Brick c.1890 Jaw-Dropping Mississippi Home $160K
$160,000
Inside, this Mississippi home is adorned with exquisite parquet floors, eight fireplaces each featuring uniquely crafted mantels, and impressively high ceilings throughout. Coffered ceilings add architectural elegance to the foyer, main hallway, and front parlor, enhancing the home’s timeless character.
The historic McDermott House (c. 1907) offers a rare chance to own a remarkable piece of Vicksburg history. Originally constructed in 1905 and later relocated to 1111 South Street, this Mission-style residence is a notable example of early 20th-century architectural eclecticism, as recognized on the Historical Register. A stunning Art Nouveau stained glass window adds character, while wood pocket doors and a grand staircase enhance the home’s historic charm. The main level features a formal dining room and an updated kitchen with granite countertops and stainless appliances. Also a small home office and half bath complete the first floor. Upstairs offers 3 bedrooms, 2 full baths, and a flexible room off the primary suite ideal for a sitting room or future closet. The third floor includes an additional bedroom, split bath, and large attic storage area. Being sold as-is, this property presents a unique opportunity for investors or buyers with a vision to restore and showcase a true architectural gem.
- bed
- bath
- Circa 1900
1111 South St, Vicksburg, MS 39180 $160,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Kellye Carlisle – VICKSBURG MS
Pros of living in Vicksburg, MS
1. Very affordable cost of living
- Housing, rent, and everyday expenses are well below the national average
- Median home prices are relatively low, making it easier to buy property
Big plus if you’re trying to save money or buy a home.
2. Small-town feel with less congestion
- Population is only around 20–22k people
- Quieter lifestyle, less traffic, slower pace
Appeals to retirees or people wanting a calm environment.
3. Rich history and culture
- Known for Civil War history and riverfront setting
- Tourism brings some charm and local pride
If you like historic towns, it has character.
4. Decent commute and low traffic
- Short drive times compared to big cities
- Less daily stress getting around
5. Mild winters
- Warm climate year-round (rarely harsh winters)
Good if you hate cold weather.
Cons of living in Vicksburg, MS
1. Crime is a major concern
- Crime rates are over 100% higher than the national average
- Both violent and property crime are elevated
This is one of the biggest drawbacks and varies by neighborhood.
2. Limited job opportunities
- Smaller economy = fewer career options
- Higher unemployment and lower incomes overall
Many people commute to nearby areas for work.
3. High poverty rate
- Around 27–28% poverty rate, significantly above U.S. average
Impacts schools, infrastructure, and overall opportunity.
4. Limited amenities and entertainment
- Fewer restaurants, shopping, and nightlife options
- Many errands require driving
Can feel boring, especially for younger people.
5. Declining population
- Population has been shrinking in recent years
Sometimes signals fewer opportunities and slower growth.
6. Hot, humid climate
- Summers can be very humid and uncomfortable (common complaint in the region)
- Not ideal if you prefer mild or dry weather.
Family History
This stunning residence was the home of Vincent Palermo (1854-1942) and his wife Frances Pallotta Palermo (1969-1933). Both were born in Italy. The came directly from Italy to Vicksburg in 1884 and seven years later built this structure. The couple worked hard, became owners of a grocery store (also on South Street), and purchased this wonderful house for their large family which included children Joe, Mamie, Minnie, Rosa, Anne, and later daughter-in-law Mary, grandson Joe Jr. and a nephew. The Palermo family owned the home mortgage-free from 1890 to the 1940s.
In 1941 the local newspaper ran this big article about Vincent Palermo.
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