509 E  Lorenz Blvd, Jackson, MS 39216
Property image
Property image
OFF MARKET

509 E Lorenz Blvd
Jackson, MS 39216

Fondern-Cherokee Heights
  • 6 Beds
  • 4 Baths
  • 1,485 sqft

$124,200

Trulia Estimate
as of Aug 14, 2026

$124,200

Trulia Estimate
as of Aug 14, 2026
6 Beds
4 Baths
1,485 sqft

Home Value

Trulia Estimate
$124K
Since last month
Decreased$2K (-1.9%)
Since last year
Decreased$16K (-11.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -9% in the last 10 years
MonthEstimated value
2026
August 2026$124K
July 2026$124K
June 2026$127K
May 2026$121K
March 2026$121K
February 2026$120K
January 2026$128K
2025

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
0.17
Multi-Family Home
-
04/06/26
5
2
1,610
0.62
Multi-Family Home
-
09/18/25
8
4
4,666
0.59
Multi-Family Home
-
01/09/26
8
4
4,435
0.80
Multi-Family Home
-
04/15/26
5
3
2,297
0.50
Multi-Family Home
-
07/29/26
2
2.5
1,343
0.89
Multi-Family Home
-
03/04/26
2
3
1,900
1.25
Multi-Family Home
-
10/10/25
4
2
1,740
1.63
Multi-Family Home
-
06/17/26
4
2
1,739
1.53
Multi-Family Home
-
10/29/25
3
2
1,891
1.27
Multi-Family Home
-
02/27/26
2
1
1,866

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
0.03
$146,100
3
1
1,253
Off Market
0.08
$147,000
2
2
1,168
Off Market
0.09
-
2
1.5
1,003
Recently Sold
0.17
$264,600
7
6
4,000
Off Market
0.17
-
5
2
1,610
Recently Sold
0.19
$80,200
2
2
1,296
Off Market
0.21
$54,900
3
2
1,396
For Sale
0.23
$823,100
12
12
6,624
Off Market
0.22
$109,900
3
1.5
1,261
For Sale
0.24
$168,300
3
2
1,440
Off Market
0.27
$153,900
4
-
-
Off Market

Local Information

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Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1955
Living Area
1,485 sqft
Price/Sqft
$84
Parking
Open Parking

About this House

This as-is quadplex offers incredible potential for portfolio growth, situated in the desirable Fondren area of Jackson, MS. Currently 25% occupied with the existing tenant paying $825 monthly, the property features two spacious 2-bed, 1-bath units on the top floor and two 1-bed, 1-bath units on the bottom floor. Ready for an investor who sees the value in transforming this space and increasing occupancy - Selling as-is, this property is ideal for an investor looking to add value and expand their portfolio. Don't miss out on the potential of this prime location!''
509 E Lorenz Blvd, Jackson, MS 39216 is a 6 bedroom, 4 bathroom, 1,485 sqft multi-family in Fondern-Cherokee Heights, built in 1955. It last sold for the $150,000 asking price on Mar 28, 2025. It is currently off market. The Trulia Estimate is $124,200, with a rent estimate of $1,141/month.

Home Details for 509 E Lorenz Blvd

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 1485 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Water AvailableAppliances: Gas Cooktop, RefrigeratorRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood, Tile

Exterior Features

Exterior Home Features
Roof: Architectural ShinglesFencing: Back YardExterior: NoneFoundation: SlabNo Private Pool
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Driveway
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family Residence, Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family
Building
Construction Materials: Cedar, SidingNot a New Construction
Property Information
Parcel Number: 00510016000

Price & Status

Price
List Price: $150,000
Status Change & Dates
Off Market Date: Thu Feb 06 2025

Location

Direction & Address
City: JacksonCommunity: Fondren
School Information
Elementary School: Davis MagnetJr High / Middle School: Bailey APACHigh School: Murrah

