1680 Kansas St Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $8,491/month
Highlights
- 0.4 Acre Lot
- Security Gate
- Laundry Facilities
- Mini Split Air Conditioners
- Landscaped
- Wood Fence
About This Home
Welcome to Sunny Grove! This is a 22-unit fully occupied property with two buildings and one graveled parking lot. Spanning 3 addresses (1680 Kansas St, 1686 Kansas St and 1683 Kansas), it is a turnkey, renovated, cash-flowing property to a VA-Funded Nonprofit for veterans in need. 3-year lease is in place! $13k/mo in rental income, utilities reimbursed, maintenance reimbursed, no Capex needed! What an opportunity! Oh and the non profit provides onsite management, handles tenant turnover, and maintenance requests. All units have been updated to meet VA requirements and both buildings have newer roofs. Laundry onsite. This property is already delivering a fantastic ROI and long term cash flow. It's now your time to reap the benefits! Rent rolls, financials, and records available upon request. Inspections with due diligence. Text or Call agent for additional information and questions.
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 72.38 x 243.7
- Wood Fence
- Landscaped
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 5,760 Sq Ft Home
- Vinyl Flooring
- Security Gate
Parking
- Parking Available
- Gravel Driveway
- Paved Parking
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Electric Water Heater
Community Details
- South Memphis Land Co Subdivision
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 050051 00001
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Price Changed | $1,290,000 | -4.4% | $224 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $1,350,000 | 0.0% | $234 / Sq Ft |
| 03/23/2025 03/23/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $1,350,000 | -6.9% | $234 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | Price Changed | $1,450,000 | -9.4% | -- |
| 05/08/2022 05/08/22 | For Sale | $1,600,000 | +213.7% | -- |
| 10/29/2021 10/29/21 | Sold | $510,000 | -10.4% | $89 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | Price Changed | $569,000 | -36.4% | $99 / Sq Ft |
| 09/18/2021 09/18/21 | For Sale | $895,000 | +155.7% | $155 / Sq Ft |
| 12/01/2020 12/01/20 | Sold | $350,000 | -12.3% | $27 / Sq Ft |
| 08/21/2020 08/21/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | Price Changed | $399,000 | -10.3% | $31 / Sq Ft |
| 06/26/2020 06/26/20 | Price Changed | $445,000 | -1.1% | $34 / Sq Ft |
| 05/30/2020 05/30/20 | For Sale | $450,000 | -10.0% | $35 / Sq Ft |
| 04/16/2019 04/16/19 | Sold | $500,000 | -9.1% | $25 / Sq Ft |
| 02/13/2019 02/13/19 | Price Changed | $550,000 | -7.5% | $28 / Sq Ft |
| 12/14/2018 12/14/18 | Price Changed | $594,900 | -0.9% | $30 / Sq Ft |
| 09/10/2018 09/10/18 | For Sale | $600,000 | -- | $30 / Sq Ft |
Source: Memphis Area Association of REALTORS®
MLS Number: 10191974
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