Renovation-Ready
For Sale
$79,000
Pending
640 S Magnolia, Laurel, MS 39440
Residential Income, LAUREL, MS
Property Size3,651 SF
Days on Market233
Property Features for 640 S Magnolia
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 5, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 2
Elementary school
Laurel City School District
Middle school
Laurel Middle School
High school
LAUREL
Subdivision
Laurel City
Standard status
Pending
Size
3,651 SF
Utilities
Heating system
Radiant
Cooling system
Window Unit(s)
Building Details
Year built
1935
Number of units
4
Listing Agency:
Vines Realty
(601) 261-3236
Listed By:
Heather Vines
(601) 463-0008
Added: Jan 15
Changed: Aug 19
Last Checked: Sep 5 at 6:06AM
MLS# 37342
Copyright © 2026 Laurel Board of 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 3,651-square-foot quadplex was built in 1935 and is being offered in as-is condition. The property requires additional work, with radiant heating and window-unit cooling serving the improvements. A replacement roof was completed in 2021, and plumbing updates were made in 2024.
Located at 640 S Magnolia in Laurel, Mississippi, the property is available for cash purchasers or may qualify for 203k renovation financing. Its existing multifamily configuration and documented improvements provide a clear starting point for a renovation-focused ownership plan.
Located at 640 S Magnolia in Laurel, Mississippi, the property is available for cash purchasers or may qualify for 203k renovation financing. Its existing multifamily configuration and documented improvements provide a clear starting point for a renovation-focused ownership plan.
Key Highlights
- 3,651 square feet of multifamily improvements
- Quadplex property in Laurel, MS
- New roof installed in 2021
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
Demographics for 39440, MS
19,759
Population
9,035
Households
2.2
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
17.7 sq mi
ZIP Area
1,116
Density / Sq Mi
$38,687
Median Household Income
$30,246
Median Earnings
$856
Median Rent
$112,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - As-is multifamily property with a 2021 roof and plumbing improvements completed in 2024.
Where is this quadplex located?
The property is located at 640 S Magnolia Laurel, MS.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 3,651 square feet of multifamily improvements; Quadplex property in Laurel, MS; New roof installed in 2021
