102 Second Street, Cleveland, MS 38732

New Listing
$165,000
Property Type: Res Income Multi-Fam Bedrooms: 6 Square Footage: 2,475 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $165,000 List Date: 3/12/2026 Last Modified: 3/13/2026

Description

Investment opportunity in the heart of Cleveland, Mississippi. Located at 102 2nd Street, this 2,475 square foot triplex sits on a 0.50± acre lot in Bolivar County and is currently generating $1,450 per month in rental income. The property offers strong potential for investors seeking steady cash flow with additional room for expansion. The property features a paved parking lot, City of Cleveland water and sewer, and fiber internet access. The spacious lot provides room to build or add additional units, increasing future income potential. Conveniently located within the city limits of Cleveland, this multifamily property offers easy access to local amenities, shopping, and employment opportunities. Whether you are looking to expand your rental portfolio or secure a multifamily investment property, this triplex provides both income and upside potential. Call your favorite Realtor to schedule a private showing.

More Information MLS# 4142139

Address and Location Information

Parcel Number: 33-16-830-00-00501 PPIN: 7970 Directions to Property: Directions from the intersection of Highway 8 & 61: Head North for .2 miles and turn left onto 2ND Street, continue .1 miles and the property will be on the left. Community Of: N/A Street Number: 102 Street Name: Second Street Suffix: Street County: Bolivar State: MS Zip Code: 38732 Subdivision: Metes And Bounds

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-03-12 List Price: $165,000 Current Price: $165,000

General Property Information

New Construction: No # of Units Included in Sale: 3 Approx Lot Size Acres: 0.5 SqFt Source: Assessor List Price/SqFt: 66.67 Year Built Source: Assessor Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Furnished: No Accessibility Features: No Approx H/C SqFt: 2475 Year Built: 1988 Bedrooms Total: 6 Bathrooms Full: 3

Tax and Financial Information

Tax Annual Amount: 2130 Tax Year: 2025 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: Yes Legal Description: W 1/2 OF LOT 5 & 6 WILSON BROTHERS ADD CLEVELAND

Remarks & Miscellaneous

Public Remarks: Investment opportunity in the heart of Cleveland, Mississippi. Located at 102 2nd Street, this 2,475 square foot triplex sits on a 0.50± acre lot in Bolivar County and is currently generating $1,450 per month in rental income. The property offers strong potential for investors seeking steady cash flow with additional room for expansion. The property features a paved parking lot, City of Cleveland water and sewer, and fiber internet access. The spacious lot provides room to build or add additional units, increasing future income potential. Conveniently located within the city limits of Cleveland, this multifamily property offers easy access to local amenities, shopping, and employment opportunities. Whether you are looking to expand your rental portfolio or secure a multifamily investment property, this triplex provides both income and upside potential. Call your favorite Realtor to schedule a private showing.

Structure Type

Triplex: 1

Income & Expenses

Gross Operating Income: 17400

Lot Features

City Lot: 1 Corner Lot: 1

Covenants And Restrictions

Other: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required Appointment Phone: 6628202007

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Insurance: 1 Repairs: 1 Taxes: 1

Tenant Pays

All Utilities: 1

Cooling

Window Unit(s): 1

Heating

Separate Meters: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Board & Batten Siding: 1

Roof

Asphalt Shingle: 1 Flat: 1

Exterior Features

None: 1

Driveway Features

Concrete Drive: 1

Parking Features

Parking Total: 6

Property Features

Structure Type: Triplex Lot Features: City Lot; Corner Lot Levels: Two Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes Tenant Pays: All Utilities Covenants And Restrictions: Other Cooling: Window Unit(s) Heating: Separate Meters Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Asphalt Shingle; Flat Exterior Features: None Driveway Features: Concrete Drive
Listing Office: Smalltown Hunting Properties &
Listing Agent: Billy Carpenter
Last Updated: March - 13 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.