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Four-Unit Apartment Complex
For Sale
$350,000
Pending

10200 Hwy 491, Collinsville, MS 39325

COMMERCIAL - Collinsville, MS

Property SizeContact for details
Lot Size8.00 Acres
Days on Market518

Property Features for 10200 Hwy 491

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Neshoba County
Standard status Pending
APN 14200-36-012.001
Lot size 8.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2532

Utilities

Heating system Hot Water(Heating), Heat Pump (Heating), Electric (Heating)

Amenities

utility room with washer and dryer
Listing Agency: Stinson Realty
Listed By: Gordon Adkins · License #S-60912
Added: Apr 2, 2025 Changed: Aug 4 Last Checked: Sep 1 at 1:06AM
MLS# 25-244

Copyright © 2026 East Mississippi Realtors. 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 four-unit apartment complex is a quadplex offering two-bedroom, one-bath units. The complex is currently at full occupancy. An end-of-complex utility room provides tenant access to a shared washer and dryer.

The property sits on Highway 491, with the complex described as being located off Highway 19 South. Heating includes electric heating, heat pump heating, and hot water.

Each unit is configured consistently, supporting straightforward leasing and tenant experience across the property’s four units.

Key Highlights

  • Four units; fully occupied quadplex
  • Each unit has 2 beds and 1 bath
  • Tenant‑access washer and dryer in end‑of‑complex utility room

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 39325, MS

6,029
Population
2,474
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
106.7 sq mi
ZIP Area
57
Density / Sq Mi
$85,077
Median Household Income
$47,151
Median Earnings
$988
Median Rent
$181,400
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?
Quadplex - Fully occupied four-unit quadplex on Highway 491 with shared laundry in a dedicated utility room.
Where is this quadplex located?
The property is located at 10200 Hwy 491 Collinsville, MS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four units; fully occupied quadplex; Each unit has 2 beds and 1 bath; Tenant‑access washer and dryer in end‑of‑complex utility room
More about this property
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