1493 GAITHER ST Memphis, TN $ 275,000
1493 GAITHER ST
$ 275,000
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1493 GAITHER ST

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

Monthly Estimate*

$ 1,693

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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.

Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you’re expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.

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Multi-Family Active

Price

$ 275,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,956

Style

Fourplex

Year Built

1970

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217289

Features
General
Roof Composition
Construction Brick
Status Active Active
Legal Subdivision Name GREENLAND HGTS
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Fourplex
Area 747B South Memphis/61 Hwy
Parcel Number 034060 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1970
Directions Building is on the right. Next to the playground
City Memphis
DOM 0
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Exterior
Foundation Slab
Lot 5
Number of Buildings 1
Lot Size 50 X 150
Parking Facility Asphalt/Blacktop Concrete
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Exp Realty, Llc

Broker

Affordability Calculator

$1,940
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$246
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
3/20/2026$275,000 Listed Price

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1493 GAITHER ST, Memphis, TN, 38106 is a Multi-Family Home for sale at $275,000 with 2,700 sqft. 1493 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