Description
Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!
Details
| MLS # | 10220613 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 113 |
| Listing Provided By | Tri-Leake Realty | Duane Kinnard |
Features
| Story(s) | 2 |
|---|---|
| Units | 7 |
| Building(s) | 1 |
Interior
| Appliances Or Equipment | Range/Oven (Freestanding), Refrigerator, Smoke Detector(s) |
|---|
Exterior
| Roof | Built-Up, Shingle/Shake |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Attached, Concrete |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | LUCY A TATE |
| Listing VS Median (in LUCY A TATE) | |
Price: $529,000 low | high Med: $0 On site: 113 low | high Med: | |
Market Activity 38126
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | LUCY A TATE |
| Listing VS Median (in LUCY A TATE) | |
Price: $529,000 low | high Med: $0 On site: 113 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $396K - $661K
sqft: 0 - 0
 | $105,000736 St Paul AveMemphis, TN 38126 |
Listing Updated: May 25, 2026 at 6:03:51 PM PDT