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285 LUCY AVE Memphis, TN $ 315,000
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$ 315,000 Get more info
285 LUCY AVE
$ 315,000
Back to search
Share Save

285 LUCY AVE

Memphis, TN, 38106
$ 315,000
Bedrooms8 Baths4.0 Sq 2,500

Monthly Estimate*

$ 1,965

285 LUCY AVE, Memphis, TN 38106 - Image 1
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285 LUCY AVE, Memphis, TN 38106 - Image 3
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285 LUCY AVE, Memphis, TN 38106 - Image 5
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285 LUCY AVE, Memphis, TN 38106 - Image 10
285 LUCY AVE, Memphis, TN 38106 - Image 11

Multi-Family Home for sale in Memphis, TN

for $315,000 with 8 bedrooms and 4 full baths. This 2,500 square foot home was built in 1960.

Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units. Two occupied units rented at $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling. Professionally Managed (Lease, Ledgers, Maintenance History, & Pics at Request). Pictures of units are before tenants moved in. No wholesalers, assignments, or creative financing.

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Multi-Family Pending

Price

$ 315,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 819

Style

Fourplex

Year Built

1960

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10190234
Features
General
Roof Shingle/Shake
Construction Brick
Status Pending Pending
Legal Subdivision Name LATHAM & SIMPSON
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Fourplex
Area 747B South Memphis/61 Hwy
Parcel Number 013023 00005
Sale/Rent For Sale
Status Detail 0
Year Built 1960
Directions West on S Parkway right on Latham and left on Lucy. The complex is on the left.
City Memphis
DOM 198
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Exterior
Foundation Slab
Lot 61TO63
Number of Buildings 1
Lot Size 50 X 125
Parking Facility Concrete Attached
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Interior
Hot Water Public Water Public Sewer
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$2,033
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,965
Monthly Property Taxes
$68
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/6/2025$315,000 -4.26% Price Down
8/18/2025$329,000 -1.79% Price Down
4/8/2025$335,000 -1.47% Price Down
2/17/2025$340,000 Listed Price

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285 LUCY AVE, Memphis, TN, 38106 is a Multi-Family Home for sale at $315,000 with 2,500 sqft. 285 LUCY AVE has 8 bedrooms, 4.0 baths, and was built in 1960. The property's zip code is 38106 which is in Memphis, TN

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