Property 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.
Features
- Heating System:
- Other (see Remarks)
- Cooling System:
- Other (see Remarks)
- FOUNDATION:
- Slab
- Parking Facility:
- Asphalt/blacktop
Address Map
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- ROBERTSON S/D
- Zipcode:
- 38107
- Street:
- CHELSEA
- Street Number:
- 750
- Street Suffix:
- AVE
- Floor Number:
- 0
- Longitude:
- W91° 58' 3.3''
- Latitude:
- N35° 9' 56.4''
- Directions:
- From Danny Thomas Blvd and Chelsea Ave, travel east on Chelsea Ave. Continue to 750 Chelsea Ave. Property will be on the right.
MLS Addon
- Agent ID:
- 13803
- Status:
- Active
- Type:
- Flat/garden Units
- # of Stories:
- 2
- Multi-Family 1 Bedroom Units:
- 0
- Multi-Family 2 Bedroom Units:
- 4
- Multi-Family 3 Bedroom Units:
- 0
- Lot Size:
- 55.26/47.1X165.38/192.14
Multi-family For Sale
750 CHELSEA AVE, Memphis, Tennessee 38107
0 Bedrooms
0 Bathrooms
0 Sqft
$399,999
Listing ID #10228773
Basic Details
- Property Type :
- Multi-family
- Listing Type :
- For Sale
- Listing ID :
- 10228773
- Price :
- $399,999
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 0 Sqft
- Year Built :
- 1965
- Lot Area :
- 0 Sqft
- Status :
- Active
- Days On Market :
- 1
Contact Agent

