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1301 Louisville St. Apt. 35-38 4 Unit Apartment Building $499,999 ($125,000/Unit) Starkville, MS 39759
Investment Highlights
- Four townhome-style units with two bedrooms and 1.5 baths in each unit
- Strong rental demand supported by a stable college market
- Offered at $499,999, providing an accessible entry point for multifamily investors
- Located near Mississippi State University, retail, dining, and major employers
- Immediate income potential with renovated units and long-term upside
Executive Summary
This 4-unit townhome investment opportunity in Starkville, MS, offers immediate income potential in a market driven by strong rental demand. Each unit features a two-bedroom, one-and-a-half-bath layout with functional kitchens and spacious living areas, appealing to long-term tenants. The property benefits from proximity to Mississippi State University, major employers, retail, and dining, ensuring consistent occupancy and rental stability. Priced at $499,999, this asset provides investors with a chance to secure a stabilized property with upside potential through continued renovations and operational efficiencies. Starkville’s established college market and growing economic base make this an attractive option for those seeking scale and appreciation in a proven rental environment.
Property Facts
| Price | $499,999 | Building Class | C |
| Price Per Unit | $125,000 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,290 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1997 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $499,999 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,290 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 102O-00-072.13 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $29,705 |
Property Taxes
Parcel Number
102O-00-072.13
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$29,705
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1301 Louisville St. Apt. 35-38
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