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6-Unit Apartment Building
For Sale
$350,000

302 Martin Luther King Drive, McComb, MS 39648

Renovated rental property with a mix of apartment layouts and shared laundry facilities.

Property Size5,000 SF
Price / SF$70
Days on Market38

Property Features for 302 Martin Luther King Drive

General Information

Standard status Active
Size 5,000 SF
Property subtype Multi Family Home
Zoning General Residence District

Units

Unit Mix 3 x 2BR, 2 x 1BR, 1 x studio
Multifamily Units 6

Additional Details

Gross Income $18,000
Tenant in Place Yes

Amenities

on-site laundry

Building Details

Building Size 5,000 SF
Year Built 1954
Units 6
Listing Agency: Hometown Realty, Inc
Listed By: Genia Harrison
Source: Brittbarnes
Added: Sep 30 Changed: Nov 4 Last Checked: Nov 6 at 4:44AM

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 Hometown Realty, Inc

Rey
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Investment Insights

Based on property information with market context.

This 5,000-square-foot apartment property was built in 1954 and contains six units: three two-bedroom apartments, two one-bedroom apartments, and one studio. Renovations across the units include updated electrical panels, plumbing, mini-split HVAC systems, kitchens, bathrooms, flooring, sheetrock, and fixtures. A shared laundry room has two washers and two dryers.

Five units are occupied. The property is zoned General Residence District and sits back from the street. The existing unit mix and on-site laundry are part of the current configuration.

Key Highlights

  • Six apartments: three 2‑bedroom units, two 1‑bedroom units, and one studio
  • 5,000 square feet; built in 1954
  • Renovations include electrical panels, plumbing, mini‑split HVAC, kitchens, bathrooms, flooring, sheetrock, and fixtures

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 39648, MS

21,831
Population
10,063
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
84%
High-School Grad
108.0 sq mi
ZIP Area
202
Density / Sq Mi
$40,773
Median Household Income
$29,227
Median Earnings
$870
Median Rent
$107,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated rental property with a mix of apartment layouts and shared laundry facilities.
Where is this apartment building located?
The property is located at 302 Martin Luther King Drive McComb, MS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Six apartments: three 2‑bedroom units, two 1‑bedroom units, and one studio; 5,000 square feet; built in 1954; Renovations include electrical panels, plumbing, mini‑split HVAC, kitchens, bathrooms, flooring, sheetrock, and fixtures
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