$300,000
PENDING $25K PRICE DROP

Estimated payment $1,598/month

Total Views 16,664
8 Beds
-- Bath
2,700 Sq Ft
$111 Price per Sq Ft

About This Home

Perfect for House-Hackers or Savvy Investors! This updated four-plex features 4 spacious 2 bed / 1 bath units, making it an ideal opportunity to live in one unit while renting out the others. Previosuly renovated inside and out! Featuring fresh exterior paint, updated flooring, modern fixtures, and more. Can potentially generate $4,720/month with full occupancy on section 8. Each unit is separately metered for electricity, offering efficiency and ease for both landlord and tenants.

Listing Agent

Jonathan Nunez

Fast Track Realty, LLC License #349008 Listed on: 04/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 50 x 158.5

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Parking

  • Gravel Driveway
  • Paved Parking

Community Details

  • 4 Units
  • Mcnutt Subdivision

Listing and Financial Details

  • Section 8 Allowed
  • Assessor Parcel Number 025074 00032

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: MCNUTT
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 2700
  • Year Built: 1966
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Concrete, Gravel

Utilities

  • Hot Water: Public Water, Public Sewer

Lot Info

  • Lot Number: 1
  • Acreage: 0.4
  • Lot Size: 50 X 158.5
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 13200
  • Tenant Pays: Electric
  • Type Of Leases: Subsidized Rents

Tax Info

  • Assessor Parcel Number: 025074 00032

Multi Family

  • Perc Occ: 25
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $483 $16,960 $11,520 $5,440
2024 $483 $14,240 $10,560 $3,680
2023 $867 $14,240 $10,560 $3,680
2022 $867 $14,240 $10,560 $3,680
2021 $386 $14,240 $10,560 $3,680
2020 $427 $13,360 $10,560 $2,800
2019 $427 $13,360 $10,560 $2,800
2018 $427 $13,360 $10,560 $2,800
2017 $437 $13,360 $10,560 $2,800
2016 $554 $12,680 $0 $0
2014 $554 $12,680 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2026 01/17/26 Pending -- -- --
05/22/2025 05/22/25 Price Changed $300,000 -7.7% $111 / Sq Ft
04/20/2025 04/20/25 For Sale $325,000 -- $120 / Sq Ft
Source: Memphis Area Association of REALTORS®

Source: Memphis Area Association of REALTORS®

MLS Number: 10194704

Memphis Area Association of REALTORS®