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40-Unit Apartment Community
For Sale
$1,000,000
Pending

1300 Roosevelt Avenue, Greenwood, MS 38930

Residential Income, Greenwood, MS

Property Size15,532 SF
Lot Size3.00 Acres
Days on Market69

Property Features for 1300 Roosevelt Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 96
Bathrooms 40
Full bathrooms 40
Rooms Bedroom 20, Bedroom 27, Bedroom 62, Bathroom 16, Bedroom 15, Bedroom 8, Bedroom 29, Bathroom 3, Bathroom 2, Bathroom 33, Bedroom 34, Bedroom 69, Bedroom 68, Bedroom 47, Bedroom 43, Bedroom 4, Bedroom 26, Bedroom 33, Bedroom 52, Bathroom 36, Bedroom 51, Bathroom 28, Bathroom 37, Bedroom 80, Bedroom 64, Bedroom 6, Bedroom 14, Bedroom 16, Bathroom 32, Bedroom 39, Bedroom 75, Bedroom 10, Bathroom 22, Bedroom 7, Bedroom 96, Bathroom 14, Bedroom 79, Bedroom 60, Bedroom 41, Bedroom 95, Bedroom 49, Bedroom 53, Bathroom 1, Bathroom 25, Bedroom 42, Bedroom 18, Bedroom 86, Bedroom 94, Bedroom 89, Bedroom 59, Bedroom 28, Bedroom 72, Bathroom 23, Bedroom 65, Bedroom 25, Bedroom 55, Bedroom 71, Bathroom 15, Bathroom 19, Bathroom 24, Bedroom 1, Bedroom 13, Bedroom 66, Bedroom 84, Bedroom 85, Bathroom 7, Bedroom 5, Bathroom 18, Bathroom 30, Bathroom 26, Bathroom 8, Bedroom 23, Bedroom 81, Bedroom 61, Bathroom 9, Bathroom 4, Bedroom 63, Bedroom 9, Bedroom 93, Bedroom 88, Bathroom 35, Bedroom 11, Bedroom 2, Bathroom 38, Bedroom 48, Bathroom 6, Bathroom 10, Bedroom 44, Bedroom 40, Bathroom 5, Bathroom 40, Bathroom 12, Bedroom 46, Bedroom 56, Bedroom 76, Bedroom 78, Bedroom 67, Bathroom 20, Bedroom 22, Bathroom 21, Bathroom 31, Bedroom 77, Bedroom 19, Bedroom 32, Bedroom 17, Bedroom 31, Bedroom 58, Bathroom 39, Bedroom 74, Bedroom 83, Bedroom 37, Bedroom 24, Bathroom 13, Bedroom 21, Bedroom 35, Bedroom 70, Bedroom 12, Bedroom 38, Bedroom 50, Bathroom 11, Bedroom 36, Bathroom 17, Bathroom 34, Bedroom 54, Bedroom 45, Bedroom 91, Bedroom 57, Bedroom 87, Bedroom 92, Bedroom 73, Bedroom 3, Bathroom 27, Bedroom 90, Bedroom 82, Bathroom 29, Bedroom 30
Parking features Parking Lot
Window features Blinds
Patio and Porch features Porch
Appliances Refrigerator, Gas Range, Gas Water Heater
Subdivision Metes And Bounds
Lot features Level, City Lot, Level, City Lot
Directions Main Street to South St to Avenue E
Standard status Pending
APN 10015041100320
Size 15,532 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description A TRACT OF LAND SITUATED SOUTH OF BLOCK 23 OF THE WHITTINGTON ADD LYING IN N1/2 OF SE1/4 S15 T19 R1
Tax Annual Amount 7457
Legal Description A TRACT OF LAND SITUATED SOUTH OF BLOCK 23 OF THE WHITTINGTON ADD LYING IN N1/2 OF SE1/4 S15 T19 R1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Electric, Central Air
Water source Public

Amenities

covered front porch
ADA accessible
playground
paved parking
separate management office

Building Details

Year built 1999
Floors in Building 2
Number of units 40
Flooring type Vinyl
Roof type Shingle
Listing Agency: Powers Properties
Listed By: Pam Powers · License #B12007
Added: Aug 19 Changed: Oct 21 Last Checked: Oct 26 at 12:06PM
MLS# 4159781

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 40-unit apartment property consists of five buildings, each containing eight homes. The mix includes 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments. Built in 1999, the community has undergone renovations described as bringing it to current code standards. Apartments were constructed to ADA-accessible specifications and each has a covered front porch measuring 6 feet 10 inches by 34 feet. A separate 666-square-foot management office supports on-site operations, alongside a playground and paved parking.

All apartments are currently occupied by private-market renters. The 3-acre property is served by public water and public sewer, with central heating and cooling.

Key Highlights

  • 40 apartments across five buildings, with eight units in each building
  • Unit mix: 24 two‑bedroom, one‑bath apartments and 16 three‑bedroom, one‑bath apartments
  • All units are currently rented at private‑market rates

Property Analytics

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Lease Details

40
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five residential buildings include a separate management office, playground, and paved parking area.
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 across five buildings, with eight units in each building; Unit mix: 24 two‑bedroom, one‑bath apartments and 16 three‑bedroom, one‑bath apartments; All units are currently rented at private‑market rates
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