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Five-Plex Apartment Building
For Sale
$298,000

180 Dogwood St, Hickory Flat, MS 38633

MULTI_FAMILY - Hickory Flat, MS

Property Size4,800 SF
Lot Size1.80 Acres
Price / SF$62.08
Days on Market69

Property Features for 180 Dogwood St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi Family
Directions Hwy 15 north, left on Hwy 2 and right on Roller Rd, then an immediate left. Property will be on the left. Straight across the rd from Flat Rock Baptist Church
Standard status Active
Size 4,800 SF
Lot size 1.80 Acres

Taxes and HOA fees

Tax Description parcel # 1-0860-16-000-001.06 ; PIn 24627 ; STR 16-05-02E
Tax Annual Amount 3545
Legal Description parcel # 1-0860-16-000-001.06 ; PIn 24627 ; STR 16-05-02E

Amenities

laundry room
Listing Agency: TM REALTORS
Listed By: Dennis Cox · License #S-49537
Added: Jun 1 Changed: Jul 27 Last Checked: Aug 8 at 10:06PM
MLS# 26-1970

Copyright © 2026 Northeast Mississippi Board of Realtors. 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.

This property is a five-plex apartment building under one roof, with each unit currently rented. There is an on-site laundry room available for residents. The offering includes a single parcel totaling 1.8 acres, providing space that may support additional rental development, subject to verification of all details.

The building is located at 180 Dogwood St in Hickory Flat, Mississippi, within Benton County. The listed zoning is Multi Family, aligning with the existing residential rental use.

For tenants seeking an established rental setting, the presence of five independently rented units and an on-site laundry room supports everyday convenience. For buyers or operators, the property’s fully rented structure can provide immediate income from the current occupancy, while the additional acreage offers potential to evaluate future multifamily additions under applicable approvals. All statements and measurements should be verified, as noted in the public remarks.

Key Highlights

  • 5‑plex under one roof with all units currently rented
  • On‑site laundry room included
  • Plenty of land available to add more rentals

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 38633, MS

2,240
Population
1,165
Households
1.9
Avg Household Size
43
Median Age
12%
College-Educated
81%
High-School Grad
100.1 sq mi
ZIP Area
22
Density / Sq Mi
$36,391
Median Household Income
$29,030
Median Earnings
$728
Median Rent
$108,800
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?
Apartment building - Five units are under one roof with on-site laundry, and additional land allows room to expand rental housing.
Where is this apartment building located?
The property is located at 180 Dogwood St Hickory Flat, MS.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 5‑plex under one roof with all units currently rented; On‑site laundry room included; Plenty of land available to add more rentals
More about this property
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