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Columbus Multifamily Investment Opportunity
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Pending

102 S Browder St, Columbus, MS 39702

Eight-unit multifamily property in Columbus, MS with strong cash flow.

Property Size5,166 SF
Days on Market160

Property Features for 102 S Browder St

General Information

Standard status Pending
Size 5,166 SF
Class B
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1965
Year Renovated 2025
Buildings 1
Stories 2
Units 8
Listing Agency: SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
Listed By: Tanner Dolan · License #MS B-24685
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Jul 24 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC

Investment Insights

Based on property information with market context.

Located in Columbus, MS, this multifamily property features eight units, each with one bedroom and one bathroom. The property is fully occupied, generating a current gross rent of $5,290 per month, with a pro forma potential of $5,560 per month. The property presents an opportunity for investors seeking steady income. Most of the HVAC systems have been replaced, reducing near-term capital expenditure risk. The exterior has been recently painted, enhancing curb appeal and lowering maintenance concerns. One unit is available for renovation to maximize income, while all other units have been remodeled. The property size is 5166 square feet.

Key Highlights

  • Strong in‑place cash flow with $5,290/month current gross rent.
  • Value‑add upside through rental increases and final unit renovation to achieve $5,560/month pro forma gross rent.
  • Almost all HVAC systems have been replaced, reducing near‑term capital expenditure risk.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 39702, MS

22,661
Population
9,704
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
89%
High-School Grad
99.9 sq mi
ZIP Area
227
Density / Sq Mi
$54,938
Median Household Income
$36,950
Median Earnings
$868
Median Rent
$142,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Eight-unit multifamily property in Columbus, MS with strong cash flow.
Where is this apartment building located?
The property is located at 102 S Browder St Columbus, MS.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Strong in‑place cash flow with $5,290/month current gross rent.; Value‑add upside through rental increases and final unit renovation to achieve $5,560/month pro forma gross rent.; Almost all HVAC systems have been replaced, reducing near‑term capital expenditure risk.
More about this property
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