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    4140 Highway 8 Cleveland, MS 38732

    For Sale
    $1,385,000

    MULTI_FAMILY - Cleveland, MS

    Property size:
    10,000 SF
    Lot size:
    3.50 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 4140 Highway 8

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 12, Bedroom 18, Bedroom 1, Bedroom 17, Bathroom 9, Bedroom 4, Bedroom 15, Bedroom 8, Bathroom 4, Bathroom 1, Bedroom 10, Bathroom 7, Bathroom 8, Bedroom 16, Bathroom 10, Bedroom 20, Bathroom 3, Bedroom 3, Bathroom 6, Bathroom 5, Bedroom 19, Bathroom 2, Bedroom 2, Bedroom 13, Bedroom 7, Bedroom 11, Bedroom 14, Bedroom 9
    Bedrooms
    20
    Bathrooms
    10
    APN
    33-15-900-00-02900-
    Size
    10,000 SF
    Lot size
    3.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2022
    Floors in Building
    1
    Number of units
    10
    Roof type
    Shingle

    Tom Smith Land and Homes (601) 454-9397 [email protected]

    Listing agent Sarah R Wright (662) 441-2500 License #S58615

    Listing date Oct 14, 2025

    MLS# 4128628 Listing URL

    Overview

    Cleveland Multifamily Investment Opportunity

    This is a 10-unit residential complex situated on Highway 8 in Cleveland, MS. The property is currently fully leased. The site includes additional acreage, which allows for the construction of more units. The lot size is 3.5 acres and the property size is 10000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Food Market Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.694996
    Latitude
    33.748591

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    FAQs

    What type of property is this?
    Apartment building - 10-unit complex on 3.5 acres, fully leased.
    Where is this apartment building located?
    The property is located at 4140 Highway 8 Cleveland, MS.
    What is the asking price?
    The asking price for this property is $1,385,000.
    What are key features of this property?
    This property features: - 10-unit complex is fully leased, providing immediate rental income.; - Additional acreage available for building more units, offering expansion potential.; - Located directly on Hwy 8, providing high visibility and accessibility.
    (662) 441-2500
    Request Owner's contact information
    4140 Highway 8 Cleveland, MS 38732
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    Cleveland, MS 38732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4140 Highway 8 Cleveland, MS 38732
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