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    New Albany, MS Apartment Buildings for Sale

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    Myrtle, MS Blue Springs, MS Sherman, MS
    Historic Mixed-Use Hamilton Place
    $3,300,000
    17,255 SF
    Historic Mixed-Use Hamilton Place

    130 W Bankhead St, New Albany, MS 38652

    Historic mixed-use property in downtown New Albany, Mississippi.
    • Historic Landmark: Own a meticulously preserved historic building (built in 1885 and 1887) in downtown New Albany.
    • Income‑Producing Asset: Generates approximately $169,000 in annual income with potential to reach $240,000 annually, plus additional income.
    • Diverse Tenant Mix: Features thriving, long‑term commercial tenants on the first floor.
    • Updated Residential Condos: Includes four meticulously updated residential condos on the second floor.
    • Penthouse Potential: Third‑floor penthouse offers a significant opportunity to increase income.
    Updated: Mar 6
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Albany, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Plex Apartment Building
    $298,000
    4,800 SF
    Five-Plex Apartment Building

    Five units under one roof with an on-site laundry room and additional land for potential expansion.

    180 Dogwood St., Hickory Flat, MS 38633

    View details
    196-Unit Multifamily Community Frontage
    Contact for pricing
    196-Unit Multifamily Community Frontage

    196-unit multifamily community with frontage on Germantown Parkway.

    7965 Humphreys Hill Drive, Memphis, TN 38016

    View details
    Established Rental Property For Sale
    $1,750,000
    7,942 SF
    Established Rental Property For Sale

    Established rental property with income potential on 11.5 acres.

    1 CR 4072, Oxford, MS 38655

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    Value-Add Apartment Complex Opportunity
    $12,000,000
    135,320 SF
    Value-Add Apartment Complex Opportunity

    Fully occupied apartment complex with value-add potential through stabilization.

    3130 S Mendenhall Rd, Memphis, TN 38115

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

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    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details

    New Albany, MS Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in New Albany, MS on our real estate platform. These investment opportunities span a total of 17,255 square feet of properties for sale, with an estimated market value of $3,300,000.

    Sale prices for two-family homes in New Albany, MS start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 16K
    Population Growth (5Y) -7.1%
    Median Household Income $54,321
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38652 $3.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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