128-Unit Apartment Community in
For Sale
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1725 Dorchester Drive, Southaven, MS 38671
Multifamily property with Section 8 subsidy in Memphis MSA.
Property SizeContact for details
Days on Market207
Property Features for 1725 Dorchester Drive
General Information
Standard status
Active
Occupancy
94%
Building Details
Year Built
1974
Units
128
Listing Agency:
Newmark | Memphis
(901) 461-1431
Listed By:
Gray Fiser
Source:
Nmrk
Added: Jan 27
Changed: Aug 8
Last Checked: May 11 at 7:10AM
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 Newmark | Memphis
Investment Insights
Based on property information with market context.
Dorchester Place is a 128-unit apartment community located in the DeSoto County submarket of the Memphis MSA. 42% of the property, consisting of 54 units, operates under a Project-Based Section 8 rent subsidy program. The property is in close proximity to I-55, providing residents with convenient access to medical, logistics, and distribution jobs within the city.
Key Highlights
- 128‑unit apartment community.
- 42% of units (54 units) are under a Project‑Based Section 8 rent subsidy program, providing stable income.
- Located in the DeSoto County submarket of the Memphis MSA.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
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Business Placement
Demographics for 38671, MS
36,073
Population
15,565
Households
2.3
Avg Household Size
36
Median Age
21%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
1,625
Density / Sq Mi
$61,744
Median Household Income
$41,685
Median Earnings
$1,319
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with Section 8 subsidy in Memphis MSA.
Where is this apartment building located?
The property is located at 1725 Dorchester Drive Southaven, MS.
What are key features of this property?
This property features: 128‑unit apartment community.; 42% of units (54 units) are under a Project‑Based Section 8 rent subsidy program, providing stable income.; Located in the DeSoto County submarket of the Memphis MSA.
