NOT LISTED FOR SALE

23 S Morrison St Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $779,000 - $822,000

6 Beds
6 Baths
5,678 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2025

Last sale price $815,000 $144 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,048 / mo

224 Days on Market

About This Home

As of July 2025

This newer triplex consists of 3 large 2 bedroom 2 bath units with lots of modern amenities including modern kitchens and washers and dryers and balconies. The scheduled monthly income is 6300 per monthl. Drive by only Please do not disturb residents.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 10/02/2024

Crye-Leike Commercial

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2021

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 48x180

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Composite

Interior Spaces

  • 5,678 Sq Ft Home
  • 3-Story Property
  • Security Gate

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tenant pays for some utilities, gas, electric
  • Assessor Parcel Number 017063 00009

Community Details

Overview

  • 3 Units
  • Greenland Pl Subdivision

Building Details

  • Insurance Expense $1,445
  • Utility Expense $1,894
  • Operating Expense $21,805

Property Details

Home Type

Apartment

Year Built

Built in 2021

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: GREENLAND PLACE
  • Freestanding: Yes
  • Number Of Stories: 3
  • Estimated Sq Ft: 5678
  • Year Built: 2021
  • Construction: Wood/Composition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake, Pitched
  • Miscellaneous Exterior: Security Gate

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central, Gas
  • Heating Systems: Central, Gas
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: S PT 6
  • Acreage: 0.19
  • Lot Size: 48X180
  • Improved Sq Ft: 5678
  • Land Sq Ft: 8640
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 75492
  • Leaseable Sq Ft: 5678
  • Tenant Pays: Some Utilities, Gas, Electric
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 017063 00009

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jul 24, 2025
Sold by
Apple Partners Llc
Bought by
Kabongo Fnu Mutombo and Mutombo Magali
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Views
100
Current Estimated Value
$793,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,080
Avg. Annual Appreciation
-3.26%
Original Mortgage
$652,000
Outstanding Balance
$651,207
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$142,713

Purchase Details

Listed on
May 1, 2019
Closed on
Sep 30, 2019
Sold by
Taylor Joshua
Bought by
Apple Partners Llc
Seller's Agent
William Weaver
Coldwell Banker Collins-Maury
Buyer's Agent
Eleanore Maynard
Hobson, REALTORS
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.12%

Purchase Details

Closed on
May 13, 2015
Sold by
Beasley Dana and Beasley Dee Anna
Bought by
Taylor Joshua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kabongo Fnu Mutombo $815,000 Commercial Title Group
Apple Partners Llc $90,000 Commercial Title Group Llc
Taylor Joshua $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabongo Fnu Mutombo $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2025 07/25/25 Sold $815,000 -2.9% $144 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
03/29/2025 03/29/25 Price Changed $839,000 -1.2% $148 / Sq Ft
01/27/2025 01/27/25 Price Changed $849,000 -5.1% $150 / Sq Ft
10/02/2024 10/02/24 For Sale $895,000 +894.4% $158 / Sq Ft
10/03/2019 10/03/19 Sold $90,000 -14.3% -- View Prior Sale
05/02/2019 05/02/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $105,000 -- --
Source: Memphis Area Association of REALTORS®

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 $9,723 $479,720 $20,400 $459,320
2024 $9,723 $286,800 $16,040 $270,760
2023 $17,471 $286,800 $16,040 $270,760
2022 $17,471 $286,800 $16,040 $270,760
2021 $1,745 $64,320 $13,320 $51,000
2020 $612 $8,450 $8,450 $0
2019 $270 $8,450 $8,450 $0
2018 $270 $8,450 $8,450 $0
2017 $276 $8,450 $8,450 $0
2016 $369 $8,450 $0 $0
2014 $369 $8,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2025

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    12 in this area

    75 Total Sales

    Jeffrey Moore
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • W

    Seller's Agent in 2019

    William Weaver

    Coldwell Banker Collins-Maury

    Section Image
  • Eleanore Maynard

    Buyer's Agent in 2019

    Eleanore Maynard

    Hobson, REALTORS

    (901) 219-1905

    1 in this area

    83 Total Sales

    Eleanore Maynard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182486

Memphis Area Association of REALTORS®

APN: 01-7063-0-0009

Tennessee Shelby County Memphis 38104 Midtown Memphis

23 S Morrison St, Memphis, TN

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