NOT LISTED FOR SALE

1043 College St Memphis, TN 38106

South Memphis Neighborhood
35 Beds
-- Bath
15,000 Sq Ft
0.68 Acres

Last Sold July 01, 2022

Last sale price $1,200,000 $80 Per Sq Ft

Highlights

  • Efficiency Studio
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Tile Flooring
  • Laundry Facilities
  • 2-minute walk to Chandler Park

About This Home

As of July 2022

Cash Flow Property. 20 Units Apartment complex, COMPLETELY renovated and new EVERYTHING in the last 5 Years. Currently all Occupied. 1 Studio, 3 1/1 and 16 2/1 units.

Last Agent to Sell the Property

Crystal Tu

BHHS Taliesyn Realty License #325294 Listed on: 03/06/2022

BHHS Taliesyn Realty

Last Buyer's Agent

Jessica Sewell

Prime Real Estate Group License #362061

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1959

Lot Details

  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Plaster

Interior Spaces

  • 15,000 Sq Ft Home
  • Efficiency Studio
  • Cooktop
  • Fire and Smoke Detector

Flooring

  • Partially Carpeted
  • Tile

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, security deposit, pet depost
  • Assessor Parcel Number 014020 00001

Community Details

Overview

  • 3 Buildings
  • 20 Units
  • Lenow Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 747B
  • MAAR Subdivision Name: Lenow
  • Freestanding: Yes
  • List Price Per Sq Ft: 120
  • Estimated Sq Ft: 15000
  • Year Built: 1959
  • Construction: Brick
  • List Price Per Unit: 90000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Tile, Partial Carpet, Plaster
  • Appliances Equipment: Refrigerator, Cooktop/Wall Oven, Smoke Detector(s)

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Shingle/Shake
  • Miscellaneous Exterior: Partically Fenced

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, 1 Per Unit

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Common Laundry

Lot Info

  • Lot Number: 4
  • Lot Size: .688 Acre

Rental Info

  • Actual Annual Rent: 156360
  • Tenant Pays: All Utilities, Security Deposit, Pet Depost
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 014020 00001

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 20
  • Number1 Bedroom Units: 3
  • Number2 Bedroom Units: 16
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
07/01/2022 07/01/22 Sold $1,200,000 -33.3% $80 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $1,800,000 -35.7% $120 / Sq Ft
03/06/2022 03/06/22 For Sale $2,800,000 +2566.7% $187 / Sq Ft
08/18/2016 08/18/16 Sold $105,000 -41.3% $9 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/03/2015 07/03/15 For Sale $179,000 -- $15 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Crystal Tu

    Seller's Agent in 2022

    Crystal Tu

    BHHS Taliesyn Realty

    (901) 218-8830

    2 in this area

    19 Total Sales

    Crystal Tu
    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Sewell

    Prime Real Estate Group

    (208) 620-8283

    3 in this area

    36 Total Sales

    Jessica Sewell
    Section Image
  • Jeffrey Moore

    Seller's Agent in 2016

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    4 in this area

    88 Total Sales

    Jeffrey Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118924

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38106 South Memphis

1043 College St, Memphis, TN

This home is located at 1043 College St, Memphis, TN 38106 since 06 March 2022. This property was built in 1959. 1043 College St is a home located in Shelby County with nearby schools including Cummings K-8, Booker T. Washington Middle & High School, and Memphis Delta Preparatory Charter School.

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