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774 MELROSE ST Memphis, TN $ 1,750,000
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$ 1,750,000 Get more info
774 MELROSE ST
$ 1,750,000
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Share Save

774 MELROSE ST

Memphis, TN, 38104
$ 1,750,000
Bedrooms24 Baths24.0

Monthly Estimate*

$ 12,224

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Multi-Family Home for sale in Memphis, TN

for $1,750,000 with 24 bedrooms and 24 full baths. This home was built in 1956.

Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenants rights.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

24

Full Bath

24

Property Type

Multi-Family

Taxes

$ 24,968

Style

Apartment Complex

Year Built

1956

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10167542
Features
General
Roof Composition
Zoning RU-4
Construction Brick
Amenities Other (See REMARKS)
Status Active Active
Legal Subdivision Name MEACHAM&VOORHEIS
Class Multi-Family
Laundry Y/N Common Laundry
Type Apartment Complex
Area 746F Central Gardens
Year Built 1956
City Memphis
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 125X200
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Leco Realty, Inc.

Broker

Affordability Calculator

$14,305
Per Month
85%
15%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$2,081
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/19/2024$1,750,000 -11.62% Price Down
3/9/2024$1,980,000 Listed Price

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774 MELROSE ST, Memphis, TN, 38104 is a Multi-Family Home for sale at $1,750,000. 774 MELROSE ST has 24 bedrooms, 24.0 baths, and was built in 1956. The property's zip code is 38104 which is in Memphis, TN

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