Search
Four-Unit Brick Multifamily Property
For Sale
$1,950,000
Pending

473 511 513 525 Olive Branch Way, Oxford, MS 38655

MULTI_FAMILY - OXFORD, MS

Property Size6,782 SF
Days on Market9

Property Features for 473 511 513 525 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 Pending
Size 6,782 SF

Utilities

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

Amenities

community pool
pickleball courts

Building Details

Year built 2013
Number of units 4
Building materials Brick
Listing Agency: Right-Way Realty
Listed By: April White
Added: Aug 14 Last Checked: Aug 22 at 3:06AM
MLS# 168217

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 multifamily package contains four townhouse/condominium residences totaling 6,782 square feet. Unit 473 is an attached three-level residence, while units 511, 513, and 525 are detached two-level homes. Two residences are leased, and two remain available for future leasing. The buildings were constructed in 2013 with brick exteriors, central electric heating, central air conditioning, public water, and public sewer. Zoning is identified as SUBDIVISION COVENANT.

The property is located near Ole Miss, shopping, dining, and other Oxford destinations. Rowandale provides access to a community pool and pickleball courts. The four-residence configuration offers an existing leased component alongside additional units within the same package.

Key Highlights

  • Four residences totaling 6,782 square feet
  • Two units leased; two additional units available for leasing
  • Unit 473 is an attached 3‑level townhouse/condo

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Auto Parts Store Grocery & Convenience Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

96
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Package combines leased and unleased residences with community pool and pickleball access in Oxford.
Where is this multifamily property located?
The property is located at 473 511 513 525 Olive Branch Way Oxford, MS.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four residences totaling 6,782 square feet; Two units leased; two additional units available for leasing; Unit 473 is an attached 3‑level townhouse/condo
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message