$335,000
PENDING $5K PRICE DROP

Estimated payment $2,160/month

Total Views 8,033
8 Beds
-- Bath
2,500 Sq Ft
$134 Price per Sq Ft

About This Home

Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units. One unit is rented at $950 and the other one is $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling. Professionally Managed (Lease, Ledgers, Maintenance History, & Pics at Request). Pictures of units are before tenants moved in. No wholesalers, assignments, or creative financing.

Listing Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193 Listed on: 02/17/2025

Crye-Leike, Inc., REALTORS

Co-Listing Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Partially Fenced Property

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump

Community Details

  • Latham & Simpson Subdivision

Listing and Financial Details

  • Section 8 Allowed
  • Assessor Parcel Number 013023 00005

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 747B
  • MAAR Subdivision Name: LATHAM & SIMPSON
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 2392857.14
  • Estimated Sq Ft: 2500
  • Year Built: 1960
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Wood Laminate Floors

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Sidewalks, Partically Fenced

Garage/Parking

  • Parking Facility: Concrete, Attached

Utilities

  • Hot Water: Public Water, Public Sewer
  • Cooling Systems: Individual Cooling
  • Heating Systems: Individual Systems
  • Laundry: Connections

Lot Info

  • Lot Number: 61TO63
  • Acreage: 0.14
  • Lot Size: 50 X 125
  • Price Per Acre: 2392857
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year, Subsidized Rents

Tax Info

  • Assessor Parcel Number: 013023 00005

Multi Family

  • Perc Occ: 90
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

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

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $335,000 -1.5% $134 / Sq Ft
02/17/2025 02/17/25 For Sale $340,000 0.0% $136 / Sq Ft
10/11/2023 10/11/23 Sold $340,000 0.0% $136 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $340,000 +608.3% $136 / Sq Ft
09/04/2020 09/04/20 Sold $48,000 +17.1% $19 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $41,000 0.0% $16 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $41,000 0.0% $16 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $41,000 -- $16 / Sq Ft
Source: Memphis Area Association of REALTORS®

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Source: Memphis Area Association of REALTORS®

MLS Number: 10190234

Memphis Area Association of REALTORS®