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24-Unit Apartment Building
New
For Sale
$2,600,000

15269 Highway 613, Lucedale, MS 39452

COMMERCIAL - Lucedale, MS

Property Size20,800 SF
Lot Size2.00 Acres
Price / SF$125
Days on Market1

Property Features for 15269 Highway 613

General Information

Property type Commercial Sale
Property subtype Apartment
Bedrooms 40
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 19, Bedroom 18, Bathroom 20, Bedroom 6, Bedroom 10, Bedroom 16, Bedroom 21, Bathroom 22, Bathroom 3, Bedroom 8, Bedroom 11, Bedroom 19, Bedroom 5, Bedroom 22, Bedroom 25, Bedroom 24, Bedroom 29, Bedroom 34, Bathroom 21, Bedroom 20, Bathroom 16, Bedroom 39, Bathroom 7, Bathroom 6, Bathroom 1, Bedroom 15, Bathroom 18, Bedroom 40, Bathroom 23, Bedroom 13, Bedroom 3, Bathroom 14, Bedroom 4, Bedroom 26, Bedroom 30, Bathroom 4, Bathroom 11, Bathroom 2, Bedroom 35, Bedroom 23, Bedroom 28, Bedroom 12, Bedroom 17, Bathroom 9, Bathroom 13, Bedroom 2, Bedroom 32, Bedroom 1, Bathroom 8, Bathroom 17, Bathroom 24, Bathroom 15, Bedroom 38, Bathroom 10, Bedroom 7, Bathroom 12, Bedroom 9, Bathroom 5, Bedroom 37, Bedroom 27, Bedroom 14, Bedroom 33, Bedroom 31, Bedroom 36
Parking 24
Lot features City Lot, City Lot
High school George County
Standard status Active
APN 0902-04-1-a001.01
Size 20,800 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 2 acres (see attached survey)
Tax Annual Amount 11379
Legal Description 2 acres (see attached survey)

Utilities

Sewer type Public Sewer
Water source Public

Amenities

on-site laundry
dedicated parking

Building Details

Year built 1986
Floors in Building 2
Flooring type Carpet, Vinyl
Roof type Asphalt
Listing Agency: Better Homes & Gardens RE Trad · Better Homes and Gardens Real Estate
Listed By: Janie L Grice · License #S49561
Added: Jul 31 Last Checked: Jul 31 at 10:06PM
MLS# 4157778

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.

Investment Insights

Based on property information with market context.

The Retreat at Midtown is a 24-unit apartment complex configured as 16 two-bedroom apartments and 8 one-bedroom apartments. The property was renovated in 2025 down to the stud walls, and it includes asphalt roofing with carpet and vinyl flooring. Each unit provides dedicated parking, and tenants pay all utilities. An on-site laundry mat adds additional resident convenience.

The complex sits on approximately 2 acres and was built in 1986. Water service and sewer are provided by the City, with public water and public sewer. The property is located within the City Limits of Lucedale and is described as being minutes from shopping, hospitals, and downtown Lucedale. The offering is listed with 100% tenant occupancy.

For tenant-ready setup, this community combines a renovated unit interior with utility responsibility on the tenant side and practical on-site amenities, supporting straightforward day-to-day operations for an owner-managed or investor-held portfolio.

Key Highlights

  • Renovated in 2025 down to the stud walls
  • 24 total units: 16 two‑bedroom and 8 one‑bedroom
  • On approximately 2 acres with dedicated parking for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Bakery 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.

Lease Details

24
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 39452, MS

28,668
Population
12,267
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
89%
High-School Grad
535.2 sq mi
ZIP Area
54
Density / Sq Mi
$57,300
Median Household Income
$41,831
Median Earnings
$867
Median Rent
$166,600
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 - Remodeled 24-unit multifamily property on approximately 2 acres with public water and sewer and dedicated parking for each unit.
Where is this apartment building located?
The property is located at 15269 Highway 613 Lucedale, MS.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Renovated in 2025 down to the stud walls; 24 total units: 16 two‑bedroom and 8 one‑bedroom; On approximately 2 acres with dedicated parking for each unit
More about this property
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