1493 Gaither St Memphis, TN 38106
South Memphis NeighborhoodAbout This Home
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you’re expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
Parking
- Paved Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Laminate
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
- Greenland Hgts Subdivision
Listing and Financial Details
- Assessor Parcel Number 034060 00006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $519 | $56,080 | $5,040 | $51,040 |
| 2024 | $519 | $15,320 | $4,520 | $10,800 |
| 2023 | $933 | $15,320 | $4,520 | $10,800 |
| 2022 | $933 | $15,320 | $4,520 | $10,800 |
| 2021 | $944 | $15,320 | $4,520 | $10,800 |
| 2020 | $1,041 | $14,360 | $4,520 | $9,840 |
| 2019 | $459 | $14,360 | $4,520 | $9,840 |
| 2018 | $459 | $14,360 | $4,520 | $9,840 |
| 2017 | $470 | $14,360 | $4,520 | $9,840 |
| 2016 | $596 | $13,640 | $0 | $0 |
| 2014 | $596 | $13,640 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $275,000 | -27.6% | $102 / Sq Ft | |
| 01/15/2026 01/15/26 | For Sale | $380,000 | +24.6% | -- | |
| 05/14/2024 05/14/24 | Sold | $305,000 | +121.9% | -- | View Prior Sale |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- | |
| 12/29/2021 12/29/21 | Sold | $137,425 | -5.2% | $51 / Sq Ft | View Prior Sale |
| 11/09/2021 11/09/21 | For Sale | $145,000 | +38.1% | $53 / Sq Ft | |
| 06/14/2018 06/14/18 | Sold | $105,000 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 05/06/2018 05/06/18 | Pending | -- | -- | -- | |
| 04/27/2018 04/27/18 | For Sale | $105,000 | -- | $37 / Sq Ft |
Source: Memphis Area Association of REALTORS®
MLS Number: 10217289
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