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$ 394,999
Est. payment /mo
Price Dropped by $5K
750 CHELSEA AVE Memphis, TN 38107
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Flat/Garden Units
Listing Status Active
Purchase Type For Sale
Subdivision Robertson S/D
MLS Listing ID 10228773
Year Built 1965
Annual Tax Amount $5,114
Property Sub-Type Flat/Garden Units
Property Description
One purchase, four rental units—all currently occupied! This Memphis fourplex offers four 2-bedroom, 1-bath units with scheduled rental income of $3,275 monthly/$39,300 annually. Gated parking and recently added washers and dryers offer practical conveniences for tenants. Tenants are responsible for electric, gas, and trash, while the owner pays water. Located minutes from Downtown Memphis and the Bass Pro Pyramid, with shopping, dining, and major highways nearby. Priced at $399,999, this property brings four rental units together in one investment. Schedule a closer look and explore how it fits your portfolio!
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring Other (See Remarks)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Other (See REMARKS)
Listed by Alicia L Teeter • The Firm