$225,000
SOLD AUG 2, 2024
12 Beds
-- Bath
3,600 Sq Ft
0.29 Acres

Recently Sold

$62 Per Sq Ft

17% Below List Price

15 Days on Market

About This Home

As of March 2025

Unique opportunity to own this 4 bedroom apartment (8 total bedrooms)! Could be perfect for house hacking (live in one unit & rent the others) or investment. Each unit is 2 bedrooms & 1 bathroom & seller has made several improvements. Large, paved parking lot plus exterior & roof appear to be in good shape. ONLINE VIDEO AVAILABLE, This could easily generate $850 per unit or more. Owner is responsible for water. Property is currently fully vacant & being offered at a great price.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 06/21/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 06/21/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Vinyl Flooring
  • Crawl Space

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Mini Split Heat Pump
  • Heating System Uses Gas
  • Electric Water Heater

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: Apartment Building
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Freestanding: Yes
  • Price Per Sq Ft: 775862.07
  • Estimated Sq Ft: 3600
  • Year Built: 1950
  • Construction: Brick/Veneer
  • List Price/ Sq Ft: 75
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Concrete, Gravel

Utilities

  • Hot Water: Electrical, Public Water
  • Cooling Systems: Central
  • Heating Systems: Central, Gas, Individual Systems

Lot Info

  • Lot Number: 9
  • Acreage: 0.29
  • Lot Size: .29
  • Price Per Acre: 931034
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: Some Utilities

Tax Info

  • Assessor Parcel Number: 059056 00030

Multi Family

  • Total Number Of Units: 4
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 2
  • Number Other Units: 2
  • 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: 10175241

Memphis Area Association of REALTORS®