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Property profile & analytics
OFF-MARKET
Apartment buildings

315 Bolivar Ave Cleveland, MS 38732

1,496 SF 0.17 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 1,496 SF
Lot 0.17 ac (7,405 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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