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502 Dorsett Drive
Indianola MS 38751 US

$1,375,000

Active Listing ID 4055466
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40 bed
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24.00 Bath (24 Full)
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Lot: 1.20 Acres
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Multi Family

$1,375,000

Active Listing ID 4055466
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502 Dorsett Drive This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primedand 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 ofeach 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. Thereis 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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Property Features

  • Facts
  • Lot Size: 1.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Full Bathrooms: 24
  • Cooling System: Central Air
  • Exterior Finish: Awning(s)
  • Roof Type: Metal
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 1375000
  • unparsedaddress: 502 Dorsett Drive
  • postalcity: Indianola
  • stateorprovince: MS
  • country: US
  • postalcode: 38751
  • bathroomsfull: 24
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.2
  • lotsizeunits: Acres
  • lotsizearea: 1.2
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.460906
  • longitude: -90.641695
  • listagentfullname: Emerson Lovelace
  • listagentemail: emerson@tomsmithland.com
  • listagentkey: 3yd-MGCMLSMS-20230705185211315084000000
  • listagentmlsid: 20230705185211315084000000
  • listagentpreferredphone: 6624412500
  • listagentofficephone: 6624412500
  • listofficekey: 3yd-MGCMLSMS-20210820185741258254000000
  • listagentstatelicense: S49193
  • listofficemlsid: 20210820185741258254000000
  • disclaimer: Copyright © 2025 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MGCMLSMS
  • yearbuilt: 1975
  • listagenturl: https://www.TomSmithLandandHomes.com
  • countyorparish: Sunflower
  • parcelnumber: 119g-29-00-023
  • elementaryschooldistrict: Sunflower Cty Cons
  • middleorjuniorschooldistrict: Sunflower Cty Cons
  • highschooldistrict: Sunflower Cty Cons
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Central
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • exteriorfeatures: Awning(s)
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.64169, 33.460907
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Tom Smith Land and Homes", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"emerson@tomsmithland.com", "ListBrokerageCity":"Madison", "ListBrokerageCountry":"US", "ListBrokerageEmail":"tom@tomsmithland.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MGCMLSMS/4e56d381fdd111efa7060242ac110002/20250310214511663.png", "ListBrokerageName":"Tom Smith Land and Homes", "ListBrokeragePhone":"(601) 454-9397", "ListBrokeragePostalCode":"39110", "ListBrokerageStateOrProvince":"MS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"112 Village Blvd", "ListBrokerageWebsiteUrl":"https://www.TomSmithLandandHomes.com", "ListOfficeAddress1":"127 North Street, Ste A, Cleveland, MS 38732", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20210820194531879231000000", "ListOfficeCity":"Cleveland", "ListOfficeCountry":"US", "ListOfficeEmail":"tom@tomsmithland.com", "ListOfficePostalCode":"38732", "ListOfficeStateOrProvince":"MS", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Indianola, MS", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/502-Dorsett-Dr_Indianola_MS_38751_M86443-23734?f=listhub&s=MGCMLSMS&m=4055466&c=rexren", "MLSModificationTimestamp":"2025-08-19T07:04:07Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Multi Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18821, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/19/2025 2:32:53 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Emerson Lovelace, Tom Smith Land & Homes, emerson@tomsmithland.com

Copyright © 2025 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.