Homeslyst  /  For Sale  /  Multi-Family Homes  /  Tennessee  /  Listing 1610482

605 East Mc Lemore Avenue, Memphis, TN 38106 for Sale

Detailed Information

  • Type: Company

  • Price: $1,500,000

  • Location: Memphis, Tennessee, South Memphis Citizens United for Action

  • Address: 605 East McLemore Avenue, South Memphis Citizens United for Action, Memphis

  • Zip: 38106

  • Size: 11388 square feet

  • Property size: 21388 square feet

  • Condition: Used

  • For sale by: Broker

  • Agent: Jessica Sewell

36 unit apartment complex in Stax Museum area (Opportunity Zone!

). All units are 2 bed/1 bath. Current scheduled monthly income is $14,700. Serious upside in rents across the board plus 7 vacant units for immediate upside in gross monthly rent. Sale to include the 2 parcels the buildings are on, plus 5 vacant parcels behind the property as well, a total of 1.348 acres. Taxes on MLS autofill only one parcel - buyers can request full info from listing agent.

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