$1,950,000 Price Analysis    ♡   Memphis, TN 38127 50 bed None bath unknown SqFt ($0/SqFt) 1.0 acre lot. Built 1974 Listed 2024-02-07 | Ⓧ USDA Ineligible due to price & location near Memphis |
Property Details
Newly renovated 25- 2 bed/1 bath units 1695 and1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outd oor pool, tennis center, open field space and the Ed Rice Communty Center.
Stove and Refrigerator included Laundry Facility on site 85% occupied
Presented by Robert Newman at
Rp Newman Realty Llc.
Property MLS #10165391 from Memphis
Bedrooms: 50
Laundry Facilities: Common Laundry
Cooling Features: Central, Electrial
Heating Features: Central, Electrical
Water Heaters: Electrical
Heating Features: Central, Electrical
Water Heaters: Electrical
Flooring: Vinyl Floor, Partial Carpet
Lot Size Acres: 1.0
Lot Size Dimensions: 1 acre
Lot Size Square Feet: 43560
Lot Size Dimensions: 1 acre
Lot Size Square Feet: 43560
Garage Description: Asphalt/Blacktop
Number of Buildings: 4
Number of Units: 25
Unit Type: 2 BR - 1 Bath
Number of 2 Bedroom Units: 25
Number of Units: 25
Unit Type: 2 BR - 1 Bath
Number of 2 Bedroom Units: 25
Lease Term: Year
Tenant Pays: All Utilities, Water/Sewer, Security Deposit, Pet Depost
Tenant Pays: All Utilities, Water/Sewer, Security Deposit, Pet Depost
Annual Tax Amount: 4561
Source Listing Status: Active
County: Shelby
Directions: Get on I-40 E/I-55 S from Stephen Blvd and S Service Rd 2 min (0.6 mi) Follow I-40 E to N Watkins St in Memphis. Take exit 3 from I-40 11 min (11.7 mi) Follow N Watkins St to Ontario Ave 2 min (0.6 mi) 1695 Ontario Ave
Source Property Type: Multi-Family
Inclusions: Some Appliances
Insurance Expense: 16800
Area: Frayser/Whitney
Source Neighborhood: IDLEWOOD APTS
Owner Pays: Management, Insurance, Some Utilities, Repairs/Maintenance, Taxes
Subdivision: IDLEWOOD APTS
Property Subtype: Apartment Building
Source System Name: C2C
Source Listing Status: Active
County: Shelby
Directions: Get on I-40 E/I-55 S from Stephen Blvd and S Service Rd 2 min (0.6 mi) Follow I-40 E to N Watkins St in Memphis. Take exit 3 from I-40 11 min (11.7 mi) Follow N Watkins St to Ontario Ave 2 min (0.6 mi) 1695 Ontario Ave
Source Property Type: Multi-Family
Inclusions: Some Appliances
Insurance Expense: 16800
Area: Frayser/Whitney
Source Neighborhood: IDLEWOOD APTS
Owner Pays: Management, Insurance, Some Utilities, Repairs/Maintenance, Taxes
Subdivision: IDLEWOOD APTS
Property Subtype: Apartment Building
Source System Name: C2C
Listed 2024-02-07
$1,950,000
Memphis
$1,950,000
Memphis
Operating Expense: 7500
Year Built: 1974
Construction Materials: Brick, Wood/Composition
Foundation Details: Slab
Property Age: 50
Roof: Shingle/Shake
Levels or Stories: 2
Construction Materials: Brick, Wood/Composition
Foundation Details: Slab
Property Age: 50
Roof: Shingle/Shake
Levels or Stories: 2
Whitney Achievement Elementary School is a public elementary school located approximately 1.2 miles away.
Map directions
Map directionsMartin Luther King Preparatory High School is a public high school located approximately 1.2 miles away.
Map directions
Map directionsGrandview Heights Middle is a public middle school located approximately 1.4 miles away.
Map directions
Map directionsNew Hope Christian Academy is a private elementary school located approximately 1.2 miles away.
Map directions
Map directions
Click Thumbnail Images To View Full Size
 |  |  | |  |
 |  | |||
The 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.