502 Dorsett Drive Indianola, MS $ 1,450,000
502 Dorsett Drive
$ 1,450,000
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502 Dorsett Drive

Indianola, MS, 38751
$ 1,450,000
Bedrooms40 Baths24.0

Monthly Estimate*

$ 9,637

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Multi-Family Home for sale in Indianola, MS

for $1,450,000 with 40 bedrooms and 24 full baths. This home was built in 1975 on a lot size of 1.2.

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!

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

40

Full Bath

24

Property Type

Multi-Family

Taxes

$ 18,821

Style

Lot Size

1.2

Year Built

1975

Town/City

Indianola

County/Region

Sunflower

MLS | Web ID

4055466

Features
General
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
Status Active
Year Built 1975
City Indianola
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
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Exterior
Exterior Features Awning(s)
Water Source Public
Parking Features Parking Lot
Foundation Brick/Mortar
Waterfront Features: Waterfront No
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Interior
Furnished Y/N No
Total Floors 2
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* Excluded Features
List By
Emerson Lovelace

Listing Agent

Tom Smith Land & Homes

Broker

emerson@tomsmithland.com

Email

Affordability Calculator

$11,206
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$1,568
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3656856 Elementary School
3656857 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,450,000 -9.09% Price Down
9/29/2023$1,595,000 -4.20% Price Down
8/8/2023$1,665,000 Listed Price

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502 Dorsett Drive, Indianola, MS, 38751 is a Multi-Family Home for sale at $1,450,000 with a lot size of 1.2. 502 Dorsett Drive has 40 bedrooms, 24.0 baths, and was built in 1975. The property's zip code is 38751 which is in Indianola, MS