28-Unit Section 8 Apartment
For Sale
$1,500,000
411 Court St, Vaiden, MS 39176
Project-based assistance supports a 95% occupied affordable housing community.
Property Size22,561 SF
Lot Size3.44 Acres
Price / SF$66.49
Days on Market36
Property Features for 411 Court St
General Information
Standard status
Active
Size
22,561 SF
Lot size
3.44 Acres
Property subtype
Multi-Family
Zoning
R-4 Multifamily
Occupancy
95%
Additional Details
Highway Access
Yes
Multifamily Units
28
Building Details
Year Built
1981
Listing Agency:
Gene Adams Realty
(901) 461-4363
Listed By:
Gene E Adams · License #B24661
Source:
Fiorellaavenue
Added: Jul 27
Changed: Aug 29
Last Checked: Aug 30 at 8:06PM
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 Gene Adams Realty
Investment Insights
Based on property information with market context.
This 28-unit multifamily property in Vaiden, Mississippi, contains approximately 21,926 square feet across ±3.44 acres. Constructed in 1981, the community is designated R-4 Multifamily and operates under project-based Section 8 housing assistance. Occupancy is reported at 95%, with a HUD HAP contract extending through 2036.
The property is located at 411 Court Street in Carroll County’s county seat, with access to Highway 51 and Highway 35. Retail, medical, and educational amenities are located nearby. The combination of established multifamily improvements, regulated affordable housing, and a long-term HAP contract defines the asset’s operating profile.
The property is located at 411 Court Street in Carroll County’s county seat, with access to Highway 51 and Highway 35. Retail, medical, and educational amenities are located nearby. The combination of established multifamily improvements, regulated affordable housing, and a long-term HAP contract defines the asset’s operating profile.
Key Highlights
- 28‑unit project‑based Section 8 multifamily community
- Approximately 21,926 SF on ±3.44 acres
- 95% occupied
Property Analytics
Current Use
Lease Details
28
Residential units
95%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 39176, MS
2,099
Population
1,182
Households
1.8
Avg Household Size
44
Median Age
18%
College-Educated
76%
High-School Grad
135.1 sq mi
ZIP Area
16
Density / Sq Mi
$34,345
Median Household Income
$19,611
Median Earnings
$383
Median Rent
$88,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Project-based assistance supports a 95% occupied affordable housing community.
Where is this apartment building located?
The property is located at 411 Court St Vaiden, MS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 28‑unit project‑based Section 8 multifamily community; Approximately 21,926 SF on ±3.44 acres; 95% occupied
