374 N DUNLAP ST Memphis, TN $ 535,000
374 N DUNLAP ST
$ 535,000
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374 N DUNLAP ST

Memphis, TN, 38105
$ 535,000
Bedrooms10 Baths10.0

Monthly Estimate*

$ 3,294

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Multi-Family Home for sale in Memphis, TN

for $535,000 with 10 bedrooms and 10 full baths. This home was built in 1959 on a lot size of 0.34.

Located in a strong rental neighborhood, this value-add investment is strategically positioned for a new buyer. The opportunity provides a new investor with the ability to achieve significant upside from a well-located asset. The property is located just 1 block from the Medical District and 1 mile from the Crosstown Concourse. Nicely manicured with an open, U shaped layout, the property feels large and welcoming. All units feature 1 bedroom and 1 bathroom. The current owner has fully renovated 6 of the 10 units along with other capital improvements, including window, plumbing, and electrical updates, as well as a new roof in 2022. A few upgrades and some well-placed capital improvements by a new investor can significantly drive both rents and long-term value.

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Multi-Family Pending

Price

$ 535,000

Bedrooms

10

Full Bath

10

Property Type

Multi-Family

Taxes

$ 1,792

Style

Apartment Building

Lot Size

0.34

Year Built

1959

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10184186

Features
General
Roof Composition
Construction Brick
Status Pending Pending
Legal Subdivision Name Lane
Stories Count 1
County Shelby
Class Multi-Family
Laundry Y/N None
Type Apartment Building
Area 741E Harbor Town/Downtown
Parcel Number 051014 00047
Sale/Rent For Sale
Status Detail 0
Year Built 1959
Directions From Midtown go West on Poplar turn North on Dunlap. Property is on the right.
City Memphis
DOM 27
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 0.34 acres
Parking Facility Gravel Offsite/Street
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Interior
Hot Water Electrical
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* Excluded Features
List By
Prime Real Estate Group

Broker

Affordability Calculator

$3,443
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,294
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2024$535,000 Listed Price

Map


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374 N DUNLAP ST, Memphis, TN, 38105 is a Multi-Family Home for sale at $535,000 with a lot size of 0.34. 374 N DUNLAP ST has 10 bedrooms, 10.0 baths, and was built in 1959. The property's zip code is 38105 which is in Memphis, TN