$350,000
SOLD DEC 1, 2020
22 Beds
-- Bath
13,000 Sq Ft
0.4 Acres

Recently Sold

$27 Per Sq Ft

22% Below List Price

83 Days on Market

Highlights

  • 0.4 Acre Lot
  • Vinyl Flooring
  • 1-Story Property
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

About This Home

As of June 2025

22 1 BEDROOM UNITS RENTS $425 MO RENOVATED 3 YEARS AGO INCLUDING, ROOFS NEW WATER AND SEWER LINES ( DONE BY PREVIOUS OWNER DO YOUR OWN DUE DILIGENCE) OUT OF TOWN OWNER LIQUIDATING HIS LOSS-YOUR GAIN, LISTED 50K UNDER LAST SALE... POTENTIONAL OF 112k IN YEARLY INCOME. MAKE OFFER! MORE PICS COMING NO SHOWINGS SUBMIT OFFERS SUBJECT TO INSPECTIONS DO NOR DISTURB TENANTS

Last Agent to Sell the Property

Rick Baer

Rick Baer Realty License #216050 Listed on: 05/30/2020

Last Buyer's Agent

Alan Crenshaw

Ware Jones, REALTORS License #273859

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 72.38 x 243.7

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 13,000 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 22 Units
  • South Memphis Land Co Subdivision

Listing and Financial Details

  • Tenant pays for some utilities, cable TV
  • Assessor Parcel Number 050051 00001

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 747A
  • MAAR Subdivision Name: SOUTH MEMPHIS LAND CO
  • Freestanding: Yes
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Price Per Sq Ft: 875000
  • Estimated Sq Ft: 13000
  • Year Built: 1930
  • Construction: Brick/Veneer
  • List Price Per Unit: 18136.36
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Electrial, 1 Window Unit per Unit
  • Heating Systems: Electrical, Wall Heat

Lot Info

  • Acreage: 0.4
  • Lot Size: 72.38 X 243.7
  • Price Per Acre: 997500

Rental Info

  • Tenant Pays: Some Utilities, Cable TV
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 050051 00001

Multi Family

  • Perc Occ: 60
  • Total Number Of Units: 22
  • Number1 Bedroom Units: 22
  • 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
06/26/2025 06/26/25 Sold $1,222,000 -5.3% $212 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $1,290,000 -4.4% $224 / Sq Ft
04/01/2025 04/01/25 For Sale $1,350,000 0.0% $234 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $1,350,000 -6.9% $234 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $1,450,000 -9.4% --
05/08/2022 05/08/22 For Sale $1,600,000 +213.7% --
10/29/2021 10/29/21 Sold $510,000 -10.4% $89 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/08/2021 10/08/21 Price Changed $569,000 -36.4% $99 / Sq Ft
09/18/2021 09/18/21 For Sale $895,000 +155.7% $155 / Sq Ft
12/01/2020 12/01/20 Sold $350,000 -12.3% $27 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $399,000 -10.3% $31 / Sq Ft
06/26/2020 06/26/20 Price Changed $445,000 -1.1% $34 / Sq Ft
05/30/2020 05/30/20 For Sale $450,000 -10.0% $35 / Sq Ft
04/16/2019 04/16/19 Sold $500,000 -9.1% $25 / Sq Ft
02/13/2019 02/13/19 Price Changed $550,000 -7.5% $28 / Sq Ft
12/14/2018 12/14/18 Price Changed $594,900 -0.9% $30 / Sq Ft
09/10/2018 09/10/18 For Sale $600,000 -- $30 / 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: 10077562

Memphis Area Association of REALTORS®