NOT LISTED FOR SALE

226 S Lauderdale St Memphis, TN 38126

30 Beds
-- Bath
11,400 Sq Ft
0.7 Acres

Last Sold March 16, 2018

Last sale price $425,000 $37 Per Sq Ft

Highlights

  • Hot Water Heating System
  • Vinyl Flooring
  • Garden Home

About This Home

As of March 2018

This 30 unit building is a rehab opportunity located in the downtown area of Memphis. The units are all one bedroom. The scheduled monthly rents are $10800.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/22/2018

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/22/2018

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.7 Acre Lot

Parking

  • Off-Site Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 11,400 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

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

Community Details

  • 30 Units
  • Tapp Blk 57 Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 007008 00029

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Flat/Garden Units
  • MLS Map #: 745B
  • MAAR Subdivision Name: TAPP BLK 57
  • Freestanding: Yes
  • List Price Per Sq Ft: 46
  • Number Of Stories: 2
  • Price Per Sq Ft: 607142.86
  • Estimated Sq Ft: 11400
  • Year Built: 1959
  • Construction: Brick/Veneer
  • List Price Per Unit: 17500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Foundation: Slab
  • Roof: Pitched

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Electrical, Individual System, Public Water, Public Sewer
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 26and27and
  • Acreage: 0.7
  • Lot Size: 163.26 X 181.06' IRR
  • Price Per Acre: 750000
  • Improved Sq Ft: 16500
  • Land Sq Ft: 30673

Rental Info

  • Leaseable Sq Ft: 16500
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 007008 00029

Multi Family

  • Perc Occ: 67
  • Total Number Of Units: 30
  • Number1 Bedroom Units: 30
  • Type of Unit: 1 BR - 1 Bath

Range of Values:

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Average Value
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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
03/16/2018 03/16/18 Sold $425,000 -19.0% $37 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $525,000 -- $46 / 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: 10020916

Memphis Area Association of REALTORS®