Description
Income, upside and seller flexibility minutes from Downtown Memphis. This 6-unit features all 2-bedroom units with scheduled rents of $5,400 per month. The seller is currently turning over the tenant base, giving an incoming investor the opportunity to establish a stronger tenant profile, improve operations and position the asset for increased cash flow. To make the transition even more attractive, the seller is open to providing a short term credit for any vacant unit.
Details
| MLS # | 10231568 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 18 |
| Listing Provided By | Crye-Leike Commercial | Jeffrey Moore |
Features
| Story(s) | 2 |
|---|---|
| Units | 6 |
| Building(s) | 1 |
Interior
| Appliances Or Equipment | Refrigerator, Range/Oven (Freestanding) |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | GRAHAM |
| Listing VS Median (in GRAHAM) | |
Price: $574,500 low | high Med: $0 On site: 18 low | high Med: | |
Market Activity 38126
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | GRAHAM |
| Listing VS Median (in GRAHAM) | |
Price: $574,500 low | high Med: $0 On site: 18 low | high Med: | |
Nearby Listings (Within 1/2 mile)
Price: $430K - $718K
sqft: 0 - 0
Listing Updated: October 2, 2026 at 11:07:50 AM PDT