$175,000
SOLD MAR 31, 2023
8 Beds
-- Bath
4,000 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

12% Below List Price

7 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Landscaped
  • Mini Split Air Conditioners

About This Home

As of December 2023

Great opportunity for investors! Well maintained, Multifamily 4 Flex, property is already income producing. Total Scheduled rent 2,025.00 monthly. New windows 4 years old, exterior paint 2022, storm doors 2022. Drive by Quad only. Tenant occupied Please don't disturb. To be Sold As-Is Good Condition. Owner/Agent.

Last Agent to Sell the Property

Lucille Wallace

Integrated Assets License #266531 Listed on: 02/20/2023

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 75x120
  • Chain Link Fence
  • Landscaped

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Free-Standing Range

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • Leath & Jones Blk 10 Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 02702800013

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 741D
  • MAAR Subdivision Name: Leath & Jones Blk
  • Freestanding: Yes
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Estimated Sq Ft: 4000
  • Year Built: 1952
  • Construction: Brick
  • List Price Per Unit: 49750
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile
  • Appliances Equipment: Range/Oven (Freestanding), Smoke Detector(s)

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition
  • Miscellaneous Exterior: Sidewalks, Some Landscaping, Chain Fence, Ceiling Fan(s)

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas, Public Water, Public Sewer
  • Cooling Systems: Individual Cooling
  • Heating Systems: Gas, Wall Heat

Lot Info

  • Lot Size: 75x120
  • Land Sq Ft: 9000
  • Zoning: C

Rental Info

  • Actual Annual Rent: 2025
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 02702800013

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 1
  • Number Other Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

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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
12/20/2023 12/20/23 Sold $200,750 +1.6% $70 / Sq Ft
12/03/2023 12/03/23 For Sale $197,500 +12.9% $69 / Sq Ft
03/31/2023 03/31/23 Sold $175,000 -12.1% $44 / Sq Ft
02/20/2023 02/20/23 For Sale $199,000 -- $50 / 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: 10142365

Memphis Area Association of REALTORS®