NOT LISTED FOR SALE
18 Beds
-- Bath
-- Sq Ft
1962 Built

Last Sold April 10, 2014

Last sale price $620,000

30 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • Secure Parking
  • Central Heating and Cooling System

About This Home

As of April 2014

This building is a great performer with potential to do more. Large units in Midtown with Central Heat and Air, gated parking, on site laundry with an extra $300 month of income. There is opportunity for rent increases as well.

Last Agent to Sell the Property

Brandon Kamm

Revid Investments, LLC License #297627 Listed on: 01/02/2014

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof

Flooring

  • Wood
  • Partially Carpeted

Parking

  • Paved Parking
  • Secure Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100 x 190.5

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 017048 00015

Community Details

Building Details

Additional Features

  • Idlewild Subdivision
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 746B
  • MAAR Subdivision Name: IDLEWILD
  • Freestanding: Yes
  • Number Of Stories: 2
  • Year Built: 1962
  • Construction: Brick
  • List Price Per Unit: 45357.14
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Partial Carpet

Exterior Features

  • Foundation: Slab
  • Roof: Pitched

Garage/Parking

  • Parking Facility: Concrete, Secured

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Common Laundry, Equipment Owned

Lot Info

  • Lot Number: 26
  • Lot Size: 100 X 190.5

Rental Info

  • Actual Annual Rent: 90030
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 017048 00015

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 14
  • Number1 Bedroom Units: 10
  • Number2 Bedroom Units: 4
  • Type of Unit: 1 BR - 1 Bath, 2 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
04/10/2014 04/10/14 Sold $620,000 -2.4% --
02/01/2014 02/01/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $635,000 -- --
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: 3287872

Memphis Area Association of REALTORS®