NOT LISTED FOR SALE

1914 St James Dr Memphis, TN 38116

Whitehaven Neighborhood
10 Beds
-- Bath
3,460 Sq Ft
0.43 Acres

Last Sold August 09, 2022

Last sale price $355,000 $103 Per Sq Ft

About This Home

As of August 2022

Six-Unit apartment building in Whitehaven - these just don't pop up on the market very often! Value-add property; with some further work and leasing efforts, raise the rent of each unit by at least $100-150/door and get this unit performing to where it should be! Potential annual rent of $55,000+. All units central heat/air and tenants pay their own utilities except water, which is owner responsibility (can be billed back with lease renewals/turns). No wholesaler/assignable contracts.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 07/13/2022

Last Buyer's Agent

Jason Miller

eXp Realty, LLC License #328506

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 151x90

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,460 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Month-to-Month Lease Term
  • Assessor Parcel Number 079039 00039

Community Details

Overview

  • 6 Units
  • Garden View Blk E Subdivision

Building Details

  • Insurance Expense $1,600
  • Utility Expense $3,000

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 768B
  • MAAR Subdivision Name: GARDEN VIEW BLK E
  • Freestanding: Yes
  • List Price Per Sq Ft: 113
  • Number Of Stories: 2
  • Price Per Sq Ft: 825581.4
  • Estimated Sq Ft: 3460
  • Year Built: 1968
  • Construction: Brick/Veneer, Wood/Composition
  • List Price Per Unit: 64983.33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Pitched

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central, Gas
  • Laundry: Connections

Lot Info

  • Lot Number: 181
  • Acreage: 0.43
  • Lot Size: 151X90
  • Price Per Acre: 906744
  • Land Sq Ft: 18731
  • Zoning: RU-3

Rental Info

  • Actual Annual Rent: 41520
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 079039 00039

Multi Family

  • Perc Occ: 83
  • Total Number Of Units: 6
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 4
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

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List Price
Sold 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
08/09/2022 08/09/22 Sold $355,000 -9.0% $103 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $389,900 -- $113 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2022

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    11 in this area

    209 Total Sales

    Randall Weatherall
    Section Image
  • Jason Miller

    Buyer's Agent in 2022

    Jason Miller

    eXp Realty, LLC

    (901) 212-4141

    9 in this area

    234 Total Sales

    Jason Miller
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128598

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38116 Whitehaven

1914 St James Dr, Memphis, TN

This home is located at 1914 St James Dr, Memphis, TN 38116 since 13 July 2022. This property was built in 1968. 1914 St James Dr is a home located in Shelby County with nearby schools including Gardenview Elementary School, A. Maceo Walker Middle School, and City University School Girls Preparatory.

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