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Rentals 135 Door Portfolio For Sale, Grenada, MS 38901

For Sale

$4,000,000

Estimated Payment

$ 20,776 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

Explore this Property

An incredible investment opportunity awaits in Grenada, MS! This 135-door rental portfolio offers a diverse mix of single-family homes, duplexes, and apartment units, making it an excellent choice for investors looking to expand their real estate holdings.For the first time in over 30 years, this 135-door rental portfolio in Grenada, MS, is available for purchase! Owned and managed by the same family for decades, this collection of single-family homes, duplexes, and apartment units has been a proven income producer. Now, the owners are ready to pass it along to the next investor to continue its success.This portfolio is already cash-flowing with significant upside potential. With strategic renovations and updates, there is an opportunity to increase rental rates, boost ROI, and maximize long-term value. Whether you're an experienced investor or looking to scale your rental holdings, this is a rare chance to acquire a well-established portfolio in a growing market. Contact the listing agent today for full financial details and investment analysis!
MLS# 11418296

Courtesy Of Coltmor Realty Co.

(662) 229-7003

Property Features

  • Architecture Style
    Other

Map and Directions

Directions to Rentals 135 Door Portfolio For Sale, Grenada, MS 38901

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prestige

(662) 562-5502
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,776
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $20,776

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Grenada Elementary School

Grades PK-5 Public School

Grenada, MS 38901 2 miles
250 pender dr

1890 total students
14:1 Student teacher ratio

School Details

Grenada Middle School

Grades 6-8 Public School

Grenada, MS 38901 0.7 miles
28 jones rd

939 total students
16:1 Student teacher ratio

School Rating: B-

School Details

Grenada High School

Grades 9-12 Public School

Grenada, MS 38901 0.5 miles
1875 fairground rd

1075 total students
19:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Grenada Vocational Complex 0.6 miles Public 9-12
Kirk Academy 1.2 miles Private PK-12
Grenada Enrichment & Transition Cen 2.4 miles Public 6-12

Grenada Vocational Complex

Distance: 0.6 miles

Type Public

Grades: 9-12

Kirk Academy

Distance: 1.2 miles

Type Private

Grades: PK-12

Grenada Enrichment & Transition Cen

Distance: 2.4 miles

Type Public

Grades: 6-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Grenada, MS 38901

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Grenada, MS 38901

This community’s employment is highest in the production occupations and sales industries. The area’s overall household expenses are below the national average.

92° July
Hottest Average Month
32° January
Coldest Average Month
7,251 Total Households in Area
-2.7% Increase in population since the year 2010
27.4%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Grenada, MS 38901

Grenada, MS 38901 has a population of 17,634 people in 7,251 households with a median age of 39.6 years old.

-2.7%
Decrease in population
since the year 2010
Population is Trending down
7,573
Total households as of 2010
-1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.6 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 48%
Black 47%
Hispanic 1%
Other <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 48%, followed by Black at 47%, Hispanic at 1%, and Other at <1%.

Economics
for Grenada, MS 38901

69 /sq mi
Population Density
$48,765 /yr
Median Household Income
$0
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.08% of the households.

Transportation to Work

  • Drive 95%
  • Walk or Bike 4%
  • Work from Home 1%
  • Public Transit 0%

Occupancy by Type

Owned 5,109 61%
Rented 2,143 26%
Vacant 1,090 13%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Grenada, MS 38901

39.6 Median Age

Average Household Size

2.4
persons per
household

37.6%

Married Households

Community Population By Education

High School Graduate 31%
Some College 22%
Some High School 17%
Bachelors Degree 12%
Associates Degree 10%
Graduate Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.5% of households have children

Weather
for Grenada, MS 38901

The weather for this area ranges from a high of 92° F in July to a low of 32° F in January

92° July
Hottest Average Month
32° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
32°
53°
Feb
35°
58°
Mar
42°
66°
Apr
51°
75°
May
59°
82°
Jun
66°
89°
Jul
70°
92°
Aug
68°
91°
Sep
62°
86°
Oct
50°
77°
Nov
41°
65°
Dec
34°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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tour with a
personal guide

There's more to learn about Grenada, MS 38901!
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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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