Residential Income

Southaven, MS Residential Income Properties for Sale

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Horn Lake, MS Hernando, MS Memphis, TN Walls, MS Lake Cormorant, MS Olive Branch, MS
Development Land I-55 Visibility
Updated: Mar 25
Development Land I-55 Visibility

55 Church Road East, Southaven, MS 38671

Contact for pricing
Excellent visibility and access from I‑55, ideal for high‑traffic businesses.
Land is cleared with detention infrastructure in place, reducing initial development costs.
Many public incentives available, including Metropolitan District and Opportunity Zone benefits.
Church Rd to be widened to 8 lanes by 2023, improving accessibility and future traffic flow.
Suitable for a wide range of developments: Grocery anchored retail, Big Box retail, Entertainment, Hotel, Office, Multi‑Family Lofts, Assisted Living, Mixed Use Development and Restaurants.
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128-Unit Apartment Community in Southaven
Updated: Jan 27
128-Unit Apartment Community in Southaven

1725 Dorchester Drive, Southaven, MS 38671

Contact for pricing
128‑unit apartment community.
42% of units (54 units) are under a Project‑Based Section 8 rent subsidy program, providing stable income.
Located in the DeSoto County submarket of the Memphis MSA.
Close proximity to I‑55 allows easy access to jobs.
Access to medical, logistics, and distribution jobs.
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2 active listings match your search: Residential Income for sale in Southaven, MS. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Renovated Duplex
Renovated Duplex

3250 Edenshire Lane, Horn Lake, MS 38637

$183,900
1,439 sqft 0.09 AC lot

A fenced backyard and covered front patio extend the property’s usable outdoor space.

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Leased Two-Unit Duplex
Leased Two-Unit Duplex

4481-4483 Sumners Wells Rd, Memphis, TN 38118

Transformations Economic and Comm. Development
$130,000
2 units  1,634 sqft  Built 1974  Multi-tenant
100% occupied / $18,000 gross income

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

2 x 2BR/1BA
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26-Unit Apartment Community
26-Unit Apartment Community

1763 E Raines Rd, Memphis, TN 38116

Greater Whitehaven Economic Development Corp.
$1,775,000
26 units
6.4% cap rate  Highway access

The community combines individually metered utilities, an on-site laundry facility, and recent exterior and security upgrades.

On-site laundry facility
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Apartment Building with Central HVAC
Apartment Building with Central HVAC

1283 East Raines Road, Memphis, TN 38116

Greater Whitehaven Economic Development Corp.
Contact for pricing
16 units

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

12 x 2BR  4 x 1BR
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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.

Horn Lake Land with Pond
Horn Lake Land with Pond

Horn Lake Rd lot: 4, Horn Lake, MS 38637

$135,000
6.49 AC lot

6.49-acre Horn Lake parcel with pond and utilities.

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Residential Land in Nesbit, MS
Residential Land in Nesbit, MS

STARLANDING Rd lot: 0002, Nesbit, MS 38651

$149,900
17.16 AC lot

17.16 acres for home site or single-family development.

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Residential Land in Gated Community
Residential Land in Gated Community

305 NICOLET St lot: 23, Memphis, TN 38109

$49,900
1.02 acres

1.02 acre lot in Memphis gated community.

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Land in Lake Cormorant, MS
Land in Lake Cormorant, MS

3197 # 5 N Fogg Road lot: 5, Lake Cormorant, MS 38641

$74,900
2.27 AC lot

2.27 acre lot, perfect to build your dream home.

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Off-Market Properties in Southaven, MS

Consider similar Off-Market properties in Southaven, MS. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Southaven, MS Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Southaven, MS on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1

Demographics Overview

Population 53K
Population Growth (5Y) +8.1%
Median Household Income $76,428
College Educated 39.9%

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)

Property Size Breakdown

The majority of commercial real estate listings in Southaven fall within the 100,000+ square foot range.

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