NOT LISTED FOR SALE

1070 Poplar Ave Memphis, TN 38105

Crosstown Neighborhood
140 Beds
-- Bath
39,902 Sq Ft
1.97 Acres

Last Sold June 28, 2019

Last sale price $1,970,000 $49 Per Sq Ft

117 Days on Market

Highlights

  • 1.97 Acre Lot
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of June 2019

This 72 unit building is located near the Midtown Medical Center. The building consist of 68-2br and 4-1br units, and is currently 25% occupied and is in the process of being rehabbed. The total scheduled monthly income is 43000. 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: 12/12/2018

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 12/12/2018

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 1.97 Acre Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 39,902 Sq Ft Home
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020091 00002C

Community Details

Overview

  • Harvey Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1966

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: 60
  • Price Per Sq Ft: 1000000
  • Estimated Sq Ft: 39902
  • Year Built: 1966
  • Construction: Brick/Veneer
  • List Price Per Unit: 33333.33
  • Special Features: None
  • Property Sub Type: Detached

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

Lot Info

  • Lot Number: 2
  • Acreage: 1.97
  • Lot Size: 144.83/111.75 X 671.5 IRR/671.5
  • Price Per Acre: 1218274
  • Improved Sq Ft: 48800
  • Land Sq Ft: 39902

Rental Info

  • Actual Annual Rent: 438600
  • Tenant Pays: Some Utilities

Tax Info

  • Assessor Parcel Number: 020091 00002C

Multi Family

  • Perc Occ: 41
  • Total Number Of Units: 72
  • Number1 Bedroom Units: 4
  • Number2 Bedroom Units: 68
  • 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
06/28/2019 06/28/19 Sold $1,970,000 -17.9% $49 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $2,400,000 -8.7% $60 / Sq Ft
02/22/2019 02/22/19 For Sale $2,628,000 0.0% $66 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $2,628,000 +115.3% $66 / Sq Ft
12/30/2015 12/30/15 Sold $1,220,394 -28.8% $11 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $1,715,000 -- $15 / 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: 10042382

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38105 Crosstown

1070 Poplar Ave, Memphis, TN

This home is located at 1070 Poplar Ave, Memphis, TN 38105 since 12 December 2018. This property was built in 1966. 1070 Poplar 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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