NOT LISTED FOR SALE

520 Dexter Dr Flowood, MS 39232

Studio
-- Bath
66,092 Sq Ft
2.9 Acres

Last Sold April 05, 2013

62 Days on Market

Highlights

  • 2.9 Acre Lot
  • High Ceiling
  • Central Heating and Cooling System
  • Flowood Elementary School Rated A
  • Skylights
  • Wood Siding

About This Home

As of April 2013

This is an investor?s opportunity to own income producing property in an area gaining in value. Adjacent to Flowood?s medical community these 1/1 apartments offer upside potential with minor improvements. These 52 units are divided into 13 4-plexes and the street, Dexter Dr., is a cul de sac so traffic is limited. All units provide refrigerators in addition to washers and dryers. These units produce $525 - $535 per unit monthly and vacancies are consistently low. Appraisal shows Cap Rate of 9.44%. Be sure to see the aerial view to understand the true opportunity this property provides.

Last Agent to Sell the Property

Bret Baxter

Century 21 Prestige License #B-18261 Listed on: 01/11/2013

Last Buyer's Agent

Mack Heidelberg

Damon Wofford Realty, LLC License #S47449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,147

Year Built

  • Built in 1988

Lot Details

  • 2.9

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Skylights
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Recirculated Exhaust Fan
  • Plumbed For Ice Maker

Schools

  • Flowood Elementary School
  • Northwest Rankin Middle School
  • Northwest Rankin High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 2.9 Acre Lot

Community Details

  • 52 Units
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number F10I000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,147

Year Built

Built in 1988

Lot Details

2.9 Acres

Listing Details

  • Architectural Style: Other
  • Unit Levels: Two
  • Lot Size: 230X155X192X194 NE PT
  • Prop. Type: Residential Income
  • Year Built: 1988
  • Lot Size Acres: 2.9
  • Subdivision Name: Metes And Bounds
  • Directions: Flowood Dr. between River Oaks Hospital and Flynt Dr. Dexter on the north side of Flowood Dr.
  • Foundation Details:Concrete Perimeter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Exhaust Fan, Plumbed For Ice Maker
  • BasementFeaturesBasement: No
  • Interior Amenities: High Ceilings
  • Window Features: Skylight(s)
  • Community Features:None13: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Exhaust Fan3: Yes
  • Appliances:Plumbed For Ice Maker: Yes

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Asphalt Shingle
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Waterfront: No
  • Construction Type: Wood Siding, Other
  • Exterior Features:Lighting: Yes
  • Waterfront Features:None7: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Parking Features: On Site
  • Attached Garage: No
  • Parking Features:On Site: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Heating:Central: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: Flowood
  • High School: Northwest Rankin
  • Middle Or Junior School: Northwest Rankin Middle

Lot Info

  • Parcel #: F10I000021
  • Lot Size Sq Ft: 126324.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22147.0
  • Tax Year: 2011

Multi Family

  • Number Of Units Total: 52
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold -- -- --
03/15/2013 03/15/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $1,700,000 -- $26 / Sq Ft
Source: MLS United

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bret Baxter

    Century 21 Prestige

  • M

    Buyer's Agent in 2013

    Mack Heidelberg

    Damon Wofford Realty, LLC

See All Agents

Map

Source: MLS United

MLS Number: 1248704

MLS United
Mississippi Rankin County Flowood 39232

520 Dexter Dr, Flowood, MS

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

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