315 Bolivar Ave Cleveland, MS 38732
This two-unit apartment building in Cleveland, Mississippi presents a compelling investment opportunity. Located at 315 S Bolivar Ave, 38732, this property boasts a total of 1,496 square feet situated on a 0.17-acre lot. Each of the two units offers a comfortable one-bedroom, one-bathroom layout, currently generating a combined monthly rental income of $1,400 ($700 per unit). The asking price for this multifamily property is $126,000. This represents a strong potential return on investment for savvy buyers looking to enter the Mississippi real estate market. The property's location in Bolivar County offers convenient access to local amenities and services. The building's solid construction and consistent rental income make it an attractive option for both seasoned investors and those new to the multifamily market. The property's size and layout are ideal for generating consistent rental income, with the potential for further appreciation in value. This is a turnkey investment opportunity ready for immediate income generation. Serious inquiries are encouraged to explore this promising investment prospect further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.