661 ST PAUL AVE Memphis, TN $ 579,000
661 ST PAUL AVE
$ 579,000
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661 ST PAUL AVE

Memphis, TN, 38126
$ 579,000
Bedrooms14 Baths7.0 Sq 5,400

Monthly Estimate*

$ 3,565

661 ST PAUL AVE, Memphis, TN 38126 - Image 1
661 ST PAUL AVE, Memphis, TN 38126 - Image 2
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661 ST PAUL AVE, Memphis, TN 38126 - Image 4
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661 ST PAUL AVE, Memphis, TN 38126 - Image 10
661 ST PAUL AVE, Memphis, TN 38126 - Image 11

Multi-Family Home for sale in Memphis, TN

for $579,000 with 14 bedrooms and 7 full baths. This 5,400 square foot home was built in 1966.

Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!

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Multi-Family Active

Price

$ 579,000

Bedrooms

14

Full Bath

7

Property Type

Multi-Family

Taxes

$ 6,084

Style

Apartment Building

Year Built

1966

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10220613

Features
General
Roof Built-Up Shingle/Shake
Construction Brick
Status Active Active
Legal Subdivision Name LUCY A TATE
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections Dryer in Unit Washer in Unit
Type Apartment Building
Area 745E South Bluffs/Downtown
Parcel Number 011029 00003
Sale/Rent For Sale
Status Detail 0
Year Built 1966
Directions From Downtown take I-40 to Danny Thomas exit heading South turn left onto St. Paul follow until crossing S Orleans St and buildings to the right.
City Memphis
DOM 0
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Exterior
Foundation Slab
Lot 9
Number of Buildings 1
Lot Size 70X160
Parking Facility Attached Concrete
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Interior
Hot Water Gas
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* Excluded Features
List By
Tri-Leake Realty

Broker

Affordability Calculator

$4,072
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,565
Monthly Property Taxes
$507
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
5/1/2026$579,000 Listed Price

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661 ST PAUL AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $579,000 with 5,400 sqft. 661 ST PAUL AVE has 14 bedrooms, 7.0 baths, and was built in 1966. The property's zip code is 38126 which is in Memphis, TN