NOT LISTED FOR SALE

1055 Merriwether Ave Memphis, TN 38105

Crosstown Neighborhood
24 Beds
-- Bath
30,797 Sq Ft
1950 Built

Last Sold August 19, 2019

Last sale price $500,000 $16 Per Sq Ft

44 Days on Market

About This Home

As of August 2019

This recently rehabbed 16 unit building is located in the Midtown Medical Center area. The units are both 2BR 1BA AND 1BR 1 BATH with new roofing and central heat and air. The total scheduled monthly income is 9150. Drive by only. Please do not disturb residents. Inspection contingent upon acceptable offer!

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/29/2019

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/29/2019

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 176 x 175

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 30,797 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Free-Standing Range
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020091 00001

Community Details

Overview

  • Harvey Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 741E
  • MAAR Subdivision Name: HARVEY
  • Freestanding: Yes
  • List Price Per Sq Ft: 19
  • Number Of Stories: 2
  • Estimated Sq Ft: 30797
  • Year Built: 1950
  • Construction: Brick/Veneer
  • List Price Per Unit: 37187.5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 176 X 175
  • Improved Sq Ft: 11200
  • Land Sq Ft: 30797

Rental Info

  • Actual Annual Rent: 99360
  • Leaseable Sq Ft: 11200
  • Tenant Pays: Some Utilities

Tax Info

  • Assessor Parcel Number: 020091 00001

Multi Family

  • Perc Occ: 75
  • Total Number Of Units: 16
  • Number1 Bedroom Units: 8
  • Number2 Bedroom Units: 8
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

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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
08/19/2019 08/19/19 Sold $500,000 -16.0% $16 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $595,000 0.0% $19 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $595,000 +198.6% $19 / Sq Ft
12/30/2015 12/30/15 Sold $199,248 -28.8% $6 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $280,000 -- $9 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2019

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    2 in this area

    93 Total Sales

    Jeffrey Moore
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10044954

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38105 Crosstown

1055 Merriwether Ave, Memphis, TN

This home is located at 1055 Merriwether Ave, Memphis, TN 38105 since 29 January 2019. This property was built in 1950. 1055 Merriwether Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Central High School, and Southwest Early College High School.

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