$265,000
PENDING

Estimated payment $1,698/month

Total Views 370
8 Beds
-- Bath
2,912 Sq Ft
$91 Price per Sq Ft

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Gaston Park

About This Home

Fully renovated in 2021, this four-unit multifamily property is a turnkey investment in an up-and-coming neighborhood. Each unit offers 2 bedrooms and 1 full bathroom, featuring updated kitchens, modern finishes, and functional layouts designed for today’s renters. The property is currently tenant-occupied and producing rental income, giving new ownership immediate cash flow with minimal maintenance needs.

Listing Agent

Terrance Hill

eXp Realty, LLC License #323978 Listed on: 08/29/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Washington Hgts Blk 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013047 00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 745E
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 5
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 1656250
  • Estimated Sq Ft: 2912
  • Year Built: 1966
  • Construction: Brick, Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Miscellaneous Exterior: Sidewalks

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical, Public Water
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Association/Amenities

  • Amenities: Privacy Walls/Fences

Lot Info

  • Lot Number: 25
  • Acreage: 0.16
  • Lot Size: 50X140
  • Price Per Acre: 1656250
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 013047 00003

Multi Family

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/03/2025 09/03/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $265,000 0.0% $91 / Sq Ft
03/24/2021 03/24/21 Sold $265,000 +1.9% $91 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $260,000 +602.7% $89 / Sq Ft
03/04/2020 03/04/20 Sold $37,000 -26.0% $13 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $50,000 -- $17 / Sq Ft
Source: Memphis Area Association of REALTORS®

Similar Homes in Memphis, TN

  • 1025 S Wellington St, Memphis, TN 38126

    $313,895

    • 10 Beds
    • 3,772 Sq Ft
    • 1025 S Wellington St
    • Memphis, TN

    Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more

    Trey McElroy Sowell, Realtors

    Section Image
  • 285 Lucy Ave, Memphis, TN 38106

    $329,000

    • 8 Beds
    • 2,500 Sq Ft
    • 285 Lucy Ave
    • Memphis, TN

    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 (CAN BE VIEWED). 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

    Monica Bynum Crye-Leike, Inc., REALTORS

    Section Image
  • 760 Richmond Ave, Memphis, TN 38106

    $300,000

    • 8 Beds
    • 2,700 Sq Ft
    • 760 Richmond Ave
    • Memphis, TN

    Perfect for House-Hackers or Savvy Investors! This updated four-plex features 4 spacious 2 bed / 1 bath units, making it an ideal opportunity to live in one unit while renting out the others. Previosuly renovated inside and out! Featuring fresh exterior paint, updated flooring, modern fixtures, and more. Can potentially generate $4,720/month with full occupancy on section 8. Each unit is

    Jonathan Nunez Fast Track Realty, LLC

    Section Image
  • 979 S Willett St, Memphis, TN 38114

    $217,000

    • 6 Beds
    • 2,780 Sq Ft
    • 979 S Willett St
    • Memphis, TN

    This 4-plex in the historical neighborhood of Glenview has so much potential. The property comes with full permited and approved architectual drawings.

    Christopher Batts C21 Patterson & Assoc. Real Es

    Section Image
  • 925 N Parkway Unit 2, Memphis, TN 38105

    $249,900

    • 6 Beds
    • 4 Baths
    • 4,080 Sq Ft
    • 925 N Parkway
    • Unit 2
    • Memphis, TN

    Do not disturb tenant. Converted duplex into a spacious single family residence. Generates $2490 in rent per month. $1800 security deposit to convey at closing. Lease through 7/31/27. Showing only with accepted offer.

    Taylor Lewis Renshaw Company, REALTORS

    Section Image
  • 643 Kent St, Memphis, TN 38111

    $310,000

    • 6 Beds
    • 4 Baths
    • 643 Kent St
    • Memphis, TN

    BRAND NEW DUPLEX! To be completed in 90 days. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

    Brett Bernard The Stamps Real Estate Company

    Section Image
  • 1725 Ontario Ave, Memphis, TN 38127

    $310,000

    • 6 Beds
    • 4 Baths
    • 1725 Ontario Ave
    • Memphis, TN

    BRAND NEW DUPLEX! To be completed in 90 days. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

    Brett Bernard The Stamps Real Estate Company

    Section Image
  • 1724 Ontario Ave, Memphis, TN 38127

    $310,000

    • 6 Beds
    • 4 Baths
    • 1724 Ontario Ave
    • Memphis, TN

    BRAND NEW DUPLEX! To be completed in 90 days. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

    Brett Bernard The Stamps Real Estate Company

    Section Image
  • 3335 Fairbanks St, Memphis, TN 38128

    $219,000

    • 6 Beds
    • 4 Baths
    • 3,463 Sq Ft
    • 3335 Fairbanks St
    • Memphis, TN

    This 2 unit property is located in a great Raleigh location! There are 3 bedrooms and 2 baths within each unit. The scheduled monthly income is 2,300 per month. Drive by only. Please do not disturb residents. Must be acquired with 5 other duplexes located at: 3299, 3315, 3334, 3344 & 3363 Fairbanks St.

    Jeffrey Moore Crye-Leike Commercial

    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10204610

Memphis Area Association of REALTORS®