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502 Dorsett Drive Indianola, MS $ 1,375,000
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$ 1,375,000 Get more info
502 Dorsett Drive
$ 1,375,000
Back to search
Share Save

502 Dorsett Drive

Indianola, MS, 38751
$ 1,375,000
Bedrooms40 Baths24.0

Monthly Estimate*

$ 8,578

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Single Family Home for sale in Indianola, MS

for $1,375,000 with 40 bedrooms and 24 full baths. This home was built in 1975 on a lot size of 1.2.

This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primed and ready to go to work for you! Each of the two buildings consist of four one bedroom units and eight two bedroom units. Recently renovated down to the studs of each unit, this property offers all the amenities your tenants will love, from stainless steel appliances, granite, and concrete countertops, brand new walls, tile floors, and completely new HVAC equipment. There is no other property in this condition in the area. The demand for rental units in Indianola is extremely high, and the quality supply is almost nonexistent. Crank this cash flow machine up and let it get to work!

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Single Family Active

Price

$ 1,375,000

Bedrooms

40

Full Bath

24

Property Type

Single Family

Taxes

$ 18,821

Style

Lot Size

1.2

Year Built

1975

Town/City

Indianola

County/Region

Sunflower

MLS | Web ID

4055466
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Roof Metal
Construction Materials Brick
Year Built 1975
Levels Two
Tax Year 2022
County Sunflower
New Construction N
Property Type Res Income Multi-Fam
HOA N
Attached Garage N
Subdivision Name Metes And Bounds
Garage Y/N N
Full Baths 24
Status Active
Directions Directions from the intersection of Hwy 82 and Hwy 49 Indianola MS: Travel west on Hwy 82 for 0.3 miles turn right onto Academy Drive in 0.2 miles turn left onto Dorsett Drive and in 0.2 miles the
City Indianola
Number Of Units Total 24
Lot Size Units Acres
Lot Size Square Feet 52272.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 18821.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/502-Dorsett-Drive-Indianola-MS-38751/unbranded
Structure Type Multi Family
Standard Status Active
Year Built Source Assessor
Legal Description 1.2 ACC S/OF RD PT SW1/4 SW1/4 UNPLATTED LAND 29-19-04 INDIANOLA
Senior Community None
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Exterior
Exterior Amenities Awning(s)
Parking Features Parking Lot
Water Source Public
Lot Size Area 1.2
Foundation Details Brick/Mortar
Spa N
Building Area Total 0.0
Lot Size Acres 1.2
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Furnished Y/N No
Basement (Y/N) N
Half Baths 0
Total Bedrooms 40
Total Baths 24
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Emerson Lovelace

Listing Agent

Tom Smith Land & Homes

Broker

tom@tomsmithland.com

Contact

Affordability Calculator

$10,147
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,578
Monthly Property Taxes
$1,568
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1580642 Elementary School
1580615 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/28/2024$1,375,000 -5.17% Price Down
4/16/2024$1,450,000 -9.09% Price Down
9/29/2023$1,595,000 -4.20% Price Down
8/8/2023$1,665,000 Listed Price

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502 Dorsett Drive, Indianola, MS, 38751 is a Single Family Home for sale at $1,375,000 with a lot size of 1.2. 502 Dorsett Drive has 40 bedrooms, 24.0 baths, and was built in 1975. The property's zip code is 38751 which is in Indianola, MS

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