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$170,000   Price Analysis
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123 Majuba Ave
Memphis, TN 38109
Unknown bed None bath unknown SqFt ($0/SqFt)
9,583SqFt lot. Built 1957
Listed 2024-03-04, Taxes $601		Ⓧ USDA Ineligible
due to location
near Memphis

OPPORTUNITY K NOCKS!

* Sale Pending *

All Brick qudplex for sale on one level. Fully Vacant. Seller has made substantial repairs and some of the units are rent ready. Could be a real moneymaker (new roof, new electrical, new plumbing, new windows, low maintenance exterior, new kitchens, etc).

ONLINE VIDEO AVAILABLE UPON REQUEST. All four units are 1 bedroom 1 bathroom. Excellent investment opportunity. Rare opportunity. Market rent is $600 or so per unit, Some repairs needed but good bones and tons of upgrades.


Presented by Tyler Tapley at
Crye-Leike, Inc., REALTORS.
Listing Agent Photo

Property MLS #10167131 from Memphis

Laundry Facilities: Connections

Flooring: Tile, Wood Laminate Floors

Ceiling Fan(s)

Lot Size Acres: 0.22
Lot Size Dimensions: 100X100
Lot Size Square Feet: 9583

Garage Description: Concrete

Number of Buildings: 1
Number of Units: 4
Unit Type: 1 BR - 1 Bath
Number of Studio Units: 4
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1

Tenant Pays: Some Utilities, Heating, Electric, Security Deposit

Annual Tax Amount: 374
Source Listing Status: Pending
County: Shelby
Directions: Take Hwy 55 to the S Pkw W exit. Head east. Right on Kansas St. Right on Majuba. Home on left.
Source Property Type: Multi-Family
Inclusions: Building and Land
Area: South Memphis/61 Hwy
Source Neighborhood: SPION KOP BLK 12
Owner Pays: Management, Other (Call LA)
Subdivision: SPION KOP BLK 12
Property Subtype: Flat/Garden Units
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$4,480 + $5,400
$9,880		$601
2021$4,480 + $5,400
$9,880		$608
2020$3,840 + $5,400
$9,240		$669
2019$3,840 + $5,400
$9,240		$669
2018$3,840 + $5,400
$9,240		$669
2017$3,840 + $5,400
$9,240		$379
2016$4,160 + $4,480
$8,640		$377
2015$4,160 + $4,480
$8,640		$377
2014$4,160 + $4,480
$8,640		$377
2013$4,160 + $4,480
$8,640		$378
2012$4,080 + $5,000
$9,080		$365
2010$4,080 + $5,000
$9,080		$365
2007$3,760 + $6,000
$9,760		$729
2006$3,760 + $6,000
$9,760		$729

Listing removed 2024-04-26
$0
Memphis
Listed 2024-03-08
$170,000
Memphis
Listed 2024-03-04
$170,000
Memphis
Listing removed 2021-11-24
$0
AppfolioUnits
Price Changed for rent 2021-11-04
$525
AppfolioUnits
Listed for rent 2021-09-20
$575
AppfolioUnits
Sold 2020-12-10
$95,000
Memphis
Listing removed 2017-03-13
$9,900
Memphis
Listed 2017-01-07
$9,900
Memphis
Sold 1989-01-01
$41,000
Public Record
Sold 1988-01-01
$23,670
Public Record

Year Built: 1957
Construction Materials: Brick/Veneer
Foundation Details: Slab
Property Age: 67
Roof: Pitched
Levels or Stories: 1

Riverview Middle School is a public elementary and middle school located approximately 0.2 miles away.
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Hamilton High School is a public high school located approximately 2.9 miles away.
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Creative Life Preparatory School is a private elementary, middle and high school located approximately 1.3 miles away.
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