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Four-Unit Detached Quadplex Package
For Sale
$2,300,000

402-408 Olive Branch Way, Oxford, MS 38655

Residential Income, OXFORD, MS

Property Size8,000 SF
Price / SF$287.50
Days on Market184

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 Central Air, Electric
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: Sep 13 Last Checked: Oct 7 at 6:06AM
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 Oxford property includes four detached condo units at 402, 404, 406, and 408 Olive Branch Way. The units total 8,000 square feet and were built in 2007, with stone construction, central heating, central air, and electric cooling. Public water and public sewer serve the property, while subdivision covenant zoning applies.

All four units are rented and consistently occupied. The Rowandale community provides residents with a pool, pickleball courts, and outdoor areas, and the property is located minutes from campus. The offering combines four separate residences within one property, with the units identified by their individual Olive Branch Way addresses.

Key Highlights

  • Four detached condo units at 402, 404, 406, and 408 Olive Branch Way
  • 8,000 square feet across units built in 2007
  • All four units are fully rented and consistently occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

4
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully rented condo units in Rowandale with access to a community pool, pickleball courts, and outdoor spaces.
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 at 402, 404, 406, and 408 Olive Branch Way; 8,000 square feet across units built in 2007; All four units are fully rented and consistently occupied
More about this property
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