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325 GREENLAW AVE Memphis, TN $ 1,199,000
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$ 1,199,000 Get more info
325 GREENLAW AVE
$ 1,199,000
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Share Save

325 GREENLAW AVE

Memphis, TN, 38105
$ 1,199,000
Bedrooms28 Baths14.0 Sq 10,500

Monthly Estimate*

$ 7,571

325 GREENLAW AVE, Memphis, TN 38105 - Image 1
325 GREENLAW AVE, Memphis, TN 38105 - Image 2
325 GREENLAW AVE, Memphis, TN 38105 - Image 3

Multi-Family Home for sale in Memphis, TN

for $1,199,000 with 28 bedrooms and 14 full baths. This 10,500 square foot home was built in 1968.

New to the market! This 14 Unit apartment complex in the heart of the medical district is a great addition to any buyers portfolio! 13/14 units are currently occupied bringing in $11,431/Month. All units are 2BR/1BA's. Over $250,000 of upgrades have been put into the complex over the last three years. Notably, a brand new roof 2 years ago and additional exterior & interior rehabs. Value-add potential exists because some rents are currently below market, rent roll of $15,500+/month once all units are renovated. Fantastic location on the corner of Greenlaw & 7th St. Minutes from downtown St. Jude Hospital, which is in the process of a 6yr 12.9 BILLION dollar expansion. Located in a high-growth corridor including new retail such as Chick-fil-A, this property is uniquely positioned to attract quality tenants and achieve full market rents. Current rent roll and T12 financials available for qualified buyers.Seller is open to holding a 2nd lien on anything over $1m for qualified offer.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

28

Full Bath

14

Property Type

Multi-Family

Taxes

$ 5,564

Style

Apartment Complex

Year Built

1968

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10211134
Features
General
Roof Composition
Construction Brick
Status Active Active
Legal Subdivision Name GWYNNE + GIBSON
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Apartment Complex
Area 741C Harbor Town/Downtown
Parcel Number 001090 00002C
Sale/Rent For Sale
Status Detail 0
Year Built 1968
Directions 325 Greenlaw Ave Memphis downtown near Sr Jude Hospital
City Memphis
DOM 62
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Exterior
Foundation Slab
Lot 3-4-5
Number of Buildings 3
Lot Size 157.50X163/140
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Gas
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* Excluded Features
List By
Realty International, Inc.

Broker

Affordability Calculator

$8,034
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$464
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/14/2026$1,199,000 -14.36% Price Down
12/11/2025$1,400,000 Listed Price

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325 GREENLAW AVE, Memphis, TN, 38105 is a Multi-Family Home for sale at $1,199,000 with 10,500 sqft. 325 GREENLAW AVE has 28 bedrooms, 14.0 baths, and was built in 1968. The property's zip code is 38105 which is in Memphis, TN

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