$800,000

Estimated payment $5,218/month

Total Views 3,251
16 Beds
-- Bath
9,350 Sq Ft
$86 Price per Sq Ft

About This Home

This charming building sits on 0.43 acres of land and is perfect for investors looking to expand their portfolio in Memphis. The property features four 2 br/1 ba and four 2 br/2 ba units. Each unit boasts modern amenities and spacious layouts, ensuring comfort and convenience for tenants. Conveniently located near shops, restaurants, and entertainment options, this property offers residents easy access to amenities. Call agent for info and showings, do not disturb tenants.

Listing Agent

Steve Woodyard

Woodyard Realty Corp License #217464 Listed on: 04/25/2025

Woodyard Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.43 Acre Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 9,350 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Community Details

  • 8 Units
  • Avalon Hgts Blk 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020046 00036

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 1860465.12
  • Estimated Sq Ft: 9350
  • Year Built: 1926
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Lot Info

  • Lot Number: S PT 1
  • Acreage: 0.43
  • Lot Size: 118.04/122 X 154.44/156.5
  • Price Per Acre: 1860465
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: Gas, Electric

Tax Info

  • Assessor Parcel Number: 020046 00036

Multi Family

  • Total Number Of Units: 8
  • Number2 Bedroom Units: 8
  • Type of Unit: 2 BR - 1 Bath, 2 BR - 1+ Baths

Map

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
06/13/2025 06/13/25 For Sale $800,000 0.0% $86 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $800,000 +107.8% $86 / Sq Ft
12/28/2012 12/28/12 Sold $385,000 -22.2% $41 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $495,000 -- $53 / Sq Ft
Source: Memphis Area Association of REALTORS®

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    Attention Investors! Don’t miss this incredible opportunity to own a fully updated apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and long-term stability.

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    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10195975

Memphis Area Association of REALTORS®