750 Chelsea Ave, Memphis, TN 38107

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List Price
$394,999
Price Change
▼ $5,000 1790816311
MLS#
10228773
Property Type
Multifamily
Lot Size
55.26/47.1X165.38/192.14
Status
ACTIVE

Property Description

One purchase, four rental units—all currently occupied! This Memphis fourplex offers four 2-bedroom, 1-bath units with scheduled rental income of $3,275 monthly/$39,300 annually. Gated parking and recently added washers and dryers offer practical conveniences for tenants. Tenants are responsible for electric, gas, and trash, while the owner pays water. Located minutes from Downtown Memphis and the Bass Pro Pyramid, with shopping, dining, and major highways nearby. Priced at $399,999, this property brings four rental units together in one investment. Schedule a closer look and explore how it fits your portfolio!

Additional Information

Annual City Tax
2504
Annual County Tax
2610
Construction
Brick
Foundation
Slab
Hot Water
Other (See REMARKS)
Legal Subdivision
Robertson S/D
Lot
S W PT 1
Lot Size
55.26/47.1X165.38/192.14
New Financing
Cash Only, Conventional, Other (Call LA)
Parking Facility
Asphalt/Blacktop
Roof
Composition
Stories
2
Subdivision
ROBERTSON
Subtype
Flat/Garden Units
Tenant Pays
Other (Call LA), Water/Sewer
Year Built
1965

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Listing courtesy of The Firm.

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