Based on property information with market context.
This 40-unit apartment community includes 24 two-bedroom, one-bath residences and 16 three-bedroom, one-bath residences within a 15,532-square-foot property on 3 acres. Built in 1999, the property has undergone extensive renovation and includes ADA-accessible apartment design, covered front porches measuring 6'10" by 34', carpet and vinyl flooring, shingle roofing, and public water and sewer service. A playground, paved parking, and separate management office support the existing residential configuration.
All units are currently leased at private-market rates. The property is positioned for either private-market leasing or Section 8 participation, as stated in the property information. Located at 1300 Roosevelt Avenue in Greenwood, Mississippi, the community also includes space for on-site management.
Key Highlights
40 apartments: 24 two‑bedroom/one‑bath units and 16 three‑bedroom/one‑bath units
15,532 square feet on 3 acres
Extensively renovated and constructed to ADA‑accessible specifications
Property Analytics
Property Profile
Current Use
Apartment buildings
Suggested Use
Top PickReal Estate AgencyDental OfficeBuilding SupplyHVAC ServicePharmacyKitchen & Bath Showroom
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
40
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 38930, MS
23,438
Population
10,608
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
194.2 sq mi
ZIP Area
121
Density / Sq Mi
$35,109
Median Household Income
$30,000
Median Earnings
$694
Median Rent
$108,000
Median Home Value
Market
Vacancy Rate%for Multifamily in South region
8.5%2022
10.2%2023
11.4%2024
11.3%2025
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Apartment building - Renovated multifamily community with diverse unit layouts, ADA-accessible design, playground, paved parking, and an on-site management office.
Where is this apartment building located?
The property is located at 1300 Roosevelt Avenue Greenwood, MS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 40 apartments: 24 two‑bedroom/one‑bath units and 16 three‑bedroom/one‑bath units; 15,532 square feet on 3 acres; Extensively renovated and constructed to ADA‑accessible specifications