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Multifamily Residential Income Property
For Sale
$424,900

330 Elm St, Grenada, MS 38901

Multifamily property offered for sale at 330 Elm St in Grenada, MS.

Property SizeContact for details
Days on Market49

Property Features for 330 Elm St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1970
Buildings 7
Units 9
Listing Agency:
Listed By: David Dorris · License #MS #S-55883
Source: Woodyardrealty
Added: Jun 25 Changed: Aug 7 Last Checked: Aug 12 at 3:54AM

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 David Dorris

Investment Insights

Based on property information with market context.

Offered for sale as a multifamily residential income property, this asset is identified under other multifamily property types. The listing information provided does not include unit mix, square footage, or interior/exterior condition details, so interested buyers should review the available offering materials and any supporting documents to confirm the current configuration and specifications.

The property is located at 330 Elm St in Grenada, MS 38901. Prospective buyers should conduct their own verification of access conditions and any site or building characteristics that may impact use, operations, or future improvements.

For investors or owner-operators seeking multifamily exposure, this property may fit portfolios looking for residential income assets. Because the provided data does not specify occupancy status, lease terms, or operating history, underwriting should be based on verified financials and rent roll information obtained during diligence. Buyers may also want to confirm any relevant compliance items, insurance considerations, and maintenance requirements that could affect overall ownership costs. The strongest next step is to request full disclosure materials to evaluate the property’s actual structure, current income parameters, and practical basis for projecting operations.

Key Highlights

  • Multifamily property for sale at 330 Elm St, Grenada, MS
  • Built in 1970

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Butcher

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

417
Businesses Nearby

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

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?
Multifamily property - Multifamily property offered for sale at 330 Elm St in Grenada, MS.
Where is this multifamily property located?
The property is located at 330 Elm St Grenada, MS.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Multifamily property for sale at 330 Elm St, Grenada, MS; Built in 1970
More about this property
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