NOT LISTED FOR SALE
10 Beds
-- Bath
3,772 Sq Ft
8,276 Sq Ft

Last Sold July 21, 2022

Last sale price $202,000 $54 Per Sq Ft

17 Days on Market

About This Home

As of July 2022

Fantastic opportunity for any investor looking to get into multi-family housing or expand an existing portfolio. Five 2 bedroom 1 bathroom units. Two of which have very recently been updated. Unit 2 & 4 are leased through 2023 and units 3 & 5 are currently tenanted on month to month agreements. Unit 1 will convey as/is, seller does have very reasonable repair estimates for matching quality updates. Rent roll information upon request. Offers received- please submit highest and best by 7/5 at 4pm

Last Agent to Sell the Property

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 07/01/2022

Last Buyer's Agent

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 07/01/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 52 x 161

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,772 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 5 Units
  • Washington Heights Blk 3 Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 025039 00037

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 3
  • Freestanding: Yes
  • List Price Per Sq Ft: 49
  • Number Of Stories: 2
  • Estimated Sq Ft: 3772
  • Year Built: 1966
  • Construction: Brick/Veneer
  • List Price Per Unit: 37000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

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

Lot Info

  • Lot Number: 10& PT 9
  • Acreage: 0.19
  • Lot Size: 52 X 161

Rental Info

  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 025039 00037

Multi Family

  • Total Number Of Units: 5
  • Number2 Bedroom Units: 5
  • Type of Unit: 2 BR - 1 Bath
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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 List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $202,000 +9.2% $54 / Sq Ft
07/01/2022 07/01/22 For Sale $185,000 +42.3% $49 / Sq Ft
09/18/2018 09/18/18 Sold $130,000 -12.8% $16 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $149,000 -- $18 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $24,120 $5,040 $19,080
2024 $687 $20,280 $4,840 $15,440
2023 $1,235 $20,280 $4,840 $15,440
2022 $1,235 $20,280 $4,840 $15,440
2021 $1,250 $20,280 $4,840 $15,440
2020 $1,377 $19,000 $4,840 $14,160
2019 $607 $19,000 $4,840 $14,160
2018 $607 $19,000 $4,840 $14,160
2017 $622 $19,000 $4,840 $14,160
2016 $788 $18,040 $0 $0
2014 $788 $18,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127831

Memphis Area Association of REALTORS®
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