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22-Unit Brick Duplex Portfolio
For Sale
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2516 Southern Heights Rd, Tupelo, MS 38801

Brick rental duplex portfolio with updated interiors, appliances, roofs, and flooring across several buildings.

Property SizeContact for details
Days on Market145

Property Features for 2516 Southern Heights Rd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Tyler Tapley · License #TN 296080
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:35AM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This residential rental portfolio includes 22 duplex buildings with 44 total units, each configured with two bedrooms and two bathrooms. The buildings feature brick exteriors, and several units or buildings have received improvements including new appliances, interior paint, replacement roofs, and LVP flooring.

The property is located at 2516 Southern Heights Rd in Tupelo, Mississippi, in a quiet residential setting adjacent to Theron Nichols Park and its large green space. The combination of duplex-scale buildings, established exterior construction, and documented updates provides a straightforward multifamily configuration for continued rental use.

Key Highlights

  • 22 duplex buildings containing 44 total rental units
  • Every unit includes 2 bedrooms and 2 bathrooms
  • Brick exterior construction

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 38801, MS

29,795
Population
13,717
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
73.0 sq mi
ZIP Area
408
Density / Sq Mi
$63,447
Median Household Income
$35,596
Median Earnings
$954
Median Rent
$187,600
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?
Duplex - Brick rental duplex portfolio with updated interiors, appliances, roofs, and flooring across several buildings.
Where is this duplex located?
The property is located at 2516 Southern Heights Rd Tupelo, MS.
What are key features of this property?
This property features: 22 duplex buildings containing 44 total rental units; Every unit includes 2 bedrooms and 2 bathrooms; Brick exterior construction
(901) 871-1290 Call to check price and availability
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