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1300 Roosevelt Avenue, Greenwood, MS 38930 (MLS# 4159781)

1300 Roosevelt Avenue, Greenwood, MS 38930

New Listing
$1,000,000
Property Type: Res Income Multi-Fam Bedrooms: 96 Square Footage: 15,532 Lot Size (sq. ft.): 130,680 Status: Active
Current Price: $1,000,000 List Date: 8/20/2026 Last Modified: 8/20/2026

Overview

Description

David Jordan Apartments - Phase I presents an excellent investment opportunity featuring 40 income-producing units: 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments. Extensive renovations have brought the property up to current code standards, making it suitable for Section 8 participation or private-market leasing. All units are currently rented at private-market rates. Each apartment features a spacious 6'10" × 34' covered front porch and was constructed to ADA-accessible specifications. Additional amenities include a playground, paved parking and a separate management office for an on-site manager. This renovated, fully occupied apartment community offers immediate income with professional on-site management capabilities.

Listing Details MLS# 4159781

General Property Information

# of Units Included in Sale
40
Approx Lot Size Acres
3
Approx H/C SqFt
15532
SqFt Source
Public Records
List Price/SqFt
64.38
Year Built Known
Yes
Year Built
1999
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
96
Bathrooms Full
96
Furnished
No
Pool
No
School District
Greenwood Public
Accessibility Features
Yes
Complex Name
David Jordan Apartment, Phase I
New Construction
No
Property Condition
Updated/Remodeled
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Architectural Style: Other Lot Features: City Lot Levels: Two Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes Tenant Pays: All Utilities; Trash Collection Interior Features: Ceiling Fan(s) Fireplace Features: None Appliances: Gas Range; Gas Water Heater; Refrigerator Walls - Interior: Sheetrock Flooring: Carpet; Vinyl Window Features: Blinds Laundry Features: Gas Dryer Hookup; Washer Hookup Accessibility Features: Accessible Doors Security Features: None Cooling: Central Air; Electric Heating: Central Utilities: Cable Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional; Other Roof: Shingle Exterior Features: Lighting; See Remarks Patio And Porch Features: Porch Driveway Features: Paved Drive Parking Features: On Site; Parking Lot; Paved Waterfront Features: None Flood Insurance: See Remarks Water Heater: Natural Gas Lease Term: Month To Month; 12 Months Disclosures: As Is Approx Age Code: See Remarks Parking Spaces: 2 Space Unit Available Documents: Tax Info; Topography Map

Address and Location Information

Street Number
1300
Street Name
Roosevelt
Street Suffix
Avenue
County
Leflore
State
MS
Zip Code
38930
Parcel Number
10015041100320
Subdivision
Metes And Bounds
Directions to Property
Main Street to South St to Avenue E
Community Of
N/A

Listing Information

Listing Service
Full Service
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
7457
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
Yes
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
A TRACT OF LAND SITUATED SOUTH OF BLOCK 23 OF THE WHITTINGTON ADD LYING IN N1/2 OF SE1/4 S15 T19 R1

Waterfront Features

Waterfront
No
None
Yes

More Information

Showing Requirements

Showing
Appointment Required

Attic Features

Attic
No

Basement Features

Basement
No

Unit 1

Rent
17000
Furnished
No
Leased
Yes
Occupied
Yes

Remarks & Miscellaneous

Public Remarks
David Jordan Apartments - Phase I presents an excellent investment opportunity featuring 40 income-producing units: 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments. Extensive renovations have brought the property up to current code standards, making it suitable for Section 8 participation or private-market leasing. All units are currently rented at private-market rates. Each apartment features a spacious 6'10" × 34' covered front porch and was constructed to ADA-accessible specifications. Additional amenities include a playground, paved parking and a separate management office for an on-site manager. This renovated, fully occupied apartment community offers immediate income with professional on-site management capabilities.

Structure Type

Multi Family
Yes

Income & Expenses

Gross Operating Income
144322
Onsite Management
21600

Architectural Style

Other
Yes

Lot Features

City Lot
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Other
Yes

Interior Features

Ceiling Fan(s)
Yes

Utilities

Cable Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Repairs
Yes
Taxes
Yes

Tenant Pays

All Utilities
Yes
Trash Collection
Yes

Fireplace Features

None
Yes

Appliances

Gas Range
Yes
Gas Water Heater
Yes
Refrigerator
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Window Features

Blinds
Yes

Laundry Features

Gas Dryer Hookup
Yes
Washer Hookup
Yes

Accessibility Features

Accessible Doors
Yes

Security Features

None
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes
HardiPlank Type
Yes

Roof

Shingle
Yes

Exterior Features

Lighting
Yes
See Remarks
Yes

Patio And Porch Features

Porch
Yes

Driveway Features

Paved Drive
Yes

Parking Features

On Site
Yes
Parking Lot
Yes
Paved
Yes

Flood Insurance

See Remarks
Yes

Water Heater

Natural Gas
Yes

Available Documents

Tax Info
Yes
Topography Map
Yes

Disclosures

As Is
Yes

Approx Age Code

See Remarks
Yes

Parking Spaces

2 Space Unit
Yes

Uncovered Parking?

26-50 Spaces
Yes

Lease Term

Month To Month
Yes
12 Months
Yes
Listing Office: Powers Properties
Listing Agent: Pam Powers
Source MLS Verified
Last Updated: August - 20 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.