Remodeled Apartment Building with
For Sale
$2,600,000
15269 Highway 613, Lucedale, MS 39452
Commercial Sale, Lucedale, MS
Property Size20,800 SF
Lot Size2.00 Acres
Price / SF$125
Days on Market47
Property Features for 15269 Highway 613
General Information
Property type
Commercial Sale
Property subtype
Apartment
Bedrooms
40
Bathrooms
24
Full bathrooms
24
Rooms
Bathroom 18, Bathroom 11, Bedroom 6, Bathroom 16, Bathroom 20, Bathroom 4, Bedroom 25, Bathroom 8, Bedroom 10, Bedroom 33, Bedroom 7, Bathroom 6, Bedroom 8, Bedroom 11, Bedroom 28, Bathroom 15, Bedroom 4, Bedroom 23, Bedroom 12, Bathroom 9, Bedroom 40, Bedroom 2, Bedroom 26, Bedroom 35, Bedroom 32, Bathroom 17, Bedroom 29, Bedroom 17, Bedroom 15, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 22, Bathroom 19, Bedroom 39, Bathroom 12, Bathroom 24, Bedroom 14, Bathroom 21, Bedroom 19, Bedroom 37, Bathroom 1, Bedroom 30, Bedroom 31, Bedroom 16, Bedroom 9, Bedroom 24, Bedroom 34, Bedroom 36, Bedroom 3, Bedroom 38, Bathroom 10, Bedroom 5, Bedroom 20, Bathroom 22, Bedroom 27, Bedroom 18, Bedroom 13, Bathroom 14, Bathroom 23, Bathroom 5, Bathroom 7, Bathroom 13, Bedroom 21
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 mat
dedicated parking
Building Details
Year built
1986
Floors in Building
2
Flooring type
Vinyl, Carpet
Roof type
Asphalt
Listing Agency:
Better Homes & Gardens RE Trad · Better Homes and Gardens Real Estate
(228) 285-7335
Listed By:
Janie L Grice · License #S49561
(601) 508-5322
Added: Jul 31
Changed: Sep 15
Last Checked: Sep 15 at 7:06AM
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 property comprises a 20,800-square-foot apartment complex on approximately 2 acres, originally built in 1986 and substantially renovated in 2025. The work extended to the stud walls. There are 24 apartments, including 16 two-bedroom units and 8 one-bedroom units, with vinyl and carpet flooring. Each apartment has dedicated parking, while tenants pay all utilities. An on-site laundry facility provides an additional income source.
The complex is within Lucedale city limits at 15269 Highway 613 and is served by public water and public sewer. Shopping, hospitals, and downtown Lucedale are located minutes away. The property is reported at 100% occupancy and a 7.49% cap rate.
The complex is within Lucedale city limits at 15269 Highway 613 and is served by public water and public sewer. Shopping, hospitals, and downtown Lucedale are located minutes away. The property is reported at 100% occupancy and a 7.49% cap rate.
Key Highlights
- 24 total apartment units across 16 two‑bedroom and 8 one‑bedroom homes
- Renovated in 2025 down to the stud walls; originally built in 1986
- 20,800 square feet on approximately 2 acres
Property Analytics
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Current Use
Lease Details
24
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated multifamily property with on-site laundry, dedicated parking, and public water and sewer.
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: 24 total apartment units across 16 two‑bedroom and 8 one‑bedroom homes; Renovated in 2025 down to the stud walls; originally built in 1986; 20,800 square feet on approximately 2 acres
