# 197 Anchorage Rd, Oxford, MS 38655

> **TL;DR:** land, $650,000. Est. $3,477/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Lot Size | 44,867 sqft (1.03 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,287 |
| Estimated Insurance | $190 |
| **Total** | **$3,477** |

## Property Highlights

- 1.03 acre lot

## Description

### Agent Description
Fully Entitled Multifamily Development Opportunity - Oxford, MS. Rare opportunity to acquire a fully entitled 1-acre multifamily development site just minutes from the University of Mississippi. Located on Anchorage Road north of Anderson Road, this highly desirable location offers convenient access to campus, retail, dining, and Oxford's strongest rental market. The property includes permit-ready, fully approved development plans, allowing a buyer to move directly toward construction while avoiding the time and expense of the entitlement process. The thoughtfully designed project maximizes bedroom count without compromising quality, delivering an attractive, upscale product designed to meet strong student and workforce housing demand. An ideal opportunity for developers looking to enter or expand within the thriving Oxford/Ole Miss market with minimal development risk and a streamlined path to completion.

## Location

- **Address:** 197 Anchorage Rd, Oxford, MS 38655
- **County:** LAFAYETTE
- **Coordinates:** 34.37195237, -89.56304697
- **Google Maps:** https://www.google.com/maps?q=34.37195237,-89.56304697

## Listing Agent

- **Name:** Wil Matthews
- **Brokerage:** Matthews Real Estate
- **Phone:** 6628321266

## Primary Photo

![197 Anchorage Rd - Primary Photo](http://lh.rdcpix.com/57c9cf900ff13b8bb783cce8c950d45bl-f4056803551r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.ai/listing/197-anchorage-rd-oxford-ms-38655-s167998)*

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**MLS#:** 167998 | **Updated:** 2026-08-02
**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/197-anchorage-rd-oxford-ms-38655-s167998)

---

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