$269,900
$30K PRICE DROP

Estimated payment $1,737/month

Total Views 17,476
4 Beds
-- Bath
2,106 Sq Ft
$128 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 2-minute walk to Riverview Park

About This Home

Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!

Listing Agent

Tonji Cromwell

eXp Realty, LLC License #300513 Listed on: 02/28/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • Spion Kop Blk 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035042 00003

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 747A
  • MAAR Subdivision Name: SPION KOP BLK 12
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 1226818.18
  • Estimated Sq Ft: 2106
  • Year Built: 1957
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Lot Info

  • Lot Number: 6&7
  • Acreage: 0.22
  • Lot Size: 100X100
  • Price Per Acre: 1226818
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 035042 00003

Multi Family

  • Total Number Of Units: 4
  • Number1 Bedroom Units: 4
  • Type of Unit: 1 BR - 1 Bath, Unfurnished

Map

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
05/06/2025 05/06/25 Price Changed $269,900 -6.9% $128 / Sq Ft
05/06/2025 05/06/25 Price Changed $290,000 -3.3% $138 / Sq Ft
02/28/2025 02/28/25 For Sale $300,000 +140.0% $142 / Sq Ft
06/06/2024 06/06/24 Sold $125,000 -26.5% $59 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $170,000 +78.9% $81 / Sq Ft
12/10/2020 12/10/20 Sold $95,000 -24.0% $45 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $125,000 +1462.5% $59 / Sq Ft
03/03/2017 03/03/17 Sold $8,000 -19.2% $4 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $9,900 -- $5 / Sq Ft
Source: Memphis Area Association of REALTORS®

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Source: Memphis Area Association of REALTORS®

MLS Number: 10190953

Memphis Area Association of REALTORS®