With an asking price of just $79,900, this spacious property in Magnolia, Mississippi, offers an unusual combination of generous living space, a nearly one-acre lot, and an additional apartment. Located at 525 W Railroad Ave N, the property features a 3,065-square-foot main residence, four bedrooms, two full bathrooms, and a versatile layout designed to accommodate a variety of living arrangements. Built in 1949, the home has the character and scale associated with an older Southern property while providing plenty of room for modern-day possibilities. Set on approximately 0.978 acres, the property offers substantial outdoor space in addition to its expansive interior.
One of the home’s most noticeable features is its large front porch, creating an inviting entrance and providing an outdoor area where residents can relax, entertain guests, or simply enjoy the surrounding property. A spacious porch can also serve as an extension of the home’s living space, particularly in a property with this much room and land. Inside, the approximately 3,065 square feet of living space provides plenty of flexibility. The four-bedroom, two-bathroom layout gives the main house enough room for a family while also leaving possibilities for dedicated offices, hobby rooms, guest accommodations, or other uses. Because the property has a one-and-a-half-level configuration, the interior offers additional character and opportunities to arrange the space according to individual needs.
A particularly interesting part of the home is the large den/game room with a bar. This area adds a recreational dimension to the property and could become a central gathering space for family and friends. Whether used as a traditional den, entertainment room, game room, or casual lounge, its size makes it one of the property’s most versatile areas. The home also includes a fireplace-free interior, and the listed property information does not identify a heating or cooling system. The kitchen includes a free-standing electric range, while additional appliances are not specified in the listing. Buyers considering the property may therefore want to evaluate the existing utility systems and determine what improvements or installations may be appropriate for year-round comfort.
Perhaps the most distinctive feature of the property is the additional one-bedroom, one-bath apartment. Separate living space can be valuable for a number of reasons. It could provide accommodations for visiting relatives, extended family members, or guests without requiring them to share the main home’s living areas. Depending on local regulations and the property’s configuration, it could also potentially serve as a home office, studio, private guest suite, or other flexible-use space. The apartment adds another layer of potential to a property that already offers substantial square footage. For a buyer looking for more than a conventional single-family residence, having an additional living area could make the property particularly adaptable to changing needs over time.
Outside, the property sits on approximately 0.97 acres, giving the home a generous amount of land compared with many residential properties. The lot provides room to create outdoor gathering areas, gardens, recreational spaces, or simply enjoy the feeling of having more breathing room around the house. The property includes a driveway with uncovered parking spaces, providing convenient off-street parking for residents and visitors. The exterior is finished with siding, and the home has a shingle roof. The property is not new construction, having been built in 1949, but its age contributes to the home’s established character. Buyers interested in older houses may appreciate the opportunity to own a property with several decades of history while having the space necessary for renovation, updating, or personalization.
The home’s layout could also make it attractive to buyers interested in creating a more customized residence. With four bedrooms, a large den/game room, a front porch, an additional apartment, and nearly an acre of land, there are numerous ways the property could be adapted. Someone looking for a large home at an accessible price point could potentially transform the existing spaces while retaining the property’s original character. At $79,900, the asking price also places the property in a segment where buyers may be looking for value and additional potential rather than a fully updated, move-in-ready home. As with any older property, prospective buyers should carefully inspect the structure, roof, electrical and plumbing systems, and heating and cooling situation before making a purchase. The condition of the separate apartment and its suitability for different uses should also be verified.
Still, the combination of size, land, and flexible space makes this Magnolia property stand out. The main residence alone offers more than 3,000 square feet, while the additional apartment provides another private living area. The expansive front porch and large entertainment room add character, and the nearly one-acre lot gives the property plenty of room beyond the walls of the house. For buyers who enjoy the idea of taking an older property and making it their own, 525 W Railroad Ave N presents an opportunity with plenty of possibilities. Its 1949 construction, spacious floor plan, substantial lot, and additional apartment give it a distinctive profile compared with a typical small single-family home. At $79,900, this Magnolia residence offers a considerable amount of space for the asking price. While it may require updates and careful evaluation of its existing systems, its size and versatile configuration provide a strong foundation for a buyer looking for a property with room to live, entertain, accommodate guests, and potentially create something uniquely their own.
From Zillow