$675,000
$90K PRICE DROP

361 Walker Ave Memphis, TN 38126

South Memphis Neighborhood

Estimated payment $4,324/month

Total Views 1,769
18 Beds
-- Bath
6,516 Sq Ft
$104 Price per Sq Ft

Highlights

  • Vinyl Flooring
  • Heating Available
  • 5-minute walk to Gaston Park

About This Home

Reduced Price - Attention Investors! Don’t miss this incredible opportunity to own a fully updated 9-apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and long-term stability. The property has lots of lights and security cameras. This is a fantastic addition to any investment portfolio, offering instant income potential, a recent update throughout, and a stable tenant history. Act fast—opportunities like this don’t last long. Make your offer today!

Listing Agent

Area Mays

KAIZEN Realty, LLC License #314503 Listed on: 07/16/2025

KAIZEN Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 100 x 140

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 6,516 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 013044 00005C

Community Details

Overview

  • 9 Units
  • Washington Heights Blk 7 Subdivision

Building Details

  • Insurance Expense $1

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 745E
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 7
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 6516
  • Year Built: 1966
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Electrical

Lot Info

  • Lot Number: 28 and 29
  • Lot Size: 100 X 140
  • Improved Sq Ft: 6516
  • Land Sq Ft: 14000
  • Geo Subdivision: TN

Rental Info

  • Leaseable Sq Ft: 6516
  • Tenant Pays: Some Utilities
  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 013044 00005C

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 9
  • Number2 Bedroom Units: 9
  • 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
08/14/2025 08/14/25 Price Changed $675,000 -11.8% $104 / Sq Ft
07/16/2025 07/16/25 For Sale $765,000 +212.2% $117 / Sq Ft
06/01/2020 06/01/20 Sold $245,000 -7.5% $38 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $265,000 -- $41 / Sq Ft
Source: Memphis Area Association of REALTORS®

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Source: Memphis Area Association of REALTORS®

MLS Number: 10201381

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

361 Walker Ave, Memphis, TN

This home is located at 361 Walker Ave, Memphis, TN 38126 and is currently priced at $675,000, approximately $103 per square foot. This property was built in 1966. 361 Walker Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Soulsville Charter School.

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Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes
Area Mays
Listing Agent
Area Mays
Section Image
KAIZEN Realty, LLC
(901) 446-3634