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Multifamily Property with Multiple Dwellings
For Sale
$949,900

14020 Highway 57, Vancleave, MS 39565

Multiple residences, private wells, septic systems, and a barn create a flexible rural property configuration.

Property Size4,000 SF
Lot Size27.00 Acres
Price / SF$237.48
Days on Market114

Property Features for 14020 Highway 57

General Information

Standard status Active
Size 4,000 SF
Lot size 27.00 Acres
Property subtype Residential Income

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 3

Additional Details

Land Use agricultural, residential, equestrian, multi-family

Taxes and HOA fees

Annual Taxes $3,729

Amenities

pond
Listing Agency: Wellhouse Real Estate
Listed By: Parker B Thoms · License #B24883
Source: Exprealty
Added: May 9 Changed: Aug 30 Last Checked: Aug 30 at 8:38PM

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 Wellhouse Real Estate

Investment Insights

Based on property information with market context.

This multifamily property includes three separate residential improvements. A renovated 40×40 metal building contains a 3 bed/2 bath living area with a full kitchen and living room. The historic cottage provides ±1,000 SF with 2 bed/2 bath, while the main house offers ±1,400 SF with 3 bed/2 bath, a carport, and attached storage.

The ±27-acre tract has direct frontage on Highway 57, along with three individual water wells and five septic tanks located on the southern portion. Two prepared pads are available for tiny home placement. Additional improvements include a 30×50 barn with hay loft, a ±1-acre pond, and mature hardwood trees. The property was previously operated as a farm and nursery and includes acreage described as high and dry.

Key Highlights

  • ±27 acres (MOL) with direct Highway 57 frontage
  • Three residential structures with a combined 8 bedrooms and 6 bathrooms
  • Renovated 40×40 metal building configured as a 3 bed/2 bath residence

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Butcher Auto Repair Shop Nail Salon Restaurant Spa & Massage Center

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

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 39565, MS

19,972
Population
7,732
Households
2.6
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
274.6 sq mi
ZIP Area
73
Density / Sq Mi
$87,417
Median Household Income
$44,045
Median Earnings
$1,112
Median Rent
$204,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple residences, private wells, septic systems, and a barn create a flexible rural property configuration.
Where is this multifamily property located?
The property is located at 14020 Highway 57 Vancleave, MS.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: ±27 acres (MOL) with direct Highway 57 frontage; Three residential structures with a combined 8 bedrooms and 6 bathrooms; Renovated 40×40 metal building configured as a 3 bed/2 bath residence
More about this property
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