NOT LISTED FOR SALE

340 E Georgia Ave Memphis, TN 38126

Downtown Memphis Neighborhood
12 Beds
-- Bath
6,048 Sq Ft
0.48 Acres

Last Sold August 08, 2017

Last sale price $147,500 $24 Per Sq Ft

Highlights

  • 0.48 Acre Lot
  • 1-Story Property
  • Garden Home
  • Vinyl Flooring

About This Home

As of August 2017

This 12 unit building is located near Booming Downtown Memphis. All the units are 1 bedroom 1 bathroom. The scheduled monthly income is $4,200 per month. The building is currently 25% occupied and is in need of minor rehab.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/05/2017

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/05/2017

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.48

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 6,048 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Additional Features

  • 0.48 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 12 Units
  • Overton Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 011004 00013

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Flat/Garden Units
  • MLS Map #: 745E
  • MAAR Subdivision Name: OVERTON
  • Freestanding: Yes
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Price Per Sq Ft: 307291.67
  • Estimated Sq Ft: 6048
  • Year Built: 1951
  • Construction: Brick/Veneer
  • List Price Per Unit: 14916.67
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake, Pitched

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Public Water, Public Sewer
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 229and230
  • Acreage: 0.48
  • Lot Size: 120X176.6/177.4
  • Price Per Acre: 372917
  • Improved Sq Ft: 6048
  • Land Sq Ft: 21240

Rental Info

  • Actual Annual Rent: 40320
  • Leaseable Sq Ft: 6048
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 011004 00013

Multi Family

  • Perc Occ: 25
  • Total Number Of Units: 12
  • Number1 Bedroom Units: 12
  • Type of Unit: 1 BR - 1 Bath

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
08/08/2017 08/08/17 Sold $147,500 -25.9% $24 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $199,000 +40.1% $33 / Sq Ft
10/28/2015 10/28/15 Sold $142,000 -24.9% $23 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $189,000 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2017

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    2 in this area

    87 Total Sales

    Jeffrey Moore
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9999298

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38126 Downtown Memphis

340 E Georgia Ave, Memphis, TN

This home is located at 340 E Georgia Ave, Memphis, TN 38126 since 05 April 2017. This property was built in 1951. 340 E Georgia Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

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