502 Dorsett Drive, Indianola, MS 38751
New Listing
$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:
9/28/2026
Overview
Description
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
- New Construction
- No
- Property Condition
- Updated/Remodeled
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
Remarks & Miscellaneous
- Public Remarks
- 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
Current Use
- Multi-Family
- Yes
Structure Type
- Multi Family
- Yes
Possible Use
- Multi-Family
- Yes
Lot Features
- City Lot
- Yes
Levels
- Two
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Foundation Details
- Slab
- Yes
Roof
- Metal
- Yes
Driveway Features
- Concrete Drive
- Yes
Disclosures
- As Is
- Yes
Listing Office:
Tom Smith Land & Homes
Listing Agent:
Emerson Lovelace
Last Updated: September - 28 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.