1417 Memphis St, Hernando, MS 38632
OFF MARKET

1417 Memphis St
Hernando, MS 38632

  • 3 Beds
  • 2 Baths
  • 1,300 sqft (on 0.50 acres)
3 Beds
2 Baths
1,300 sqft
(on 0.50 acres)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4683 Belmont Rd, Hernando, MS
0.01
Single-Family Home
-
09/26/25
4
2
1,800
126 Colonial Dr, Hernando, MS
0.44
Single-Family Home
-
06/30/26
4
2
1,924
4411 Hunter Cv, Hernando, MS
0.50
Single-Family Home
-
07/27/26
5
3
3,150
537 Vinson Rd, Hernando, MS
0.58
Single-Family Home
-
02/27/26
5
3
2,888
5083 McCracken Rd, Hernando, MS
0.83
Single-Family Home
-
06/03/26
3
2
2,276
809 Green Acres Dr, Hernando, MS
0.82
Single-Family Home
-
04/30/26
3
2
2,750
5525 Belmont Rd, Hernando, MS
0.93
Single-Family Home
-
09/12/25
4
3
1,928
187 Magnolia Gardens Dr, Hernando, MS
1.37
Single-Family Home
-
04/29/26
4
2
1,800
255 Magnolia Gardens Dr, Hernando, MS
1.38
Single-Family Home
-
01/30/26
4
2
1,800
244 Magnolia Gardens Dr, Hernando, MS
1.40
Single-Family Home
-
05/06/26
4
2
1,871

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4683 Belmont Rd, Hernando, MS 38632
0.01
$350,000
4
2
1,800
For Sale
4616 Highway 51 S, Hernando, MS 38632
0.14
$354,700
4
2
2,100
Off Market
4858 North St #51, Hernando, MS 38632
0.23
$253,500
3
2
1,837
Off Market
Belmont Rd #9, Hernando, MS 38632
0.35
-
-
-
-
Off Market
5072 Belmont Rd, Hernando, MS 38632
0.36
$776,300
5
3.5
4,283
Off Market
S US Highway 51, Hernando, MS 38632
0.34
-
-
-
-
Off Market
5073 Highway 51 S #1, Hernando, MS 38632
0.39
-
-
-
-
Off Market
5093 Highway 51 S #2, Hernando, MS 38632
0.43
$250,000
-
-
-
For Sale
5113 Highway 51 S #3, Hernando, MS 38632
0.44
-
-
-
-
Off Market
126 Colonial Dr, Hernando, MS 38632
0.44
-
4
2
1,924
Recently Sold
5127 Highway 51 S #5, Hernando, MS 38632
0.45
-
-
-
-
Off Market
5123 Highway 51 S #4, Hernando, MS 38632
0.45
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1417 Memphis St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.5 acres
Living Area
1,300 sqft

About this House

FOR SALE BY OWNER — Residential/Office Zoned Property — Hernando, MS

1,300 sq ft permitted home on 0.50 acre lot with Residential/Office zoning.
Located directly across from commercial buildings — ideal for office, salon, boutique, studio, or small business use.
Property sold AS-IS. Additional 300 sq ft bonus area is unpermitted and not included in the official square footage.

This property offers both a home and office/business space in one location, with strong future commercial potential.

---

Why the Asking Price Is $500,000
Commercial properties in this area with similar visibility, lot size, and zoning potential routinely sell for $450,000 to $600,000.
This property sits directly across from established commercial buildings and already carries Residential/Office zoning, making it uniquely positioned for future commercial conversion.

A buyer is not just purchasing a residence — they are purchasing:

- A home
- An office
- A business location
- A half-acre lot in a commercial corridor
- A property with $450k–$600k commercial upside

The asking price reflects the true market value of the location and its commercial potential.

---

Key Features
- Zoned Residential/Office (commercial potential)
- Half-acre lot in a high-visibility corridor
- Ideal for home-based business or full office use
- Additional unpermitted 300 sq ft bonus area
- Owner financing available with acceptable down payment
- Buyer may NOT apply for commercial zoning until loan is paid in full
- No occupancy or alterations before closing
- Property sold AS-IS

---

Price & Terms
Asking Price: $500,000

Down Payment: $50,000 – $75,000 (10–15%)
Interest Rate: 8.5% – 9.5%
Loan Term: 30 years
Estimated Monthly Payment: $3,300 – $3,900

These terms reflect the fact that the buyer is acquiring a home, an office, and a property with significant commercial value.

---

Buyer Requirements
- Serious inquiries only
- Proof of funds or pre-approval required
- Must agree to zoning restriction clause until loan is paid in full

1417 Memphis St, Hernando, MS 38632 is a 3 bedroom, 2 bathroom, 1,300 sqft single-family home built in 1964. It is currently off market. The Trulia Estimate rent is $1,714/month.

