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Apartment Building Portfolio
For Sale
$4,800,000

3005 7th Street, Meridian, MS 39301

Commercial Sale, Meridian, MS

Property Size90,508 SF
Lot Size1.00 Acre
Price / SF$53.03
Days on Market235

Property Features for 3005 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 084-18-2-0122-005-00100
Size 90,508 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description BALL SURVEY BLOCK 29 BEG SEC, RUN W 124',NLY 67',W 1',NLY 67', E 127.3', S 134'TO BEG DESC DB 845 P.216
Tax Annual Amount 9009
Legal Description BALL SURVEY BLOCK 29 BEG SEC, RUN W 124',NLY 67',W 1',NLY 67', E 127.3', S 134'TO BEG DESC DB 845 P.216

Building Details

Year built 1960
Listing Agency: Coldwell Banker Alfonso Realty-OS-B/O · Coldwell Banker Real Estate
Listed By: Kim R Bush · License #S42877
Added: Jan 6 Changed: Aug 26 Last Checked: Aug 29 at 5:06AM
MLS# 4135208

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.

This multifamily portfolio includes 68 property units totaling 158 doors, along with 59 vacant lots. The improvements comprise 90,508 square feet and date to 1960, providing a substantial existing residential platform in Meridian.

The offering is located at 3005 7th Street in Meridian, Mississippi, within Lauderdale County. The package may be divided, with separate MLS references identified for portions of the offering. Buyers should review the available documents and verify property details independently.

Key Highlights

  • 68 property units with 158 total doors
  • 59 vacant lots included in the offering
  • 90,508 square feet of multifamily improvements

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Garden Center Locksmith Catering Service Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

158
Residential units

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby

Demographics for 39301, MS

23,537
Population
11,047
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
260.7 sq mi
ZIP Area
90
Density / Sq Mi
$42,701
Median Household Income
$34,804
Median Earnings
$888
Median Rent
$105,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Large multifamily offering combining occupied housing assets with additional vacant lots for future planning.
Where is this apartment building located?
The property is located at 3005 7th Street Meridian, MS.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 68 property units with 158 total doors; 59 vacant lots included in the offering; 90,508 square feet of multifamily improvements
More about this property
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