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    Hernando, MS
    Multifamily

    Hernando, MS Multifamily Properties for Sale

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    Jackson, MS Lake Cormorant, MS Southaven, MS Horn Lake, MS Olive Branch, MS Coldwater, MS Walls, MS Lake, MS
    OR‑Zoned Home with Duplex Potential – Front Unit Finished, Back Unit Prepped
    Updated: Aug 21
    OR‑Zoned Home with Duplex Potential – Front Unit Finished, Back Unit Prepped

    1416 Memphis St, Hernando, MS 38632

    $450,000
    1,600 sqft 0.50 AC lot
    Room Highlights front Living Area: Bright, open, move‑in Ready front Bedrooms: Spacious with good natural Light front Bathroom: Updated Back Area: Ready for kitchen + bathroom Finishing back Entrance: Private, ideal for second unit or office
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    Mobile Home and RV Park
    Updated: Aug 14
    Mobile Home and RV Park

    4832 Hwy 51 S, Hernando, MS 38632

    $1,200,000
    Mobile home and RV park property
    Year built: 2018
    Zoning: A
    Bank‑owned asset
    4832 Hwy 51 S, Hernando, MS 38632
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Hernando, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Leased Two-Unit Duplex
    Leased Two-Unit Duplex

    4481-4483 Sumners Wells Rd, Memphis, TN 38118

    $130,000
    1,634 sqft

    Both residences are leased and feature separate living and dining areas, shaker cabinetry, tile backsplashes, and LVP flooring.

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    Apartment Building with Central HVAC
    Apartment Building with Central HVAC

    1283 East Raines Road, Memphis, TN 38116

    Contact for pricing

    Multifamily property with in-unit stoves and refrigerators serving a diversified apartment mix.

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    Development Land I-55 Visibility
    Development Land I-55 Visibility

    55 Church Road East, Southaven, MS 38671

    Contact for pricing

    Cleared land with I-55 visibility, suitable for various developments.

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    128-Unit Apartment Community in Southaven
    128-Unit Apartment Community in Southaven

    1725 Dorchester Drive, Southaven, MS 38671

    Contact for pricing

    Multifamily property with Section 8 subsidy in Memphis MSA.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    3.81 Acre Development Land
    3.81 Acre Development Land

    3023 Lamar Ave, Memphis, TN 38114

    $200,000
    3.81 AC lot

    3.81 acre parcel suited for Tiny Home or Multifamily development.

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    12 Acres of Scenic Land
    12 Acres of Scenic Land

    12 Acres Wall Hill Farms Road, Byhalia, MS 38611

    $107,900
    12.00 AC lot

    A 12-acre retreat with rolling hills and serene scenery.

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    Land For Sale in Como
    Land For Sale in Como

    90 Bull Horn Road, Como, MS 38619

    $30,000
    1.50 AC lot

    1.5 acres of land suitable for residential development.

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    Hernando, MS Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Hernando, MS on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for multifamily properties in Hernando, MS start at $450,000, averaging $825,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +12.8%
    Median Household Income $90,277
    College Educated 49.2%

    High-Yield Neighborhoods for Investment

    Identify Hernando submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38632 $825K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeSoto County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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