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14-Unit Apartment Complex
For Sale
$1,300,000

9271 Highway 613, Lucedale, MS 39452

Commercial Sale, Lucedale, MS

Property Size12,410 SF
Lot Size4.20 Acres
Price / SF$104.75
Days on Market69

Property Features for 9271 Highway 613

General Information

Property type Commercial Sale
Property subtype Apartment
Bedrooms 24
Bathrooms 14
Full bathrooms 14
Rooms Bedroom 12, Bedroom 23, Bedroom 2, Bedroom 13, Bathroom 1, Bathroom 7, Bathroom 10, Bedroom 11, Bathroom 5, Bathroom 14, Bedroom 4, Bathroom 11, Bathroom 9, Bathroom 8, Bedroom 24, Bathroom 3, Bedroom 20, Bedroom 17, Bedroom 19, Bathroom 4, Bedroom 5, Bathroom 12, Bedroom 7, Bedroom 18, Bathroom 2, Bedroom 14, Bathroom 13, Bedroom 1, Bathroom 6, Bedroom 9, Bedroom 22, Bedroom 8, Bedroom 21, Bedroom 15, Bedroom 16, Bedroom 6, Bedroom 10, Bedroom 3
Standard status Active
APN 0907-26-0-001.01
Size 12,410 SF
Lot size 4.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 4.2 acres (see attached plat)
Tax Annual Amount 8383
Legal Description 4.2 acres (see attached plat)

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Floors in Building 2
Flooring type Vinyl, Carpet
Roof type Metal
Listing Agency: Better Homes & Gardens RE Trad · Better Homes and Gardens Real Estate
Listed By: Janie L Grice · License #S49561
Added: Aug 2 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# 4157886

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 14-unit apartment property spans 12,410 square feet across approximately 4.2 acres. Its unit mix comprises 10 two-bedroom apartments and four one-bedroom apartments. Renovations were completed in 2022, and all units are occupied. Each apartment has dedicated parking, and tenants cover their own utilities. Building systems include central heating and air conditioning, with vinyl and carpet flooring and a metal roof.

Located at 9271 Highway 613 in Lucedale, the property has public water, a septic system, and fiber internet. The reported cap rate is 8.69%.

Key Highlights

  • 14 apartments: 10 two‑bedroom units and 4 one‑bedroom units
  • 12,410 square feet on approximately 4.2 acres
  • Renovated in 2022; 100% tenant occupancy

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Garden Center Pharmacy Big Box & Wholesale Store

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

14
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - A renovated multifamily property with one- and two-bedroom homes and a dedicated parking space for each unit.
Where is this apartment building located?
The property is located at 9271 Highway 613 Lucedale, MS.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14 apartments: 10 two‑bedroom units and 4 one‑bedroom units; 12,410 square feet on approximately 4.2 acres; Renovated in 2022; 100% tenant occupancy
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