$225,000
$20K PRICE DROP

295 Tennessee 18 Loop Toone, TN 38381

Estimated payment $1,419/month

Total Views 2,486
7 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Great Investment- 4 rental units with approx. $2225 monthly income and potential for increases. All units are currently rented and in great condition.

Listing Agent

Jack Sain

Bolivar Ins & R/E Agency Inc. License #218136 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • Efficiency Studio
  • Free-Standing Range
  • Laminate Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Septic Tank

Community Details

  • 4 Units
  • Hardeman County Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: Eighteen Loop
  • Freestanding: Yes
  • Year Built: 1977
  • Construction: Aluminum/Steel Siding, Stone
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Metal

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Electrical, Septic Tank
  • Cooling Systems: Individual Cooling
  • Heating Systems: Heat Pump, Individual Systems
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Size: +-2acres
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 26700
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 1
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 2 BR - 1 Bath, 3 BR - 1+ Baths

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Price Changed $225,000 -8.2% --
02/25/2026 02/25/26 For Sale $245,000 -- --
Source: Memphis Area Association of REALTORS®

Source: Memphis Area Association of REALTORS®

MLS Number: 10215489

Memphis Area Association of REALTORS®
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