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1535 Gaither St, Unit 1-4, Memphis, TN 38106

$275,000
  • 1535 Gaither St, Unit 1-4, Memphis, TN 38106 Main Photo

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Active
BEDS8 BATHS MLS#10212733
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGreenland Heights NEIGHBORHOODSouth Memphis-61 Hwy

Property Description

Four-Unit Multifamily Investment Opportunity Excellent value-add opportunity with this 4-unit multifamily property. One unit is currently occupied, generating $750 per month in rental income. The remaining three units are vacant and ready for renovation, offering significant upside potential. All units have wall heat and window unit A/C. Market rent comps support projected rents of approximately $800 per unit once rehabbed. Ideal for investors looking to add value through renovations and increase long-term cash flow. This is an attractive opportunity for buy-and-hold or portfolio expansion. Seller will consider owner financing as an option.

1535 Gaither St, Unit 1-4 | MLS# 10212733

This multi-family property located at 1535 Gaither St, Unit 1-4, Memphis, TN 38106 is currently listed for sale with an asking price of $275,000. Search South Memphis-61 Hwy real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Wall Heat
Roof Type: Flat
Stories: 2.0
Year Built: 1970

Feature Descriptions

Days on Site: 49
Floors/ Ceilings: Vinyl Floor
Units: 4

Listed By / Shown By

Listed By

Agency Name: Crestcore Realty, LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 692.24 per month $612.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

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