Home Details for 1417 Memphis St

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.50 acres

Market trends in Hernando

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$360K
$15.83KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$166
$1MoM
Available listings
148
12MoM

Around this home

What Locals Say about Hernando

At least 103 Trulia users voted on each feature.

  • 90 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 85 % Say car is needed

  • 85 % Say there's holiday spirit

  • 82 % Say parking is easy

  • 80 % Say kids play outside

  • 76 % Say people would walk alone at night

  • 75 % Say it's quiet

  • 60 % Say streets are well-lit

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 53 % Say there are sidewalks

  • 50 % Say there's wildlife

  • 33 % Say there are community events

  • 29 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Psnow
    "Wonderful and people should move here. A good place for kids. Good schools and counselors. I don’t know much more to say."
    0
    Flag
  • Josh scott
    "Lots of places to take your dog out and let them run and play. Lots of dog owners take them out to the square etc. plenty of groomers and cleaners to maintain good health for your babies"
    0
    Flag
  • Kinneydarrell
    "The people are very nice and helpful towards each other willing to with given any situation it’s very family oriented in this town"
    1
    Flag
  • Dls2u
    "It’s becoming far too over grown. Doesn’t have infrastructure in place to support the growth. It no longer has the small town community feel... with the growth is coming an increase in the crime rate. "
    0
    Flag
  • Scott
    "Very few events. Local farmers market and one art festival is about it. The High School band is about the biggest claim to fame."
    5
    Flag
  • Ac C.
    "I’ve lived in this neighborhood for seven years and really like the area and neighbors. Easy access to I-55. "
    3
    Flag
  • Kenzie2013
    "I’ve lived here for over 10 years. We were one of the first houses here. I know most of my neighbors and feel comfortable walking in the neighborhood, receiving packages, etc. "
    0
    Flag
  • Cara K.
    "Great area for children to grow and get an excellent education. Loving small town with great stores. "
    0
    Flag
  • Lockwood
    "Everybody is very friendly this includes the fur babies my kids love petting the dogs and they’re courteous clean up after their dogs and always on a leash "
    1
    Flag
  • Lisa C.
    "Great schools, nice, clean area.... all shopping is very close by—- without the wait as in several other areas. The community is a very well kept area and many new homes and subdivision are up and building."
    5
    Flag
  • Shana H.
    "Hernando is a great place to live!! I enjoy our neighborhood and neighbors in the area. Everyone is so nice and friendly."
    1
    Flag
  • Shana H.
    "We love it in Hernando - it’s a Greta place to live! I’ve lived here most of my life and plan to live here for years to come!"
    1
    Flag
  • Megan M.
    "We have a lot of community events, 5K runs, Farmer's Market during the season, several very good restaurants and ice cream joints where people gather for fellowship, and active churches with annual activities for families."
    0
    Flag
  • Scooby31694
    "The best schools! Safe area. I loved living here so much as a kid, I bought a house here. You can’t beat it. "
    1
    Flag
  • Shana H.
    "I’ve lived in Hernando / neighborhood for 4 years - we have made it our home? We love it ....... it’s"
    1
    Flag
  • Shana H.
    "Great area!! Good neighborhood and love the friendly neighborhood.... we are currently in the process of our HOA"
    2
    Flag
  • john
    "A WONDERFUL PLACE TO LIVE. Great schools and activities for kids "
    0
    Flag
  • Terri C. E.
    "I've lived in Hernando for 10 years now, and I love it. Perfect place to raise a family."
    1
    Flag
  • kevin k.
    "I moved to Hernando in 2008 and I love it. Great schools for the kids and its only 20 minute driving distance from downtown Memphis."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1417 Memphis St

  • Is Hernando a buyer's or seller's market?
    Hernando is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Hernando?
    The median sale price in Hernando is $360K. That is down $15.83K from the prior month.
  • What do residents say about Hernando?
    Residents describe Hernando, MS as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Hernando, MS.
  • What are the closest schools to 1417 Memphis St?
    The closest schools to 1417 Memphis St in Hernando, MS are Hernando High School (rated 9/10), Hernando Hills Elementary School (rated 9/10), Hernando Middle School (rated 9/10).
  • How big is the lot at 1417 Memphis St?
    The lot at 1417 Memphis St in Hernando, MS is about 0.50 acres (21,780 sq ft).

Explore by feature - Pet Friendly

13 pet-friendly rentals in Hernando, MS

Explore by feature - Garage

14 rentals with a garage in Hernando, MS

Explore by feature - Air Conditioning

8 rentals with air conditioning in Hernando, MS

Explore by feature - Washer/dryer

9 rentals with a washer/dryer in Hernando, MS

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1417 Memphis St

Skip to last item
Skip to first item

Homes for sale near 1417 Memphis St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item