$215,000

Estimated payment $1,200/month

Total Views 5,805
8 Beds
-- Bath
2,704 Sq Ft
$80 Price per Sq Ft

About This Home

INVESTORS ONLY! Fully Vacant Quadplex for sale. Being offered at a great price with low maintenance exterior. Property has undergone significant repairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Each unit is 2 bedrooms and 1 bathroom (target rent is $700-$1000 per unit). It appears each unit has its own electric, gas, and water meters and tenants pay all utilities (PLEASE CONFIRM) This could generate a large amount of income for investors! Property does need cosmetic repairs but could be a great investment property and worth a lot of money once rehabbed and fully rented out. No Creative Or Owner Financed Offers. No Wholesalers Or Assignment.

Listing Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 12/02/2025

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 115

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • S Parkway Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035088 00010

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: SOUTH PARKWAY PLACE
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 2704
  • Year Built: 1967
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Heating Systems: Wall Heat
  • Laundry: Connections

Lot Info

  • Lot Number: 266-268
  • Acreage: 0.15
  • Lot Size: 60 X 115
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Assessor Parcel Number: 035088 00010

Multi Family

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $465 $17,280 $4,440 $12,840
2024 $491 $14,480 $3,440 $11,040
2023 $882 $14,480 $3,440 $11,040
2022 $882 $14,480 $3,440 $11,040
2021 $1,048 $14,480 $3,440 $11,040
2020 $985 $13,600 $3,440 $10,160
2019 $435 $13,600 $3,440 $10,160
2018 $435 $13,600 $3,440 $10,160
2017 $445 $13,600 $3,440 $10,160
2016 $565 $12,920 $0 $0
2014 $565 $12,920 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $215,000 +571.9% $80 / Sq Ft
08/15/2016 08/15/16 Sold $32,000 -28.9% $12 / Sq Ft View Prior Sale
07/29/2016 07/29/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $45,000 -- $17 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $290,000 Saddle Creek Title
Warranty Deed $60,000 Saddle Creek Title
Warranty Deed $32,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $217,500 New Conventional
Closed $140,000 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10210684

Memphis Area Association of REALTORS®
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