Description
Fully occupied multifamily investment opportunity just minutes from Downtown Memphis! This fourplex features four 2-bedroom/1-bath units with current scheduled rents totaling $3,275 per month/$39,300 annually. Recent improvements include the addition of washer/dryers for tenant convenience. The property also offers gated parking, with tenants responsible for electric, gas and trash and owner paying water. Conveniently located near shopping, dining and major highways with easy access to Downtown Memphis and the Bass Pro Pyramid. Offered at $399,999, this income-producing property provides an opportunity to add an established, fully occupied multifamily asset to your investment portfolio.
Details
| MLS # | 10228773 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 27 |
| Listing Provided By | The Firm | Alicia Teeter |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38107 |
| Area | Harbor Town | Downtown |
| Subarea | 741B |
| Community Name | ROBERTSON |
| Listing VS Median (in ROBERTSON) | |
Price: $399,999 low | high Med: $0 On site: 27 low | high Med: | |
Market Activity 38107
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38107 |
| Area | Harbor Town | Downtown |
| Subarea | 741B |
| Community Name | ROBERTSON |
| Listing VS Median (in ROBERTSON) | |
Price: $399,999 low | high Med: $0 On site: 27 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 0 - 0
Listing Updated: September 9, 2026 at 11:25:19 AM PDT