$1,800,000 Price Analysis    ♡   Memphis, TN 38114 Unknown bed None bath unknown SqFt ($0/SqFt) 1.37 acre lot. Built 1965 Listed 2023-10-31 | Ⓧ USDA Ineligible due to price & location near Memphis |
This 65-unit multifamily property is located in SE Memphis.
The property is situated in a strategic lo cation near top employers of Memphis such as FedEx, UPS and Kelloggs providing a large pool of potential tenants and increased demand for rental properties.
It has an exterior brick and concrete block intrior, making it sturdy and low maintenance. Price reduction!
Presented by LaQuisha Wilks at
Assured Real Estate Services.
Property MLS #10159922 from Memphis
Cooling Features: Central, Electrial
Heating Features: Central, Gas, Electrical, Wall Heat
Water Heaters: Electrical, Septic Tank
Heating Features: Central, Gas, Electrical, Wall Heat
Water Heaters: Electrical, Septic Tank
Interior Amenities: Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)
Flooring: Tile, Partial Carpet, Dry Wall, Concrete
Flooring: Tile, Partial Carpet, Dry Wall, Concrete
Security Lighting
On-Site Commercial Space
Some Landscaping
Professional Landscaping
Wood Fence
Partically Fenced
On-Site Commercial Space
Some Landscaping
Professional Landscaping
Wood Fence
Partically Fenced
Lot Size Acres: 1.37
Lot Size Dimensions: 1.37
Lot Size Square Feet: 59677
Lot Size Dimensions: 1.37
Lot Size Square Feet: 59677
Garage Description: Asphalt/Blacktop, Attached
Number of Buildings: 3
Number of Units: 65
Unit Type: 1 BR - 1 Bath, 2 BR - 1 Bath
Number of 1 Bedroom Units: 56
Number of 2 Bedroom Units: 8
Number of Units: 65
Unit Type: 1 BR - 1 Bath, 2 BR - 1 Bath
Number of 1 Bedroom Units: 56
Number of 2 Bedroom Units: 8
Extra Storage
Leasing Office
Maintenance Office
Dumpster
Privacy Walls/Fences
Leasing Office
Maintenance Office
Dumpster
Privacy Walls/Fences
Lease Term: Monthly
Tenant Pays: All Utilities, Security Deposit
Tenant Pays: All Utilities, Security Deposit
Annual Tax Amount: 13560
Source Listing Status: Active
County: Shelby
Directions: Go west on I-240 Take exit 23A Airways BLVD North 0.2mi turn right at the intersection of Airways and Ketchum In 250ft make a fast right onto Ketchum Cv Apartments straight ahead
Source Property Type: Multi-Family
Inclusions: Building and Land, Some Appliances
Area: Airport/Oakhaven
Source Neighborhood: Ketchum Cv. Commercial Sub
Owner Pays: On-Site Management, Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Taxes, Accounting/Legal, Services, Payroll
Subdivision: Ketchum Cv. Commercial Sub
Property Subtype: Apartment Complex
Source System Name: C2C
Source Listing Status: Active
County: Shelby
Directions: Go west on I-240 Take exit 23A Airways BLVD North 0.2mi turn right at the intersection of Airways and Ketchum In 250ft make a fast right onto Ketchum Cv Apartments straight ahead
Source Property Type: Multi-Family
Inclusions: Building and Land, Some Appliances
Area: Airport/Oakhaven
Source Neighborhood: Ketchum Cv. Commercial Sub
Owner Pays: On-Site Management, Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Taxes, Accounting/Legal, Services, Payroll
Subdivision: Ketchum Cv. Commercial Sub
Property Subtype: Apartment Complex
Source System Name: C2C
Price Changed 2024-05-16
$1,800,000
Memphis
Price Changed 2024-03-14
$2,400,000
Memphis
Price Changed 2023-12-03
$2,800,000
Memphis
Listed 2023-10-31
$3,000,000
Memphis
$1,800,000
Memphis
Price Changed 2024-03-14
$2,400,000
Memphis
Price Changed 2023-12-03
$2,800,000
Memphis
Listed 2023-10-31
$3,000,000
Memphis
Operating Expense: 24666
Year Built: 1965
Construction Materials: Brick/Veneer
Foundation Details: Slab, Storage Area, Laundry Facility
Property Age: 59
Roof: Flat
Levels or Stories: 3
Construction Materials: Brick/Veneer
Foundation Details: Slab, Storage Area, Laundry Facility
Property Age: 59
Roof: Flat
Levels or Stories: 3
Alcy Elementary School is a public elementary school located approximately 1.2 miles away.
Map directions
Map directionsMelrose High School is a public high school located approximately 2.1 miles away.
Map directions
Map directionsSherwood Middle School is a public middle school located approximately 2.6 miles away.
Map directions
Map directionsSt. John Catholic School is a private elementary school located approximately 1.5 miles away.
Map directions
Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.