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Multifamily Investment Portfolio
For Sale
$4,800,000

3005 7th Street, Meridian, MS 39301

Turnkey portfolio offers 68 multifamily units and 59 vacant lots in Meridian, MS.

Property SizeContact for details
Days on Market48

Property Features for 3005 7th Street

General Information

Standard status Active

Additional Details

Multifamily Units 158

Taxes and HOA fees

Annual Taxes $9,009

Building Details

Year Built 1960
Stories 68
Listing Agency: EXIT Realty Heart Properties
Listed By: Jacki Thornburg
Source: Exitrealtyheartproperties.idxbroker
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 19 at 4:49AM

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 EXIT Realty Heart Properties

Investment Insights

Based on property information with market context.

This for-sale multifamily investment package includes 68 property units totaling 158 doors, along with 59 vacant lots. The offering is presented as turnkey at scale, with room for value-through renovations, rent optimization, and improved operational efficiency, subject to buyer verification.

The portfolio is located in Meridian, Mississippi and may be split, with references to MLS numbers 4135114 or 4135118. Buyer is advised to verify all information and review the available documents for additional details related to the units and lots included in the package.

Key Highlights

  • Large multifamily investment package in Meridian, MS with 68 property units totaling 158 total doors
  • Includes 59 vacant lots in the portfolio
  • Year built listed as 1960

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Garden Center Locksmith Catering Service Home Appliance Store Veterinary Clinic

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

158
Residential units

Location Intelligence

Trade Area within ½ mile

1,770
Businesses Nearby

Demographics for 39301, MS

23,537
Population
11,047
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
260.7 sq mi
ZIP Area
90
Density / Sq Mi
$42,701
Median Household Income
$34,804
Median Earnings
$888
Median Rent
$105,800
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?
Apartment building - Turnkey portfolio offers 68 multifamily units and 59 vacant lots in Meridian, MS.
Where is this apartment building located?
The property is located at 3005 7th Street Meridian, MS.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Large multifamily investment package in Meridian, MS with 68 property units totaling 158 total doors; Includes 59 vacant lots in the portfolio; Year built listed as 1960
More about this property
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