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  • 9
  • 1962
Active Status Apartment Building
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LOCATION LOCATION LOCATION! 14-unit (Six 1BR/1BA & Eight 2BR/1BA) renovated apartment building in Downtown Memphis next to the new Foote Homes South City $250 Million redevelopment on Danny Thomas Blvd & less than 1 mile from the $950 Million Union Row Development! In walking distance to the FedEx Forum, this unique opportunity is located in one of Memphis’ Opportunity Zones. The property has a 14% CAP rate, gross rental income of $72,200 & 100% occupied w/ solid tenants. WON'T LAST LONG!

State: TN
City: Memphis
County: Shelby
Zip Code: 38126
Neighborhood: Dearing Blk 4
MLS#: 10059765
MLS Area: 745E
Taxes: $1,132

Price History

Date Price Event Change MLS#:
8/15/2019 $450,000 List Price 10059765

Nearby Schools

St. Patrick Catholic School(Preschool-6)
Larose Elementary School(Preschool-5)
Early Childhood Education Center(Preschool-Preschool)
Downtown Elementary School(Preschool-5)
Martin Luther King Transition Center(6-12)
Veritas College Preparatory(6-8)
B T Washington High School(6-12)3
Vance Middle School(6-8)
St. Patrick Catholic School(Preschool-6)
Ida B Wells Academy(6-8)
Martin Luther King Transition Center(6-12)
B T Washington High School(6-12)3
Hollis F. Price Middle College High School(9-12)3

Interior Details

  • Appliances:Other (See Remarks)
  • Features:
  • Furnished:
  • Floor Type:Hardwood Throughout
  • Cooling:1 Window Unit Per Unit
  • Heating:Wall Heat
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:Shingle/Shake
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Lot Size:231.66/222.87 X 63 +18.52/81.80
  • Parking:Gravel,Offsite/Street
  • Foundation:Slab

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Merge onto E Eh Crump Blvd/US-78 W/TN-4., Turn right onto S Danny Thomas Blvd/US-70 E/US-79 N., S Danny Thomas Blvd is 0.1 miles past S Lauderdale St - 596 S Danny Thomas Blvd, is on the right. If you reach Saint Paul Ave you've gone a little too far.
Property Information Last Updated: 8/24/2019 10:57:52 AM
Property Listed By Braden, Braden & Braden LLC