Back to search
1535 GAITHER ST Memphis, TN $ 275,000
Share Save
$ 275,000 Get more info
1535 GAITHER ST
$ 275,000
Back to search
Recently Listed
Share Save

1535 GAITHER ST

Memphis, TN, 38106
$ 275,000
Bedrooms8 Baths4.0 Sq 2,700

Monthly Estimate*

$ 1,693

1535 GAITHER ST, Memphis, TN 38106 - Image 1
1535 GAITHER ST, Memphis, TN 38106 - Image 2
1535 GAITHER ST, Memphis, TN 38106 - Image 3

Multi-Family Home for sale in Memphis, TN

for $275,000 with 8 bedrooms and 4 full baths. This 2,700 square foot home was built in 1970.

Four-Unit Multifamily Investment Opportunity Excellent value-add opportunity with this 4-unit multifamily property. One unit is currently occupied, generating $750 per month in rental income. The remaining three units are vacant and ready for renovation, offering significant upside potential. All units have wall heat and mini-split style A/C. Market rent comps support projected rents of approximately $800 per unit once rehabbed. Ideal for investors looking to add value through renovations and increase long-term cash flow. This an attractive opportunity for buy-and-hold or portfolio expansion. Seller will consider owner financing as an option.

See more
Multi-Family Active

Price

$ 275,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,608

Style

Fourplex

Year Built

1970

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10212733
Features
General
Roof Flat
Construction Brick
Amenities Other (See REMARKS)
Status Active Active
Legal Subdivision Name Greenland Heights
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N None
Type Fourplex
Area 747B South Memphis/61 Hwy
Unit Number 1-4
Parcel Number 034060 00037
Sale/Rent For Sale
Status Detail 0
Year Built 1970
Directions Traveling West on I-240 Take I-240 North exit East at South Parkway East exit 28B. Take a left travel West on College St turn right & head North on Kerr Ave Turn left (West) onto Gaither St turn Left
City Memphis
DOM 0
See more
Exterior
Foundation Slab
Number of Buildings 1
Lot Size 7500
Parking Facility Asphalt/Blacktop
See more
Interior
Hot Water Electrical
See more
* Excluded Features
List By
Crestcore Realty, Llc

Broker

Affordability Calculator

$1,911
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$217
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/13/2026$275,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1535 GAITHER ST, Memphis, TN, 38106 is a Multi-Family Home for sale at $275,000 with 2,700 sqft. 1535 GAITHER ST has 8 bedrooms, 4.0 baths, and was built in 1970. The property's zip code is 38106 which is in Memphis, TN

Get more info