$720,000
SOLD DEC 20, 2024
8 Beds
-- Bath
4,000 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

7% Below List Price

159 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of December 2024

This 8 unit building is located in Booming Mid Town Memphis. The property has been totally rehabbed. The units are all 1 bedroom. The scheduled monthly rents are 6925 per month. Drive by only. Please do not disturb residents.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/25/2024

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/25/2024

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 157.5
  • Partially Fenced Property

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 017039 00027

Community Details

Overview

  • Ingleside Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 746B
  • MAAR Subdivision Name: INGLESIDE
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 4000000
  • Estimated Sq Ft: 4000
  • Year Built: 1960
  • Construction: Brick/Veneer
  • List Price/ Sq Ft: 194
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Microwave

Exterior Features

  • Foundation: Slab
  • Roof: Pitched
  • Miscellaneous Exterior: Partically Fenced

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 14
  • Acreage: 0.18
  • Lot Size: 50 X 157.5
  • Price Per Acre: 4305556
  • Improved Sq Ft: 4000
  • Land Sq Ft: 7875
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 83100
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 017039 00027

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 8
  • Number1 Bedroom Units: 8
  • Type of Unit: 1 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
12/20/2024 12/20/24 Sold $720,000 -7.1% $180 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $775,000 0.0% $194 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $775,000 -2.5% $194 / Sq Ft
07/12/2024 07/12/24 Price Changed $795,000 -3.6% $199 / Sq Ft
07/12/2024 07/12/24 For Sale $825,000 0.0% $206 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $825,000 -4.0% $206 / Sq Ft
04/25/2024 04/25/24 For Sale $859,000 -- $215 / 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: 10171027

Memphis Area Association of REALTORS®