• 774 Melrose Memphis, TN 38104

  • $1,750,000
  • 24
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 125
    Acres

Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenants rights.

Property Type :

Apartment Complex

Subdivision :

Meacham&voorheis

County :

Shelby

Style :

Apartment Complex

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Property Details

 

Building Information

Built Year: 1956

Lot Information

Lot Size: 125X200

Lot#: 14-15

Property Information

Sale/Rent: For Sale

Type: Apartment Complex

Area: Central Gardens

Subdivision: MEACHAM&VOORHEIS

City: Memphis

County: Shelby

State: TN

Zip: 38104

Directions: South on Melrose from Central Ave. ; Property located on the left.

Property Status: Active

Listing Information

List Price: $1,750,000

ListingId: 10167542

Tax Information

Annual City Tax: $11073

Annual County Tax: $13895

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1402 Club Gardens, Memphis, TN,38104 $793,500 4 4.5 3400-3599 --
1336 Peabody, Memphis, TN,38104 $625,000 5 3 3200-3399 --
1456 Carr, Memphis, TN,38104 $499,900 4 2.5 3600-3799 0.24 Acre
1876 Cowden, Memphis, TN,38104 $549,000 4 2.5 2600-2799 0.2 Acre
38 Angelus, Memphis, TN,38104 $349,999 3 2.5 1800-1999 0.11 Acre
123 N Watkins, Memphis, TN,38104 $262,500 -- -- 100-999 0.1 Acre
1557 Peabody, Memphis, TN,38104 $945,000 4 3.5 6000 - 6999 0.32 Acre
2042 Elzey, Memphis, TN,38104 $225,000 2 1 100-999 0.07 Acre
2040 Elzey, Memphis, TN,38104 $238,000 2 1.5 1000-1199 0.06 Acre
2027 Nelson, Memphis, TN,38104 $389,000 4 2.5 2400-2599 0.16 Acre

The multiple listing information is provided by MAAR MLS. Copyright © 2024 MAAR MLS. All Rights Reserved. Information deemed reliable but not guaranteed accurate. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose web site is being visited

ByOwner last updated this listing 04/28/2024 @ 00:10

MLS: 10167542
LISTED BY: Lowell Brister, Leco Realty, Inc.
SOURCE: Memphis Area Assoc. of REALTORS® - MAAR
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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