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Quadplex with Four Detached Condos
For Sale
$2,300,000

402-408 Olive Branch Way, Oxford, MS 38655

MULTI_FAMILY - OXFORD, MS

Property Size8,000 SF
Price / SF$287.50
Days on Market137

Property Features for 402-408 Olive Branch Way

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SUBDIVISION COVENANT
Subdivision Rowandale
Elementary school district OXFORD
Middle school district OXFORD
High school district OXFORD
Standard status Active
Size 8,000 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Amenities

community pool
pickleball courts
inviting outdoor spaces

Building Details

Year built 2007
Number of units 4
Building materials Stone
Listing Agency: Oxford Real Estate Collective
Listed By: O'Keefe Graham
Added: Apr 7 Changed: Aug 2 Last Checked: Aug 21 at 11:06PM
MLS# 167084

Copyright © 2026 North Central Mississippi 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 quadplex consists of four detached condo units in the Rowandale community, located at 402, 404, 406, and 408 Olive Branch Way. The units are described as fully rented and consistently occupied, supporting a low-maintenance ownership profile. The property features stone construction and was built in 2007.

Each unit is served by public water and public sewer, with central heating and electric central air conditioning. Residents also have access to community amenities including a pool and pickleball courts, along with outdoor spaces.

Zoning is listed as a subdivision covenant. The location is noted as being just minutes from campus within the Rowandale community, aligning well with tenant demand for convenient access.

Key Highlights

  • Four detached condo units: 402, 404, 406, and 408 Olive Branch Way
  • Built in 2007 with stone construction
  • Central heating with electric central air conditioning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Furniture & Home Goods Auto Parts 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 38655, MS

44,153
Population
25,173
Households
1.8
Avg Household Size
32
Median Age
48%
College-Educated
92%
High-School Grad
362.1 sq mi
ZIP Area
122
Density / Sq Mi
$64,423
Median Household Income
$35,750
Median Earnings
$1,100
Median Rent
$275,500
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?
Quadplex - Quadplex in the Rowandale community with four detached, fully rented condo units and shared pool and pickleball amenities.
Where is this quadplex located?
The property is located at 402-408 Olive Branch Way Oxford, MS.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four detached condo units: 402, 404, 406, and 408 Olive Branch Way; Built in 2007 with stone construction; Central heating with electric central air conditioning
More about this property
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