4507 Highland Park Drive, Meridian, MS 39307 (MLS# 4045481)

4507 Highland Park Drive, Meridian, MS 39307

$1,120,000

Property Type: Res Income Multi-Fam Bedrooms: 63 Square Footage: 28,636 Lot Size (sq. ft.): 171,626 Status: Closed

Current Price: $1,120,000 List Date: 4/21/2023 Last Modified: 8/12/2026

Overview

Description

This is a portfolio comprised of 31 residential dwellings situated in Meridian, Mississippi. It includes 13 single-family houses and 7 multi-plex units, presenting a valuable opportunity for wise investment. The properties are conveniently located within the Meridian city limits, all within a 5-mile radius of each other and in close proximity to various amenities such as industries, community colleges, hospitals, shopping centers, parks, schools, and government offices. Additionally, the neighborhoods are clean and well-maintained, with dependable tenants and efficient property management staff already in place. As a result, this investment provides an instant cash flow with the potential for growth. Call NOW for more information on this investment portfolio.

Listing Details MLS# 4045481

General Property Information

# of Units Included in Sale: 31
Approx Lot Size Acres: 3.94
Approx H/C SqFt: 28636
SqFt Source: See Remarks
List Price/SqFt: 47.14
Year Built: 1965
Year Built Source: See Remarks
Total Floors: Yes
Bedrooms Total: 63
Bathrooms Full: 33
Bathrooms Half: Yes
Furnished: No
Accessibility Features: No

Property Features

Structure Type: Multi Family Levels: One Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Taxes; Trash Collection; Water Tenant Pays: Electricity Appliances: Free-Standing Gas Range; Microwave; Refrigerator Cooling: Central Air Heating: Central Utilities: See Remarks Sewer: Public Sewer; See Remarks Water Source: Public Foundation Details: See Remarks Listing Terms: 1031 Exchange; Cash; Conventional; Owner May Carry Roof: See Remarks Exterior Features: See Remarks Parking Features: See Remarks Community Features: Curbs; Park; Schools Nearby Lease Term: 12 Months Available Documents: Demographics; Leases; Marketing Package

Address and Location Information

Street Number: 4507
Street Name: Highland Park
Street Suffix: Drive
County: Lauderdale
State: MS
Zip Code: 39307
Parcel Number: 071-12-3-3350-000-00100
Subdivision: Metes And Bounds
Community Of: N/A

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 21632.53
Tax Year: 2022
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Annual Home Insurance: 13337.61
Leasehold Y/N: Yes
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: No
Legal Description: Multiple Listings. See Remarks

Status Change Info

Contract Date/Pending Date: 2023-04-25
Closing Date: 2023-07-21
Appraised SqFt: 28636
Sold Price/SqFt: 39.11

More Information

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required
Appointment Phone: (228) 305-0612

Documents

Exemption ›

Listing Office: Coldwell Banker Alfonso Realty-OS-B/O

Listing Agent: Kim R Bush

Last Updated: August - 12 - 2026

4507 Highland Park Drive, Meridian, MS 39307 (MLS# 4045481)