# 1600 Oxford Place, Oxford, MS 38655

> **TL;DR:** residential multi family, $15,950,000 ($15485/sqft), built 1989, 1,030 sqft.
> A/C. Est. $85,304/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $15,950,000 |
| Price/sqft | $15485 |
| Square Feet | 1,030 |
| Year Built | 1989 |
| Lot Size | 239,580 sqft (5.50 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 69 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $80,652 |
| Estimated Insurance | $4,652 |
| **Total** | **$85,304** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1989
- 5.50 acre lot

## Description

### Agent Description
Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.

## Location

- **Address:** 1600 Oxford Place, Oxford, MS 38655
- **County:** LAFAYETTE
- **Coordinates:** 34.360227, -89.5153665
- **Google Maps:** https://www.google.com/maps?q=34.360227,-89.5153665

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/1600-Oxford-Place-Oxford-MS-38655/unbranded

## Listing Agent

- **Name:** Tim Phillips
- **Brokerage:** CRYE LEIKE Oxford Real Estate
- **Broker Phone:** (662) 234-9868
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1600-Oxford-Pl_Oxford_MS_38655_M93609-11587?f=listhub&s=NCMRMS&m=168291&c=propsimple)

## Photos

![1600 Oxford Place - Photo 1](http://lh.rdcpix.com/47b94e89917dbafbef0957b0f6cc83aal-f2055494330r.jpg)

![1600 Oxford Place - Photo 2](http://lh.rdcpix.com/47b94e89917dbafbef0957b0f6cc83aal-f2472123063r.jpg)

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![1600 Oxford Place - Photo 55](http://lh.rdcpix.com/47b94e89917dbafbef0957b0f6cc83aal-f3721480128r.jpg)

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![1600 Oxford Place - Photo 68](http://lh.rdcpix.com/47b94e89917dbafbef0957b0f6cc83aal-f4283147041r.jpg)

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![1600 Oxford Place - Photo 70](http://lh.rdcpix.com/47b94e89917dbafbef0957b0f6cc83aal-f549542717r.jpg)

---

**MLS#:** 168291 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1600-oxford-place-oxford-ms-38655-cabff2addcd749809f286567064492de)

---

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