Built 2014 Duplex with Separate
For Sale
Contact for pricing
1067 ADAMS ST, Grenada, MS 38901
Duplex built in 2014 with separate electric, water, and gas meters for tenant-paid utilities.
Property Size1,200 SF
Price / SF$41.58
Days on Market51
Property Features for 1067 ADAMS ST
General Information
Standard status
Active
Size
1,200 SF
Class
B
Property subtype
Multifamily, Mixed Use
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$11,151
Financials
Cap Rate
20.31%
Business Included
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
2014
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
LOYD Realty
Listed By:
Eli Ahmadov · License #FL
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 10 at 11:20AM
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 LOYD Realty
Investment Insights
Based on property information with market context.
This built-in-2014 duplex is in good condition and designed for straightforward rental operations. Each unit has separate electric, water, and gas meters, and tenants are responsible for all utilities.
Located at 1067 Adams St in Grenada, MS 38901, the property is offered for sale as a residential income asset. The current setup supports independent billing and reduces shared-service management for day-to-day tenancy.
For buyers seeking an income-producing duplex with clearly divided utility service, this configuration can simplify budgeting and tenant turnover. With a well-maintained, relatively newer construction year and tenant-paid utilities, the property may appeal to investors and small operators looking for manageable multifamily ownership without shared utility responsibility.
Located at 1067 Adams St in Grenada, MS 38901, the property is offered for sale as a residential income asset. The current setup supports independent billing and reduces shared-service management for day-to-day tenancy.
For buyers seeking an income-producing duplex with clearly divided utility service, this configuration can simplify budgeting and tenant turnover. With a well-maintained, relatively newer construction year and tenant-paid utilities, the property may appeal to investors and small operators looking for manageable multifamily ownership without shared utility responsibility.
Key Highlights
- Duplex built in 2014 and currently in good condition
- Each unit rents for $600
- Separate electric, water, and gas meters with tenants paying all utilities
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 38901, MS
18,282
Population
8,831
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
85%
High-School Grad
242.0 sq mi
ZIP Area
76
Density / Sq Mi
$46,956
Median Household Income
$31,330
Median Earnings
$811
Median Rent
$139,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex built in 2014 with separate electric, water, and gas meters for tenant-paid utilities.
Where is this duplex located?
The property is located at 1067 ADAMS ST Grenada, MS.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Duplex built in 2014 and currently in good condition; Each unit rents for $600; Separate electric, water, and gas meters with tenants paying all utilities
