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+19018339734
Legendary Realty
4034 Berkshire Ave, Memphis, TN 38108
- $378,968
- List Price
- $378,968
- MLS#
- 10231618
- Property Type
- Multifamily
- Lot Size
- 7,700
- Status
- ACTIVE
Property Description
Retiring Owner Says Sell !! Bring your serious investors to this well-positioned 5-unit multifamily opportunity located on a predominantly single-family residential street. Each unit features 2 bedrooms, central heating and air, stove, and refrigerator, offering a solid rental configuration with broad tenant appeal. The property currently generates $3,815 per month in scheduled rental income. Rents are slightly below market due in part to the owner's 12 years of ownership. Drive by only please..
Additional Information
- Actual Annual Rent
- 45780
- Annual City Tax
- 1522
- Annual County Tax
- 1586
- Annual Insurance Expense
- 4100
- Construction
- Brick/Veneer
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Jackson Ridge Second
- Lot
- 164
- Lot Size
- 7,700
- New Financing
- Other (Call LA)
- Occupancy
- 100
- Parking Facility
- Asphalt/Blacktop
- Roof
- Composition
- Stories
- 2
- Subdivision
- JACKSON RIDGE 2ND ADD
- Subtype
- Apartment Building
- Tenant Pays
- Other (Call LA)
- Year Built
- 1964
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Listing courtesy of Crye-Leike Commercial.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.