Property Description
Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot’s of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).
Features
- Heating System:
- Gas, Wall Heat
- Cooling System:
- Other (see Remarks)
- FOUNDATION:
- Slab
- Parking Facility:
- Offsite/street
Address Map
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- CARRINGTONS LANE AVE
- Zipcode:
- 38105
- Street:
- LANE
- Street Number:
- 734
- Street Suffix:
- AVE
- Floor Number:
- 0
- Longitude:
- W91° 57' 54.1''
- Latitude:
- N35° 9' 7.2''
- Directions:
- From North Parkway and Manassas head south down Manassas. Turn west down Lane. Property is on the north side of the street. Last before St. Jude.
MLS Addon
- Agent ID:
- 13653
- Status:
- Active
- Type:
- Flat/garden Units
- # of Stories:
- 0
- Multi-Family 1 Bedroom Units:
- 6
- Multi-Family 2 Bedroom Units:
- 0
- Multi-Family 3 Bedroom Units:
- 0
- Lot Size:
- 90X128
Multi-family For Sale
734 LANE AVE, Memphis, Tennessee 38105
0 Bedrooms
0 Bathrooms
0 Sqft
$249,000
Listing ID #10226944
Basic Details
- Property Type :
- Multi-family
- Listing Type :
- For Sale
- Listing ID :
- 10226944
- Price :
- $249,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 0 Sqft
- Year Built :
- 1953
- Lot Area :
- 0 Sqft
- Status :
- Active
- Days On Market :
- 41
Contact Agent

