Price Reduction
Address
1261 CENTRAL AVE, Memphis, TN
Price
$ 450,000
Property Attributes
- MLS#10168971
- TypeMulti-Family
- CountySHELBY
- CityMemphis
- AreaCentral Gardens
- NeighborhoodANNESDALE
- Zip38104
- StyleConverted House
- Year Built1917
- Taxes$ 8002
- Price$ 450,000
- Bedrooms4
- Full Bathrooms6
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
Multifamily property with 6 units. Right in the heart of midtown by the medical district. Perfect for Medical Professionals or Medical / Dental Students. Located in a quiet neighborhood and surrounded by beautiful trees. This is a must see property to start or grow your investment portfolio. Could even be a house hack for a young investor looking for a value add opportunity. Priced to sell at $450,000.
| Price History | |
|---|---|
| 3/29/2024 | Listed $480,000 |
| 4/29/2024 | 7% - $450,000 |
General Features
| Roof | Composition |
|---|---|
| Construction | Brick/Veneer |
| Status | Active |
| Legal Subdivision Name | SNOWDEN HOMESTEAD |
| Stories | 2 |
| Class | Multi-Family |
| Laundry Y/N | None |
| Type | Converted House |
| Area | 746F |
| Status | Active |
| OPERATING EXPENSES | Insurance,Repairs/Maintenance,Taxes |
| Area | Central Gardens |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Wall Heat |
| COOLING SYSTEMS | 1 Window Unit per Unit |
| Year Built | 1917 |
| City | Memphis |
Interior Features
| Hot Water | House System,Public Water |
|---|---|
| Total # of Units | 6 |
| # 1 Bedroom Units | 2 |
| # 2 Bedroom Units | 1 |
| # Efficiency/Studio Units | 3 |
| FLOORS/CEILINGS | Tile,Wood Laminate Floors |
Exterior Features
| Foundation | Partial Basement,Unfinished Basement |
|---|---|
| Number of Buildings | 1 |
| Lot Size | 60X150 |
| Parking Facility | Concrete,Gravel |
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 38104
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: May 5, 2024 9:33 AM UTC
