Price Reduction
Address
502 Dorsett Drive, Indianola, MS
Price
$ 1,450,000
Property Attributes
  • MLS#4055466
  • TypeMulti-Family
  • CountySUNFLOWER
  • CityIndianola
  • NeighborhoodMetes And Bounds
  • Zip38751
  • Style
  • Year Built1975
  • Taxes$ 18821
  • Price$ 1,450,000
  • Bedrooms40
  • Full Bathrooms24
  • Half Bathrooms0
  • Lot Size1.2 Acres
Data Source:
MLS United
Property Description

This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primedand ready to go to work for you! Each of the two buildings consist of four one bedroom units and eight two bedroom units. Recently renovated down to the studs ofeach unit, this property offers all the amenities your tenants will love, from stainless steel appliances,granite, and concrete countertops, brand new walls, tile floors, and completely new HVAC equipment. Thereis no other property in this condition in the area. The demand for rental units in Indianola is extremely high,and the quality supply is almost nonexistent. Crank this cash flow machine up and let it get to work!

Price History
8/8/2023 Listed $1,665,000
9/29/2023 5% - $1,595,000
4/16/2024 10% - $1,450,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Roof Metal
School District Sunflower Cty Cons
HOA No
New Construction No
Subdivision Metes And Bounds
County Sunflower
Levels Two
Property Type C
Accessibility Features No
Tax Year 2022
Parcel Number 119g-29-00-023
Status Active
Year Built Source Assessor
Year Built 1975
City Indianola
Homestead Y/N No
Community Of N/A
Legal Description 1.2 ACC S/OF RD PT SW1/4 SW1/4 UNPLATTED LAND 29-19-04 INDIANOLA
Structure Type Multi Family
Street Name Dorsett
Flood Insurance Required? No

Interior Features

Furnished Y/N No
Total Floors 2
SqFt Source Appraiser

Exterior Features

Exterior Features Awning(s)
Water Source Public
Parking Features Parking Lot
Foundation Brick/Mortar
MLS Identifier 20210408200911641907000000
Street Number 502
Waterfront Features: Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 38751

Price
AVG $610K
$1.45M
Taxes
AVG $8,342
$18,821
Visits
AVG 273
370
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1975
Walkscore
AVG 60
53
Data Provided by Walkscore® not using MLS data