Building

Building Area
Building Area: 1485 Square Feet

Lot Information

Lot Area: 8712 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 4096496
Last check for updates: about 13 hours ago
Listed by Timothy Orey, (601) 983-6356
Arx Point Realty, LLC
Bought with: LeKeita Braddy, (601) 910-9390, Bradmoore Realty
Source: MLS United, MLS#4096496

Price and Tax history

DateEventPrice
Mar 28, 2025
Source: MLS United #4096496
Sold
--
Feb 7, 2025
Source: MLS United #4096496
Pending
$150,000
Jan 21, 2025
Source: MLS United #4096496
PriceChange
$150,000
Price decreased by 6%
Jan 2, 2025
Source: MLS United #4096496
PendingToActive
$160,000
Nov 26, 2024
Source: MLS United #4096496
Pending
$160,000

Market trends in Jackson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$143K
$2K
MoM
Sale-to-List Price
96.8%
0.4%
MoM
Price per sq ft
$85
$1
MoM
Available listings
739
8
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fondern-Cherokee Heights

At least 28 Trulia users voted on each feature.
  • 94 % Say parking is easy

  • 91 % Say car is needed

  • 87 % Say it's dog friendly

  • 84 % Say it's walkable to restaurants

  • 79 % Say yards are well-kept

  • 78 % Say it's walkable to grocery stores

  • 68 % Say kids play outside

  • 67 % Say neighbors are friendly

  • 59 % Say there's holiday spirit

  • 55 % Say there are community events

  • 41 % Say they plan to stay for at least 5 years

  • 39 % Say there's wildlife

  • 36 % Say streets are well-lit

  • 33 % Say there are sidewalks

  • 32 % Say it's quiet

  • 29 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Cricket McIlwaine
    "I don’t let my kids ride bikes on the street because of speeding traffic but I do walk 1.35 miles to work every day. We have great sidewalks!"
  • John Ferguson
    "City bud does run but bud stop is usually near University med center hospital onnzstate street. Wouldn’t walk after dark. Very high, bad crime area. Frequently hear gunshots."
  • Gr80
    "Please be CAUTIOUS of reckless/distracted drivers. Capital police respond much quicker than Jackson PD. "
  • Trulia User
    "We can walk to the theater, bowling alley, restaurants, and stores. Well lit sidewalks. Every First Thursday there is a neighborhood block party where businesses stay open later and have live music in the street. "
  • Trulia User
    "Fondren is funky and fun. Every house is different..no cookie cutter homes here. Great area for artists with street festivals in walking distance. "
  • Trulia User
    "There are several pit bulls in our neighborhood but we haven’t had problems in many years. Sidewalks that we have are well maintained. Lots of people run, bike, and walk dogs. "
  • Jimmy S.
    "They do not have a problem with a dogs or cats in my neighborhood and there very friendly to people."
  • Jlrh1342 4. c.
    "Most people are friendly, events happen often in the fondren business district. Usually it's quiet. "
  • Jason
    "Schools are horrible and private ones are unaffordable. Streets are horrid so we have the highest property taxes. "

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Homes for sale near 509 E Lorenz Blvd

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Off Market Homes Near 509 E Lorenz Blvd

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Frequently asked questions about 509 E Lorenz Blvd

  • What is 509 E Lorenz Blvd estimated to be worth?
    Trulia's estimated value for 509 E Lorenz Blvd in Jackson, MS is $124,200.
  • What is the price history for 509 E Lorenz Blvd?
    509 E Lorenz Blvd in Jackson, MS last sold in March 2025.
  • Is Jackson a buyer's or seller's market?
    Jackson is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Jackson?
    The median sale price in Jackson is $143K. That is down $2K from the prior month.
  • Does 509 E Lorenz Blvd have air conditioning?
    Yes, 509 E Lorenz Blvd in Jackson, MS has air conditioning.
  • Does 509 E Lorenz Blvd have parking?
    Yes, 509 E Lorenz Blvd in Jackson, MS has on-site parking.
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.