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4076 Ms-8, Cleveland, MS
$ 1,100,000
Property Attributes
  • MLS#4055083
  • TypeMulti-Family
  • CountyBOLIVAR
  • CityCleveland
  • NeighborhoodMetes And Bounds
  • Zip38732
  • Style
  • Year Built2021
  • Taxes$ 666
  • Price$ 1,100,000
  • Bedrooms17
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage7120
  • Lot Size4.82 Acres
Data Source:
MLS United
Property Description

Are you looking for an investment opportunity in Cleveland, MS? Consider this excellent Bolivar County property featuring seven rental units on a spacious 4.82+/- acre lot. The property is located on Highway 8 approximately one mile east of Highway 61. Three of the rental units are standalone brick homes, each offering 1,040+/- square feet, three bedrooms, two baths and a laundry room. The fourplex totals roughly 4,000 square feet of living space which adds further versatility to the property. Each unit contains 1,000+/- square feet, two bedrooms, one bathroom and a laundry room. With approximately 3 acres of buildable lot space, this property holds significant potential for expansion and development. Investors may consider constructing additional rental units or exploring other commercial or residential possibilities to maximize return. Currently, the property generates a monthly income of $6,600, making it a lucrative asset for investors seeking steady cash flow.Overall, this property offers a balanced blend of existing rental units and future development opportunities.

Price History
8/4/2023 Listed $1,100,000

General Features

Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Available,Sewer Available,Sewer Connected,Water Connected
Roof Architectural Shingles
Water Heater Electric
Pool Y/N No
School District Cleveland Dist
New Construction Yes
Subdivision Metes And Bounds
County Bolivar
Levels One
Property Type C
Property Condition New Construction
Accessibility Features No
Available Documents Maps,Marketing Package
Tax Year 2022
Parcel Number 33-15-646-00-00700,33-15-646-00-00701
Status Active
Year Built Source Owner
Year Built 2021
City Cleveland
Homestead Y/N No
Community Of N/A
Structure Type See Remarks
Street Name Ms-8
Flood Insurance Required? Subject to Survey

Interior Features

Furnished Y/N No
Unit 3 Appliances Range,Refrigerator
Unit 4 Appliances Range,Refrigerator
Unit 1 Appliances Range,Refrigerator
Unit 2 Appliances Range,Refrigerator
Total Floors 1
Unit 1: Furnished No
Unit 2: Furnished No
Unit 3: Furnished No
Unit 4: Furnished No
Unit 5: Furnished No
Unit 6: Furnished No
Unit 7: Furnished No
Unit 1: Full Baths 2
Unit 2: Full Baths 2
SqFt Source Appraiser
Unit 1: Bedrooms 3
Unit 2: Bedrooms 3
Unit 3: Bedrooms 3
Unit 4: Bedrooms 2
Unit 1: Rent 1000.00
List Price/SqFt 154.49
Unit 5 Appliances Range,Refrigerator
Unit 6 Appliances Range,Refrigerator
Unit 3: Full Baths 2
Unit 4: Full Baths 1
Unit 5: Full Baths 1
Unit 7 Appliances Range,Refrigerator
Unit 2: Rent 1000.00
Unit 3: Rent 1000.00
Unit 4: Rent 900.00

Exterior Features

Exterior Features None
Lot Features Cleared,Few Trees
Water Source Community,Separate Meters
Parking Features Concrete,Gravel
Foundation Slab
Lot Size Dimensions 1273'x165'
MLS Identifier 20210408200911641907000000
Street Number 4076
Waterfront Features: Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 38732

AVG $760K
AVG $6,977
AVG 222
Data Provided by Inside Real Estate®
Year Built
AVG 1992

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