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Commercial Land for Sale in Collinsville, Mississippi
10200 Highway 491, Collinsville, MS 39325
$350,000
8 acres
pending
Under contract
This is a great investment opportunity. This 4 unit apartment complex located off Highway 19 South on Highway 491. It is currently at full occupancy and with each unit grossing $1,000 per month. Each unit has 2 beds and 1 bath. The end of the complex has a utility room where tenants can use the washer and dryer. Current owner does pay utilities which average 90-125 a month per unit. Don't miss this investment opportunity.
Location
- Street address
- 10200 Highway 491
- County
- Neshoba County
- Elevation
- 509 feet
Directions
Take highway 19 South out of Philadelphia Approximately 17 miles to the intersection of 491. turn left on 491 and travel approximately .6 miles and the apartments will be on your right.
Property details
- Acreage
- 8 acres
- MLS #
- EMR 25-244
- Posted
Property taxes
- 2024
- $2,532
Parcels
- 14200-36-012.001
Legal description
PT SW1/4 SW1/4B 2013 P2989
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Features
- Parking
Structure
- Heating
- Heat Pump, Hot Water
- Cooling
- Central Air
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 5, 2025 | Under contract | $350,000 | — | EMR |
| Aug 19, 2025 | Price drop | $350,000 | $35,000 -9.1% | EMR |
| Apr 2, 2025 | New listing | $385,000 | — | EMR |
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