487 WILLIAMS AVE Memphis, TN $ 379,000
487 WILLIAMS AVE
$ 379,000
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487 WILLIAMS AVE

Memphis, TN, 38126
$ 379,000
Bedrooms12 Baths6.0 Sq 4,200

Monthly Estimate*

$ 2,364

487 WILLIAMS AVE, Memphis, TN 38126 - Image 1
487 WILLIAMS AVE, Memphis, TN 38126 - Image 2
487 WILLIAMS AVE, Memphis, TN 38126 - Image 3
487 WILLIAMS AVE, Memphis, TN 38126 - Image 4
487 WILLIAMS AVE, Memphis, TN 38126 - Image 5
487 WILLIAMS AVE, Memphis, TN 38126 - Image 6
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487 WILLIAMS AVE, Memphis, TN 38126 - Image 9
487 WILLIAMS AVE, Memphis, TN 38126 - Image 10

Multi-Family Home for sale in Memphis, TN

for $379,000 with 12 bedrooms and 6 full baths. This 4,200 square foot home was built in 1964.

PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.

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Multi-Family Active

Price

$ 379,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 1,335

Style

Apartment Building

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10197300

Features
General
Roof Shingle/Shake
Construction Brick
Status Active Active
Legal Subdivision Name WILSON
County Shelby
Class Multi-Family
Laundry Y/N Dryer in Unit Washer in Unit
Type Apartment Building
Area 745E South Bluffs/Downtown
Parcel Number 025013 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1964
Directions Get on I-240 W. Get on I-240 W. Merge onto Cummings St. Turn left onto E McLemore Ave. Turn right onto S Wellington St. Turn right onto Williams Ave.
City Memphis
DOM 183
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Exterior
Foundation Slab
Lot 12
Number of Buildings 1
Lot Size 50 X 170
Parking Facility Detached Gravel More Than 1 Per Unit
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Interior
Hot Water Gas
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* Excluded Features
List By
Kaizen Realty, Llc

Broker

Affordability Calculator

$2,476
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,364
Monthly Property Taxes
$111
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
Pricing History
DatePricePrice ChangeDescription
11/6/2025$379,000 -2.82% Price Down
8/18/2025$390,000 -7.14% Price Down
5/22/2025$420,000 Listed Price

Map


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487 WILLIAMS AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $379,000 with 4,200 sqft. 487 WILLIAMS AVE has 12 bedrooms, 6.0 baths, and was built in 1964. The property's zip code is 38126 which is in Memphis, TN