628 E MAGNOLIA STREET, Arcadia, DeSoto, Residential Income

628 E MAGNOLIA STREET

MLS# A470029874 days on marketUpdated October 6, 2026 7:38 pm

$ 250 / sqft

$ 284,930

Reduced from $ 299,000

Overview

UpdatedOctober 6, 2026 7:38 pm
MLS #A4700298
Bedrooms0
Size1,140 ft²
Year Built1946

Description

Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport.

The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential.

Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads.

Don't miss this one-of-a-kind offering!

Virtual Tour

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Interior

  • Bathrooms Total Integer0
  • Bedrooms Total0
  • CoolingCentral Air
  • CoolingYes
  • HeatingCentral
  • HeatingYes
  • Interior FeaturesL Dining, Ninguno
  • Laundry FeaturesOutside
  • Living Area1,140
  • Living Area SourcePublic Records
  • Living Area UnitsSquare Feet

Exterior

  • Carport Spaces1
  • CarportYes
  • Covered Spaces1
  • Exterior FeaturesNone
  • Garage Spaces0
  • Lot Size Acres0
  • Lot Size Area14,375
  • Lot Size Square Feet14,375
  • Lot Size UnitsSquare Feet
  • Road Surface TypeAsphalt
  • RoofMetal

Structure

  • Building Area Total1,800
  • Construction MaterialsWood Frame
  • Foundation DetailsCrawlspace
  • Number Of Buildings2
  • Year Built1946

Utilities

  • SewerPublic Sewer
  • UtilitiesCable Available, Electricity Connected, Public
  • Water SourcePublic

Financial

  • Parcel Number253724001205400010
  • Tax Annual Amount4,140
  • Tax Block54
  • Tax Legal DescriptionTOWN OF ARCADIA O S LOTS 1 & 2 BLK 54 SEC 31-37-25 INST:201614003149 INST:201614003995 INST:202014006040 INST:202014006041
  • Tax Lot1
  • Tax Year2025
  • ZoningR-1C

Location

  • CountryUnited States
  • County Or ParishDeSoto
  • DirectionsTake E. Magnolia, turn right onto Sumter Ave, property on the left Take W. Hickory St, turn left onto Sumter Ave, property on the left
  • Latitude27
  • Longitude-82
  • MLS Area Major34266 - Arcadia
  • Postal Code34266
  • Postal Code Plus44663
  • Senior CommunityYes
  • Street Direction PrefixE
  • Street NameMAGNOLIA
  • Street Number628
  • Street Number Numeric628
  • Street SuffixSTREET
  • Subdivision NameA W GILCHRIST RESUB
  • Unparsed Address628 E MAGNOLIA STREET

Features & Amenities

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