24-Unit Apartment
For Sale
$2,600,000
15269 Highway 613, Lucedale, MS 39452
Commercial Sale, Lucedale, MS
Property Size20,800 SF
Lot Size2.00 Acres
Price / SF$125
Days on Market71
Property Features for 15269 Highway 613
General Information
Property type
Commercial Sale
Property subtype
Apartment
Bedrooms
40
Bathrooms
24
Full bathrooms
24
Rooms
Bathroom 14, Bathroom 22, Bedroom 8, Bedroom 20, Bathroom 6, Bedroom 29, Bedroom 13, Bedroom 1, Bathroom 23, Bedroom 35, Bathroom 2, Bedroom 27, Bedroom 33, Bedroom 36, Bathroom 12, Bedroom 16, Bedroom 7, Bedroom 19, Bedroom 25, Bathroom 5, Bedroom 39, Bedroom 21, Bathroom 20, Bedroom 30, Bedroom 23, Bedroom 34, Bedroom 24, Bathroom 13, Bedroom 18, Bedroom 40, Bedroom 38, Bedroom 9, Bathroom 1, Bathroom 17, Bathroom 8, Bathroom 18, Bedroom 37, Bathroom 11, Bedroom 15, Bathroom 7, Bedroom 22, Bathroom 24, Bedroom 6, Bedroom 11, Bedroom 26, Bathroom 9, Bathroom 19, Bedroom 10, Bedroom 17, Bedroom 5, Bedroom 28, Bedroom 31, Bathroom 4, Bathroom 15, Bathroom 21, Bedroom 2, Bathroom 10, Bedroom 14, Bedroom 12, Bedroom 32, Bedroom 4, Bathroom 16, Bedroom 3, Bathroom 3
Parking
24
Lot features
City Lot, City Lot
High school
George County
Standard status
Active
APN
0902-04-1-a001.01
Size
20,800 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2 acres (see attached survey)
Tax Annual Amount
11379
Legal Description
2 acres (see attached survey)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
on-site laundry mat
dedicated parking
Building Details
Year built
1986
Floors in Building
2
Flooring type
Carpet, Vinyl
Roof type
Asphalt
Listing Agency:
Better Homes & Gardens RE Trad · Better Homes and Gardens Real Estate
(228) 285-7335
Listed By:
Janie L Grice · License #S49561
(601) 508-5322
Added: Jul 31
Changed: Oct 8
Last Checked: Oct 9 at 7:06AM
MLS# 4157778
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Retreat at Midtown is a 24-unit apartment property renovated in 2025, with approximately 20,800 square feet across 2 acres. The unit mix consists of 16 two-bedroom apartments and 8 one-bedroom apartments. An on-site laundry facility provides an additional income source, and each apartment has dedicated parking. Occupancy is 100%, and the property reports a 7.49% cap rate.
Located at 15269 Highway 613 within Lucedale city limits, the complex is served by public water and sewer. Tenants pay all utilities.
Located at 15269 Highway 613 within Lucedale city limits, the complex is served by public water and sewer. Tenants pay all utilities.
Key Highlights
- 24 apartments: 16 two‑bedroom units and 8 one‑bedroom units
- Approximately 20,800 square feet on 2 acres
- Renovated in 2025
Property Analytics
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Current Use
Lease Details
24
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 39452, MS
28,668
Population
12,267
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
89%
High-School Grad
535.2 sq mi
ZIP Area
54
Density / Sq Mi
$57,300
Median Household Income
$41,831
Median Earnings
$867
Median Rent
$166,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property combines two apartment configurations with on-site laundry and tenant-paid utilities.
Where is this apartment building located?
The property is located at 15269 Highway 613 Lucedale, MS.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 24 apartments: 16 two‑bedroom units and 8 one‑bedroom units; Approximately 20,800 square feet on 2 acres; Renovated in 2025
