$325,000

760 Richmond Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated payment $2,136/month

Total Views 12,366
8 Beds
-- Bath
2,700 Sq Ft
$120 Price per Sq Ft

About This Home

Perfect for House-Hackers or Savvy Investors! This updated four-plex features 4 spacious 2 bed / 1 bath units, making it an ideal opportunity to live in one unit while renting out the others. Previosuly renovated inside and out! Featuring fresh exterior paint, updated flooring, modern fixtures, and more. Can potentially generate $4,720/month with full occupancy on section 8. Each unit is separately metered for electricity, offering efficiency and ease for both landlord and tenants.

Listing Agent

Jonathan Nunez

Fast Track Realty, LLC License #349008

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 50 x 158.5

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Parking

  • Gravel Driveway
  • Paved Parking

Community Details

  • Mcnutt Subdivision

Listing and Financial Details

  • Section 8 Allowed
  • Assessor Parcel Number 025074 00032

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MLS Map #: 747B
  • MAAR Subdivision Name: MCNUTT
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 812500
  • Estimated Sq Ft: 2700
  • Year Built: 1966
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Concrete, Gravel

Utilities

  • Hot Water: Public Water, Public Sewer

Lot Info

  • Lot Number: 1
  • Acreage: 0.4
  • Lot Size: 50 X 158.5
  • Price Per Acre: 812500
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 13200
  • Tenant Pays: Electric
  • Type Of Leases: Subsidized Rents

Tax Info

  • Assessor Parcel Number: 025074 00032

Multi Family

  • Perc Occ: 25
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2025 04/20/25 For Sale $325,000 -- $120 / Sq Ft
Source: Memphis Area Association of REALTORS®

Similar Homes in Memphis, TN

  • 470 Walker Ave Unit 3, Memphis, TN 38126

    $299,900

    • 7 Beds
    • 470 Walker Ave
    • Unit 3
    • Memphis, TN

    This home is minutes away from downtown. Has been completely renovated. It has a 3-year-old roof, all new windows, ceiling fans in bedrooms, porcelain tile flooring, surveillance cameras, and has a large central unit for the residence. The home is a 2/1 and has a 2-unit building located in the rear and need to be finished, but great for rental to generate passive income. The home and the

    Tammy Owens Harris Realty Services

    Section Image
  • 285 Lucy Ave, Memphis, TN 38106

    $335,000

    • 8 Beds
    • 2,500 Sq Ft
    • 285 Lucy Ave
    • Memphis, TN

    Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 3 occupied Section 8 tenants and 1 vacant unit. Currently total rents are $2,930! This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling.

    Monica Bynum Crye-Leike, Inc., REALTORS

    Section Image
  • 2187 Court Ave, Memphis, TN 38104

    $350,000

    • 6 Beds
    • 2,978 Sq Ft
    • 2187 Court Ave
    • Memphis, TN

    Potential Potential Potential!!! This 3 unit Triplex is located in the heart of Midtown Memphis, and is ready for a new owner's finishing touches. Walk to all of the amenities of Overton Square, Overton Park and the Memphis Zoo! Harvest it's investment potential for yourself! The upstairs unit is tenant occupied at $800/mo, please do not disturb. Showings of occupied unit contingent on accepted

    Joshua Cooper Sowell, Realtors

    Section Image
  • 670 Bethel Ave, Memphis, TN 38107

    $300,000

    • 6 Beds
    • 3,144 Sq Ft
    • 670 Bethel Ave
    • Memphis, TN

    ***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split

    Randall Weatherall Memphis Metro Realty

    Section Image
  • 750 Chelsea Ave, Memphis, TN 38107

    $400,000

    • 8 Beds
    • 2,720 Sq Ft
    • 750 Chelsea Ave
    • Memphis, TN

    Easy access to local shops, restaurants, and major highways. Enjoy the convenience of being just minutes away from downtown Memphis while having a quiet and serene place to call home. Additional amenities include on-site laundry facilities, gated parking This 4 unit building is located just east of Booming Downtown Memphis and just minutes from the Bass Pro Pyramid Development Project. The unit

    Stephanie Bobo Crye-Leike, Inc., REALTORS

    Section Image
See All Homes in Memphis

Source: Memphis Area Association of REALTORS®

MLS Number: 10194704

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38106 South Memphis

760 Richmond Ave, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 760 Richmond Ave, Memphis, TN 38106 and is currently priced at $325,000, approximately $120 per square foot. This property was built in 1966. 760 Richmond Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Jonathan Nunez
Listing Agent
Jonathan Nunez
Section Image
Fast Track Realty, LLC
(901) 459-5651