NOT LISTED FOR SALE

1742 Lawrence Ave Memphis, TN 38112

Midtown Memphis Neighborhood
4 Beds
-- Bath
4,660 Sq Ft
7,841 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $525,000 $113 Per Sq Ft

75 Days on Market

About This Home

As of February 2024

This 8 unit building is located in booming Midtown Memphis. There are 4-studio and 4-1 bedroom units. The scheduled monthly income is 4980 per month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/02/2023

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/02/2023

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 165

Parking

  • Gravel Driveway

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 4,660 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Wood Flooring
  • Partial Basement

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 020065 00021

Community Details

Overview

  • 8 Units
  • R Galloways Evergreen Blk N Subdivision

Building Details

  • Insurance Expense $2,995

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Converted House
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 2916666.67
  • Estimated Sq Ft: 4660
  • Year Built: 1912
  • Construction: Brick/Veneer
  • List Price/ Sq Ft: 118
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Foundation: Partial Basement
  • Roof: Pitched

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 16
  • Acreage: 0.18
  • Lot Size: 50 X 165
  • Price Per Acre: 3050000
  • Improved Sq Ft: 4660
  • Land Sq Ft: 8250

Rental Info

  • Actual Annual Rent: 59760
  • Leaseable Sq Ft: 4660
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020065 00021

Multi Family

  • Perc Occ: 87
  • Total Number Of Units: 8
  • Number1 Bedroom Units: 4
  • Number Efficiency Studio Units: 4
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath

Range of Values:

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List Price
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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
02/14/2024 02/14/24 Sold $525,000 -4.4% $113 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $549,000 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2024

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    14 in this area

    88 Total Sales

    Jeffrey Moore
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153615

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38112 Midtown Memphis

1742 Lawrence Ave, Memphis, TN

This home is located at 1742 Lawrence Ave, Memphis, TN 38112 since 02 August 2023. This property was built in 1912. 1742 Lawrence Ave is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Central High School, and Memphis Academy of Science Engineering Middle/High School.

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