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502 Dorsett Drive, Indianola, MS 38751 (MLS# 4163840)

502 Dorsett Drive, Indianola, MS 38751

$1,275,000
Property Type: Commercial Sale Lot Size (sq. ft.): 52,272 Status: Active
Current Price: $1,275,000 List Date: 9/28/2026 Last Modified: 10/20/2026

Overview

Description

24 Unit Apartment Complex: Two Separate Buildings, 8 Two-Bedroom & 4 One-Bedroom in each building, Updated Kitchens & Bathrooms, Stainless Appliances, Granite & Concrete Countertops, Washer Dryer Hookups in each unit, Ceramic Tile Flooring, R3 - Multi-Family Zoning, 1.2 Acre Complex, Centrally Located, Excellent Condition, Financials Available

Listing Details MLS# 4163840

General Property Information

Approx Lot Size Acres
1.2
SqFt Source
Assessor
Year Built Known
Yes
Year Built
1975
Year Built Source
Assessor
Total Floors
2
School District
Sunflower Cty Cons
Accessibility Features
Yes
Property Sub Type
Apartment

Property Features

Current Use: Multi-Family Possible Use: Multi-Family Structure Type: Multi Family Lot Features: City Lot Levels: Two Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional Roof: Metal Driveway Features: Concrete Drive Disclosures: As Is

Address and Location Information

Street Number
502
Street Name
Dorsett
Street Suffix
Drive
County
Sunflower
State
MS
Zip Code
38751
Parcel Number
119g-29-00-023.00
PPIN
3119G-0009000-10000200
Community Of
N/A

Listing Information

Property Sub Type
Apartment
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
18953
Tax Year
2025
Flood Insurance Required?
No
Leasehold Y/N
Yes
Legal Description
1.2 ACC S/OF RD PT SW1/4 SW1/4 UNPLATTED LAND 29-19-04 INDIANOLA EASTWOOD APT. #2,3, & 4 OLD PCL:3119G0009000 10000200

Auction

Auction
No

More Information

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No
Listing Office: Tom Smith Land & Homes
Listing Agent: Emerson Lovelace
Source MLS Verified
Last Updated: October - 20 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.