$2,750,000
PENDING

3636 Spottswood Ave Unit 1 Memphis, TN 38111

Audubon Park Neighborhood

Estimated payment $14,933/month

Total Views 1,744
57 Beds
-- Bath
916 Sq Ft
$3,002 Price per Sq Ft

Highlights

  • Landscaped
  • Hot Water Heating System
  • Partially Fenced Property
  • Central Heating and Cooling System
  • Laundry Facilities
  • Vinyl Flooring

About This Home

Imperial Arms majority owner selling 28 units as a package deal. Taxes & sq ftg represent Unit #1 in the 3636 Bldg. 3636 Bldg includes 15 units, 3640 Bldg includes 4 units & 3646 Bldg includes 9 units. Total of 28 units = (2) 3 BR, (25) 2 BR & (1) 1 BR units. HOA fees offset all owner's insurance & grounds maintenance expenses. This listing is under one property address. Roof 5 years old. The property is located walking distance to U of M campus & The Blue Line Shuttle stops at the condo bldg. This property is located in the U of M Master growth plan area. Photos w/furnishings are digitally staged & representative of a typical unit. Do Not Disturb Tenants.

Listing Agent

Stacey Berry

Keller Williams License #342511 Listed on: 07/30/2025

Keller Williams

Co-Listing Agent

Rik Berry

Keller Williams License #354664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1967

Lot Details

  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Composite

Interior Spaces

  • 916 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 046024 A00001

Community Details

Overview

  • 4 Buildings
  • 28 Units
  • Imperial Arms Condo Subdivision

Building Details

  • Insurance Expense $19,949
  • Operating Expense $129,000
  • Gross Income $7,000

Additional Features

  • Laundry Facilities
  • Security Lighting

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 758A
  • MAAR Subdivision Name: IMPERIAL ARMS CONDOMINIUMS
  • Number Of Stories: 2
  • Estimated Sq Ft: 916
  • Year Built: 1967
  • Construction: Brick, Wood/Composition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher

Exterior Features

  • Foundation: Slab, Laundry Facility
  • Miscellaneous Exterior: Curbs/Gutters, Sidewalks, Pole Sign, Security Lighting, Some Landscaping, Chain Fence, Partically Fenced

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Individual System, Public Water, Public Sewer
  • Cooling Systems: Central, Individual Cooling
  • Heating Systems: Central, Individual Systems
  • Laundry: Common Laundry, Equipment Leased

Association/Amenities

  • Amenities: Security System

Lot Info

  • Lot Number: UNIT 1*
  • Lot Size: 1285
  • Zoning: RU-3
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 303252
  • Tenant Pays: All Utilities, Security Deposit, Pet Depost
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 046024 A00001

Multi Family

  • Perc Occ: 92
  • Total Number Of Units: 28
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 25
  • Number3 Bedroom Units: 2
  • Type of Unit: 2 BR - 1 Bath, Unfurnished

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $781 $33,480 $1,720 $31,760
2024 $868 $23,040 $1,720 $21,320
2023 $1,559 $25,600 $1,720 $23,880
2022 $1,559 $25,600 $1,720 $23,880
2021 $1,578 $25,600 $1,720 $23,880
2020 $777 $10,720 $1,720 $9,000
2019 $777 $10,720 $1,720 $9,000
2018 $777 $10,720 $1,720 $9,000
2017 $441 $10,720 $1,720 $9,000
2016 $376 $8,600 $0 $0
2014 $376 $8,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $2,750,000 -- $3,002 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $21,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,459 Commercial
Previous Owner $355,459 Commercial
Previous Owner $654,429 Unknown
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10202371

Memphis Area Association of REALTORS®

APN: 04-6024-A0-0001