$550,000 · GREENVILLE, MS 38701
Works for flippers · Landlords would lose money

Available

$550,000Asking price

2 bd · 1 ba · 1,545 sq ft · built 1955

GREENVILLE, MS 38701

No contract on file

via InvestorLift Classic

Listed Sep 15

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $1,540,000
Asking price: −$550,000
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $18,000 – $37,500: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$83,073
Profit55.6% of ARV · flippers want 10%+: $856,927
Works

Works for a flipper up to $1,208,000.

OFFERPROP LLC

OfferProp

No reviews yet

Comps

Sales

Rents

ARV $1,540,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $13,000.

The sales behind this value are shown to members.

ARV $1,540,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OFFERPROP LLC

OfferProp

No reviews yet

Seller Description

9** S. Theobald Street, Greenville, MS 38701 Asking Price: $700,000 Estimated ARV: $1,260,000 - $1,540,000 Closing: October 23, 2026

20-unit multifamily portfolio sitting at 50% of ARV — this is a serious value-add play for investors ready to scale. Six units already rehabbed and ready to lease; 14 units remain, giving you instant equity and a clear path to full stabilization.

Property Snapshot

Property Type: Multi-Family (20 Units)

Bedrooms / Bathrooms: 2 Bed / 1 Bath per unit

Living Area: 1,545 Sq Ft per unit

Total Approx SF: 30,900 Sq Ft

Occupancy: All Vacant

Condition Overview

6 units fully rehabbed and move-in ready. 14 units need renovation — buyer to verify scope and condition. Good bones across the portfolio with strong upside once stabilized.

Why This Deal Works

• Acquired at ~50% of ARV — built-in equity from day one

• 6 rehabbed units = immediate rental income potential

• 14 remaining units = forced appreciation opportunity• Strong cash flow potential at $650–$850/mo per unit• Ideal BRRRR or portfolio-building play

Ideal for: Buy & Hold BRRRR Strategy Portfolio Investors

SUBMIT YOUR HIGHEST & BEST OFFER!

Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. OfferProp participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by OfferProp LLC. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.