$900,000

Estimated payment $5,452/month

Total Views 7,992
50 Beds
-- Bath
16,416 Sq Ft
$55 Price per Sq Ft

Highlights

  • 1.38 Acre Lot
  • Partially Carpeted
  • 4-minute walk to University Park
  • Cooling Available
  • Heating Available

About This Home

27 unit Apartment Complex located in proximity to Midtown area of Memphis and just minutes as well from downtown. Next door to Kipp Collegiate School. Unit Mix: 3 bedrooms (4), 2 bedrooms (15), and 1 bedroom (8). Updates: replaced sewer lines, concrete work on walkways & stairs, welding work on upstairs railings to bring to code, parking lot paved (2022), and removed some trees, Roof replaced (2017). Individually Metered. 4 - 5 units need complete renovation. Drive by property only. Selling As Is. Call Listing Agent for Information.

Listing Agent

Leslie Pickett

BHHS Taliesyn Realty License #338239 Listed on: 09/29/2025

BHHS Taliesyn Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1956

Lot Details

  • 1.38 Acre Lot

Parking

  • Paved Parking

Home Design

  • 16,416 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Flooring

  • Partially Carpeted
  • Laminate

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 27 Units
  • Williams Springdale Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number 041033 00068C

Property Details

Home Type

Apartment

Year Built

Built in 1956

Lot Details

1.38 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MAAR Subdivision Name: WILLIAMS SPRINGDALE
  • Freestanding: Yes
  • Estimated Sq Ft: 16416
  • Year Built: 1956
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Partial Carpet, Wood Laminate Floors

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: Electrial
  • Heating Systems: Electrical

Lot Info

  • Lot Number: 15SWPT16
  • Acreage: 1.38
  • Lot Size: 1.383
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: Security Deposit
  • Type Of Leases: Monthly, 6 Month, Year

Tax Info

  • Assessor Parcel Number: 041033 00068C

Multi Family

  • Perc Occ: 33
  • Total Number Of Units: 27
  • Number2 Bedroom Units: 15
  • Number3 Bedroom Units: 4
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1+ Baths
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,117 $301,760 $40,640 $261,120
2024 $7,520 $221,840 $18,680 $203,160
2023 $13,514 $221,840 $18,680 $203,160
2022 $13,514 $221,840 $18,680 $203,160
2021 $13,672 $221,840 $18,680 $203,160
2020 $4,029 $55,600 $18,680 $36,920
2019 $4,029 $55,600 $18,680 $36,920
2018 $4,029 $55,600 $18,680 $36,920
2017 $2,285 $55,600 $18,680 $36,920
2016 $1,605 $36,720 $0 $0
2014 $2,860 $65,440 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2025 09/29/25 For Sale $900,000 +69.2% $55 / Sq Ft
01/25/2018 01/25/18 Sold $532,000 -33.1% $22 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $795,500 -- $33 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $532,000 Preferred Title & Escrow Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $130,000 None Available
Warranty Deed $80,000 Preferred Title & Escrow Llc
Warranty Deed $175,000 None Available
Trustee Deed $249,900 None Available
Warranty Deed $160,000 None Available
Trustee Deed $151,225 None Available
Quit Claim Deed -- Equity Title & Escrow Llc
Warranty Deed $195,000 Equity Title & Escrow Co Of
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $190,000 --
Warranty Deed $205,000 Equity Title & Escrow Co
Warranty Deed $155,000 --
Warranty Deed $154,000 --
Trustee Deed $110,442 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $70,000 Commercial
Previous Owner $175,000 Seller Take Back
Previous Owner $355,000 Construction
Previous Owner $185,000 Seller Take Back
Previous Owner $170,000 Commercial
Previous Owner $195,000 Seller Take Back
Previous Owner $135,000 Seller Take Back
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10206651

Memphis Area Association of REALTORS®
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