761 Richmond Ave, Memphis, TN 38106
- Beds
- 8
- Sqft
- 3,016
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Investor special with upside potential! This 4-unit multifamily property in South Memphis is 100% occupied and generating approx. $22,800 in annual NOI. Renovated in 2016, offering updated systems and layout improvements. Great location minutes from Downtown, the STAX Museum, and major transit routes. One unit remains vacant, allowing for rental upside or light owner/occupant conversion. Class D property—sold as-is. Please do not disturb tenants. Showings available with accepted offer only.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 8
- Square feet
- 3,016
- Year built
- 1969
Utilities
- Heating
- Central
Estimated monthly costs
- Insurance
- $1,300
Taxes
- Tax Annual Amount
- $1,067
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Memphis Area Association of Realtors MLS®#: 10196578 Last checked: …
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