Address
2452 KETCHUM CV, Memphis, TN
Price
$ 2,400,000
Property Attributes
- MLS#10159922
- TypeMulti-Family
- CountySHELBY
- CityMemphis
- AreaAirport-Oakhaven
- NeighborhoodOakhaven-Airport
- Zip38115
- StyleApartment Complex
- Year Built1965
- Taxes$ 24366
- Price$ 2,400,000
- Bedrooms72
- Full Bathrooms65
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
This 65-unit multifamily property is located in SE Memphis. The property is situated in a strategic location near top employers of Memphis such as FedEx, UPS, and Kelloggâs providing a large pool of potential tenants and increased demand for rental properties. It has an exterior brick and concrete block interior, making it sturdy and low maintenance. Price reduction!
| Price History | |
|---|---|
| 10/31/2023 | Listed $3,000,000 |
| 12/3/2023 | 7% - $2,800,000 |
| 3/14/2024 | 36% - $1,800,000 |
General Features
| Roof | Flat |
|---|---|
| Construction | Brick/Veneer |
| Amenities | Extra Storage,Leasing Office,Maintenance Office,Dumpster,Privacy Walls/Fences |
| Status | Active |
| Legal Subdivision Name | Ketchum Cv. Commercial Sub |
| Stories | 3 |
| Class | Multi-Family |
| Laundry Y/N | None |
| Type | Apartment Complex |
| Area | 771S |
| Status | Active |
| OPERATING EXPENSES | On-Site Management,Insurance,Some Utilities,Trash Collection,Repairs/Maintenance,Taxes,Accounting/Legal,Services,Payroll |
| Area | Airport/Oakhaven |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Central,Gas,Electrical,Wall Heat |
| COOLING SYSTEMS | Central,Electrial |
| Year Built | 1965 |
| City | Memphis |
Interior Features
| Hot Water | Electrical,Septic Tank |
|---|---|
| Total # of Units | 65 |
| # 1 Bedroom Units | 56 |
| # 2 Bedroom Units | 8 |
| FLOORS/CEILINGS | Tile,Partial Carpet,Dry Wall,Concrete |
Exterior Features
| Foundation | Slab,Storage Area,Laundry Facility |
|---|---|
| Number of Buildings | 3 |
| Lot Size | 1.37 |
| MISCELLANEOUS EXTERIOR | Security Lighting,On-Site Commercial Space,Some Landscaping,Professional Landscaping,Wood Fence,Partically Fenced |
| Parking Facility | Asphalt/Blacktop,Attached |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 38115
Price
Taxes
Visits
Year Built
Copyright © 2024 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: April 28, 2024 8:42 PM UTC
