New Listing
Description
This 15-unit opportunity consists of 14-2br's plus one 3BR single-family residence. All units feature central heating and air. The scheduled monthly rental income 10,900. The current owner has owned the properties for 10 years. Rents are slightly below market. This creates an opportunity for an experienced investor to raise increase revenue through strategic rental adjustments . Retiring owner is ready to do a deal with a serious buyer. Please drive by only, please do not disturb residents.
Details
| MLS # | 10231633 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 2 |
| Listing Provided By | Crye-Leike Commercial | Jeffrey Moore |
Features
| Story(s) | 2 |
|---|---|
| Units | 15 |
| Building(s) | 1 |
Interior
| Appliances Or Equipment | Refrigerator, Range/Oven (Freestanding) |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick/Veneer, Vinyl Siding |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Midtown | Holmes |
| Subarea | 751B |
| Community Name | POPE |
| Listing VS Median (in POPE) | |
Price: $1,066,000 low | high Med: $0 On site: 2 low | high Med: | |
Market Activity 38122
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Midtown | Holmes |
| Subarea | 751B |
| Community Name | POPE |
| Listing VS Median (in POPE) | |
Price: $1,066,000 low | high Med: $0 On site: 2 low | high Med: | |
Listing Updated: October 2, 2026 at 8:32:42 PM PDT