$405,000
SOLD MAR 7, 2025
8 Beds
-- Bath
3,600 Sq Ft
0.29 Acres

Recently Sold

$112 Per Sq Ft

6% Below List Price

7 Days on Market

About This Home

As of March 2025

Investors. Recently renovated multi-family 4-plex with each unit is 2bedroom 1 bath 900sqft. Features new LVP floor, paint, updated electrical, plumbing and central HVAC with permits. Tons of parking. Freshly painted kitchen cabinets, new windows, roof, updated bathroom and more. Don't miss out on this perfect mulit-family cash-flowing machine. All units vacant. Market rent: $1000-$1100 per unit Metal gate is being repaired and we are adding a motor with remote controls.

Last Agent to Sell the Property

Mario Jaramillo

REMAX Experts License #357389 Listed on: 02/14/2025

REMAX Experts

Last Buyer's Agent

Meredith Ewen

Keller Williams License #363412

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Composite

Interior Spaces

  • 3,600 Sq Ft Home
  • Laminate Flooring
  • <<builtInRangeToken>>

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Mini Split Heat Pump
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Quality Homes Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 059056 00030

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Freestanding: Yes
  • Price Per Sq Ft: 1396551.72
  • Estimated Sq Ft: 3600
  • Year Built: 1950
  • Construction: Wood/Composition
  • List Price/ Sq Ft: 119
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floors/Ceilings: Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: House System
  • Cooling Systems: Central
  • Heating Systems: Gas, Individual Systems
  • Laundry: Dryer in Unit, Washer in Unit

Lot Info

  • Lot Number: 9
  • Acreage: 0.29
  • Lot Size: .29 Acres
  • Price Per Acre: 1482759
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: Some Utilities

Tax Info

  • Assessor Parcel Number: 059056 00030

Multi Family

  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

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Range of Values:

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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
03/07/2025 03/07/25 Sold $405,000 -5.8% $113 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $430,000 +91.1% $119 / Sq Ft
08/02/2024 08/02/24 Sold $225,000 -16.7% $63 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $270,000 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10190076

Memphis Area Association of REALTORS®