$429,900

Estimated payment $2,522/month

Total Views 12,587
14 Beds
-- Bath
3,264 Sq Ft
$132 Price per Sq Ft

Highlights

  • Wood Flooring
  • Landscaped
  • Central Heating and Cooling System
  • Storm Windows

About This Home

7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearby—including new townhomes and a 5-story hotel—this area is set for significant appreciation. Perfectly positioned for investors seeking long-term growth, this fourplex combines historic appeal with the potential for increased future value. Don’t miss your chance to invest in this rapidly evolving area! Stove, Refrigerator, Washer & Dryer included.

Listing Agent

Catrell Maclin

KAIZEN Realty, LLC License #353254

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140.7
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Storm Windows
  • Free-Standing Range

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 031035 00019

Community Details

Overview

  • Lamar Park Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 746J
  • MAAR Subdivision Name: LAMAR PARK
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 2686875
  • Estimated Sq Ft: 3264
  • Year Built: 1910
  • Construction: Brick, Brick/Veneer, Storm Window(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Conventional/Crawl Space, Slab
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Sidewalks, Some Landscaping

Garage/Parking

  • Parking Facility: Assigned, Concrete

Utilities

  • Hot Water: Electrical, Public Sewer, Public Water
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Dryer in Unit, Equipment Owned, Washer in Unit

Lot Info

  • Lot Number: S PT 53
  • Acreage: 0.16
  • Lot Size: 50 X 140.7
  • Price Per Acre: 2686875
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 44000
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 031035 00019

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 3
  • Number3 Bedroom Units: 2
  • Number Efficiency Studio Units: 10
  • Number Other Units: 3
  • Type of Unit: 4 or More Bedrooms, Some Fireplaces

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,475 $43,520 $4,000 $39,520
2023 $2,651 $43,520 $4,000 $39,520
2022 $2,651 $43,520 $4,000 $39,520
2021 $2,682 $43,520 $4,000 $39,520
2020 $2,951 $40,720 $4,000 $36,720
2019 $2,951 $40,720 $4,000 $36,720
2018 $2,951 $40,720 $4,000 $36,720
2017 $1,674 $40,720 $4,000 $36,720
2016 $1,893 $43,320 $0 $0
2014 $1,893 $43,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 For Sale $429,900 -- $132 / Sq Ft
Source: Memphis Area Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 Credit Line Revolving
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10186829

Memphis Area Association of REALTORS®

APN: 03-1035-0-0019