688 E MCLEMORE AVE Memphis, TN ^$ 245,000

688 E MCLEMORE AVE

^$ 245,000

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688 E MCLEMORE AVE

Memphis, TN, 38106

^$ 245,000

Bedrooms12 Baths4.0

Monthly Estimate*

^$ 1,711

688 E MCLEMORE AVE, Memphis, TN 38106 - Image 1

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688 E MCLEMORE AVE, Memphis, TN 38106 - Image 11

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Multi-Family Home for sale in Memphis, TN

for $245,000 with 12 bedrooms and 4 full baths. This home was built in 1959.

Do not miss out on this Buy and Hold opportunity, 4 Units, 3 bed 1 full bath with a half bath in each master bedroom with washer,dryer connections in each unit.100% occupied, monthly rent totaling $2658. This property is being sold AS IS. Please contact me for additional interior photos. Do not walk the property, drive by only.

Multi-Family Pending

Price

^$ 245,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,061

Style

Apartment Complex

Year Built

1959

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10165784

Features

General

Roof Metal Slate

Construction Brick

Status Pending Pending

Legal Subdivision Name HENRY MOORE

Stories 2

Class Multi-Family

Laundry Y/N Connections

Type Apartment Complex

Area 745E South Bluffs/Downtown

Year Built 1959

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size 75 X 143.8

Parking Facility Concrete

Interior

Hot Water Electrical Gas

* Excluded Features

List By

Braden, Braden & Braden Llc

Broker

Affordability Calculator

$1,883

Per Month

Monthly Principal & Interest: $1,711
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$373,259

Percent of Sale Price 52%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$245,000	-5.77%	Price Down
3/12/2024	$260,000	-10.34%	Price Down
2/13/2024	$290,000		Listed Price

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688 E MCLEMORE AVE, Memphis, TN, 38106 is a Multi-Family Home for sale at $245,000. 688 E MCLEMORE AVE has 12 bedrooms, 4.0 baths, and was built in 1959. The property's zip code is 38106 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 4/16/2024.

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688 E MCLEMORE AVE

Multi-Family Home for sale in Memphis, TN

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