1044 DELMAR AVE Memphis, TN $ 1,225,000
1044 DELMAR AVE
$ 1,225,000
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1044 DELMAR AVE

Memphis, TN, 38105
$ 1,225,000
Bedrooms23 Baths23.0

Monthly Estimate*

$ 7,543

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Multi-Family Home for sale in Memphis, TN

for $1,225,000 with 23 bedrooms and 23 full baths. This home was built in 1912.

Gated Delmar-Lema Historic District Village with 23 units near the Medical District. 6.6% pro forma cap rate. 1 bed/1bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. Exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

23

Full Bath

23

Property Type

Multi-Family

Taxes

$ 29,477

Style

Flat/Garden Units

Year Built

1912

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10218077

Features
General
Roof Composition
Construction Wood/Composition
Amenities Dumpster
Status Active Active
Legal Subdivision Name HARVEY
County Shelby
Class Multi-Family
Laundry Y/N None
Type Flat/Garden Units
Area 741E Harbor Town/Downtown
Parcel Number 020088 00016
Sale/Rent For Sale
Status Detail 0
Year Built 1912
Directions Heading West on Poplar Avenue towards downtown turn right on Decatur Street. Delmar Avenue is the last street on the right. The Delmar-Lema Historic District Village will be on the left.
City Memphis
DOM 10
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Exterior
Foundation Conventional/Crawl Space
Lot PT 8
Number of Buildings 17
Lot Size 245 X 210
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Public Water Public Sewer
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* Excluded Features
List By
Myers Cobb Realtors, Llc

Broker

Affordability Calculator

$9,999
Per Month
75%
25%
0%
Monthly Principal & Interest
$7,543
Monthly Property Taxes
$2,456
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
4/10/2026$1,225,000 -2.00% Price Down
3/31/2026$1,250,000 Listed Price

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1044 DELMAR AVE, Memphis, TN, 38105 is a Multi-Family Home for sale at $1,225,000. 1044 DELMAR AVE has 23 bedrooms, 23.0 baths, and was built in 1912. The property's zip code is 38105 which is in Memphis, TN