$559,000
$30K PRICE DROP

Estimated payment $3,441/month

Total Views 2,629
6 Beds
-- Bath
4,562 Sq Ft
$123 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Laundry Facilities
  • Ceiling height of 9 feet or more
  • Hot Water Heating System
  • Partially Fenced Property

About This Home

Rare Turn-Key Midtown Triplex- Fully Renovated & Income Producing- Great Owner-Occupant Option! Exceptional opportunity to own a completely updated triplex in a prime Midtown Memphis location. Extensive renovations over the past 5 years include a new roof, re-built front porch, new HVAC, updated electric, and new water/waste lines to the street. Total Monthly income is $5,500. Must have a couple of days notice to show!! Will meet there. No sign, do not disturb tenants

Listing Agent

David Da Ponte

Sowell, Realtors License #278752 Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 58x140
  • Partially Fenced Property
  • Wood Fence
  • Property is zoned R6

Parking

  • Paved Parking

Home Design

  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Plaster
  • Wood Composite

Interior Spaces

  • 4,562 Sq Ft Home
  • 2.5-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling height of 9 feet or more

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Community Details

  • Willodine Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 020037 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,168

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • Number Of Stories: 2.5
  • Price Per Sq Ft: 3105555.56
  • Estimated Sq Ft: 4562
  • Year Built: 1920
  • Construction: Wood/Composition
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Partial Carpet, Wall to Wall Carpet, Dry Wall, Plaster, 9 Ft or More
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher

Exterior Features

  • Foundation: Conventional/Crawl Space, Raised, Partial Basement, Unfinished Basement, Laundry Facility
  • Roof: Composition, Roll
  • Miscellaneous Exterior: Wood Fence, Partically Fenced

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, Attached

Utilities

  • Hot Water: House System, Public Water, Public Sewer
  • Cooling Systems: Central, 220 Wiring
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit, Common Laundry

Lot Info

  • Lot Number: PTS 60 &
  • Acreage: 0.18
  • Lot Size: 58X140
  • Price Per Acre: 3105556
  • Improved Sq Ft: 4250
  • Land Sq Ft: 8182
  • Zoning: R6
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 66000
  • Leaseable Sq Ft: 4250
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020037 00030

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 3
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 1
  • Number3 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1+ Baths, 3 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

Tax History

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 $4,168 $189,880 $26,240 $163,640
2024 $4,168 $122,960 $17,920 $105,040
2023 $7,490 $122,960 $17,920 $105,040
2022 $7,490 $122,960 $17,920 $105,040
2021 $7,578 $122,960 $17,920 $105,040
2020 $8,547 $117,960 $17,920 $100,040
2019 $8,547 $117,960 $17,920 $100,040
2018 $6,359 $87,760 $17,920 $69,840
2017 $3,607 $87,760 $17,920 $69,840
2016 $3,496 $80,000 $0 $0
2014 $3,496 $80,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $559,000 -5.1% $123 / Sq Ft
06/02/2025 06/02/25 For Sale $589,000 -- $129 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $24,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,600 Commercial
Closed $355,725 Future Advance Clause Open End Mortgage
Closed $210,800 Purchase Money Mortgage
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10198028

Memphis Area Association of REALTORS®

APN: 02-0037-0-0030