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Three-Home Multifamily Property
For Sale
$125,000

2269 Old Mobile Hwy, Lucedale, MS 39452

Three separate residences on one parcel, including an occupied two-bedroom mobile home and a fenced backyard at the main residence.

Property Size1,420 SF
Lot Size1.22 Acres
Price / SF$88.03
Days on Market36

Property Features for 2269 Old Mobile Hwy

General Information

Standard status Active
Size 1,420 SF
Lot size 1.22 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence some updates and renovations

Units

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

Building Details

Year Built 1967
Buildings 3
Listing Agency: Better Homes & Gardens RE Traditions
Listed By: Nikki Merritt · License #S50782
Source: Fiorellaavenue
Added: Jul 27 Changed: Aug 30 Last Checked: Aug 30 at 8:03PM

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 Better Homes & Gardens RE Traditions

Investment Insights

Based on property information with market context.

This multifamily property comprises three separate residences on approximately 1.22 acres, with each home carrying its own address. The primary house contains 1,420 square feet, two bedrooms, one bathroom, a fenced private backyard, and an exterior storage shed. A second residence is a two-bedroom, two-bathroom mobile home occupied by a long-term tenant. The third dwelling offers two bedrooms, one bathroom, and approximately 900 square feet.

The property is located at 2269 Old Mobile Hwy in Lucedale, Mississippi. The main home was built in 1967. Multiple dwellings and separate addresses provide a varied residential configuration, while the existing tenant-occupied mobile home adds an established rental component.

Key Highlights

  • Three separate residences situated on approximately 1.22 acres
  • Primary home measures 1,420 square feet with 2 bedrooms and 1 bathroom
  • Second residence is a 2‑bedroom, 2‑bathroom mobile home with a long‑term tenant

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

19
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?
Multifamily property - Three separate residences on one parcel, including an occupied two-bedroom mobile home and a fenced backyard at the main residence.
Where is this multifamily property located?
The property is located at 2269 Old Mobile Hwy Lucedale, MS.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three separate residences situated on approximately 1.22 acres; Primary home measures 1,420 square feet with 2 bedrooms and 1 bathroom; Second residence is a 2‑bedroom, 2‑bathroom mobile home with a long‑term tenant
More about this property
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