spots set a steady daytime rhythm. GumTree Museum of Art and Tupelo Community Theatre act as cultural pillars with rotating exhibits and live performances. Nearby, the Tupelo Automobile Museum adds a distinctive, design-forward stop. Sidewalks and pocket greens shape a walkable feel, while quick drives connect to parks and the BancorpSouth Arena for concerts and events.
Provided by Walk Score and Local Logic
Market insights
438/440 N Spring St · $195,000
LIST PRICE
$195,000
Median list price in this area is $192,783. (1% lower than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
No interior details provided
Exterior features
Lot of approximately 0.17 acres
Zoned for multi-family use
Home design
Multi-family residential income property
Financial info
Annual property tax approximately $929.62
Other
Directions: From West Main St, turn left onto N Front St. Turn left onto W Franklin St, then turn right onto N Spring St. The property is on your right.
Electricity and solar
View estimated energy costs and solar savings for this home
Investment opportunity under $120k? You got it! This duplex offers 2 units - both 2 bedroom 1 bathroom in the heart of Tupelo. Units are occupied with renters on lease. Call today & let's go see it!
Public Records
Dec 5, 2018
Sold
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Year
Property tax
Land + Additions
Assessment*
2025
$930 (+1.5%)
2024
$916 (+21.0%)
2023
$757 (+1.9%)
2022
$743
2021
$743
2020
$743 (+13.6%)
2019
$654
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
—
Lot width
55 ft.
Lot depth
147 ft.
Lot size
7,493 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,264
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,264
Year built
1936
Style
Single Family Residential
County
Lee County
APN
089K-31-096-01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Oct 16, 2026.
MUR
Mixed-Use Residential District
The objective of the Mixed-Use Residential District is intended to provide opportunities for new development and redevelopment in existing well-connected, centrally located neighborhoods. MUR standards will allow a diverse range of housing that is compatible with existing development patterns. A range of residential housing types may be permitted and will be the majority of new development, including detached single-family houses, duplexes, patio homes, townhomes, live/work units, or apartments. Some small scale commercial uses may be allowed on larger streets if the buildings are scaled to the neighborhood and the uses are those that are compatible with the neighborhood. These could include a church, small boutique clothing store, doctor’s office, day care center, coffee shop, or dry cleaner. The MUR district is intended to accommodate new growth in areas near activity centers and major streets and to allow for a vertical or horizontal mix of uses on sites. All new development andredevelopment will be pedestrian-oriented and shall be accessible via local streets to parks, schools, and nearby commercial centers. Development will be designed so that its form, height, and proportion are compatible with existing adjacent development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Bed & breakfast
Mixed use building
Library
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Tupelo, MS • 38804
Average low and high temperatures (°F)
50
30
61
38
73
49
79
57
80
63
88
71
92
75
89
70
87
65
78
54
68
47
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 438/440 N Spring St
There isn’t enough information to generate an accurate estimate at this time. Learn More