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For sale
    • Price cut: $50K (5/23)
    $529,000

    661 Saint Paul Ave, Memphis, TN 38126

    --beds
    --baths
    5,400sqft
    : 
    $3,539/mo
    Get pre-qualified
    Multi Family
    Built in 1966
    -- sqft lot
    $501,900 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Splitters for heatCentral ac
    Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!
    92 days
    |
    94
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Duane J Kinnard,

    Tri-Leake Realty 901-323-1246

    Source: MAAR,MLS#: 10220613MLS Logo

      Facts & features

      Interior

      Heating
      • Electric, Baseboard, Wall Furnace
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Refrigerator, Range/Oven (Freestanding), Gas Water Heater
      • Laundry: Washer in Unit, Dryer in Unit, Connections
      Features
      • Flooring: Vinyl, Partial Carpet
      Interior area
      • Total interior livable area: 5,400 sqft

      Property

      Parking
      • Parking features: Concrete, Attached
      Features
      • Stories: 2
      • Exterior features: Sidewalks, Some Landscaping
      • Fencing: Chain Link
      Lot
      • Size: 0.26 Acres
      • Dimensions: 70 x 160
      Details
      • Parcel number: 011029 00003

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Built-Up,Shingle/Shake
      Condition
      • Year built: 1966

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security Lights
      • Subdivision: Lucy A Tate
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $98/sqft
      • Annual tax amount: $6,084
      • Date on market: 5/1/2026
      • Cumulative days on market: 93 days
      • Listing terms: Conventional,Cash Only
      • Inclusions: All Appliances
      • Lease term: 12 Months
      • Total actual rent: 74220
      • Tenant pays: All Utilities
      Duane Kinnard

      (901) 310-7613

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        Estimated market value

        $501,900

        $477,000 - $527,000

        $1,136/mo

        Price history

        DateEventPrice
        5/23/2026Price change$529,000-8.6%$98/sqft
        Source: MAAR #10220613 Report a problem
        5/1/2026Listed for sale$579,000+1186.7%$107/sqft
        Source: MAAR #10220613 Report a problem
        1/25/2013Listing removed$425
        Source: HotPads for Rent Report a problem
        10/27/2012Listed for rent$425
        Source: www.RentalAds.com Report a problem
        6/24/2012Listing removed$45,000$8/sqft
        Source: All Stars Realty #3227155 Report a problem
        6/5/2012Price change$45,000-35.7%$8/sqft
        Source: All Stars Realty #3227155 Report a problem
        5/10/2012Listed for sale$70,000$13/sqft
        Source: All Stars Realty #3227155 Report a problem
        3/29/2012Listing removed$70,000$13/sqft
        Source: The Driver Team #3227155 Report a problem
        7/4/2011Listed for sale$70,000$13/sqft
        Source: The Driver Team #3227155 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        54 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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