$55,000
SOLD FEB 22, 2013
10 Beds
-- Bath
5,000 Sq Ft
1959 Built

Recently Sold

$11 Per Sq Ft

20% Below List Price

135 Days on Market

About This Home

As of October 2021

Great Cash Flow opportunity. 10 unit building. All 1 bed, 1 bath units. The building has had a lot of work completed in the past few months including new roof, new furnaces, new hot water heaters, interior paint. new plumbing and upgraded electrical.

Last Agent to Sell the Property

Jim Pickens

Lawrence Johnson, REALTORS License #290757 Listed on: 09/17/2012

Last Buyer's Agent

Evelyn Isbell

Crye-Leike, Inc., REALTORS License #283052

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property

Additional Features

  • Lot Dimensions are 100 x 148.5
  • Gas Water Heater

Community Details

  • 10 Units
  • Lane Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 051014 00047

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 741E
  • MAAR Subdivision Name: LANE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 5000
  • Year Built: 1959
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas
  • Heating Systems: House Systems

Lot Info

  • Lot Number: 73-74
  • Lot Size: 100 X 148.5
  • Improved Sq Ft: 5000
  • Land Sq Ft: 14850

Rental Info

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

Tax Info

  • Assessor Parcel Number: 051014 00047

Multi Family

  • Perc Occ: 40
  • Total Number Of Units: 10
  • Number1 Bedroom Units: 10
  • Type of Unit: 1 BR - 1 Bath

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    INCOME PRODUCING PROPERTY to add to your Investment Portfolio! This property has a total of 8 bedrooms, 4 bathrooms and 2 Kitchens. Property being sold AS IS.

    Tracy Jackson Ray Keller Williams

    Section Image

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
11/25/2024 11/25/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $535,000 +52.9% --
10/01/2021 10/01/21 Sold $350,000 -16.7% $70 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $420,000 +663.6% $84 / Sq Ft
02/22/2013 02/22/13 Sold $55,000 -20.3% $11 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $69,000 -- $14 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3256243

Memphis Area Association of REALTORS®