Sold for $188,000

$188,000

670 Bethel Ave, Memphis, TN 38107

--beds

--baths

3,144sqft

Multi Family

Built in 1952

-- sqft lot

$185,000 Zestimate^®

$60/sqft

$1,044 Estimated rent

Home value

$185,000

$174,000 - $198,000

$1,044/mo

Zestimate^® history

Owner options

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$1,044/mo

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$1,044/mo

Rent Zestimate^®

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$1,255/mo

Est. payment

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$1,255/mo

Est. payment

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What's special

***Price change due to foundation/subfloor repairs discovered - reduction covers costs and more!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.

Facts & features

Interior

Heating

Individual Systems

Cooling

Individual Cooling

Appliances

Included: Electric Water Heater
Laundry: Connections

Features

Flooring: Tile, Wood Laminate Floors
Basement: Crawl Space

Interior area

Total interior livable area: 3,144 sqft

Property

Parking

Parking features: Asphalt/Blacktop

Features

Stories: 1
Exterior features: Sidewalks

Lot

Size: 0.42 Acres
Dimensions: 18252

Details

Parcel number: 027006 00029
Zoning: MD-R

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Roof: Composition

Condition

Year built: 1952

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Charles Erck

Location

Region: Memphis

Financial & listing details

Price per square foot: $60/sqft
Annual tax amount: $4,189
Date on market: 6/13/2024
Cumulative days on market: 394 days
Listing terms: Conventional,1031 Exchange
Lease term: Month To Month,12 Months
Total actual rent: 41400
Tenant pays: Electricity

Price history

Date	Event	Price
9/26/2025	Sold	$188,000-8.3%$60/sqft
Source: MAAR #10174536 Report a problem
9/2/2025	Pending sale	$204,999$65/sqft
Source: MAAR #10174536 Report a problem
8/16/2025	Price change	$204,999-16.3%$65/sqft
Source: MAAR #10174536 Report a problem
5/14/2025	Price change	$245,000-18.3%$78/sqft
Source: MAAR #10174536 Report a problem
3/24/2025	Pending sale	$300,000$95/sqft
Source: MAAR #10174536 Report a problem
2/21/2025	Price change	$300,000-6.3%$95/sqft
Source: MAAR #10174536 Report a problem
7/30/2024	Price change	$320,000-11.1%$102/sqft
Source: MAAR #10174536 Report a problem
6/13/2024	Listed for sale	$359,900$114/sqft
Source: MAAR #10174536 Report a problem
6/23/2018	Listing removed	$499
Source: LUBIN PROPERTY MANAGEMENT Report a problem
6/22/2018	Listed for rent	$499
Source: LUBIN PROPERTY MANAGEMENT Report a problem
12/13/2017	Listing removed	$499
Source: LUBIN PROPERTY MANAGEMENT Report a problem
7/5/2017	Listed for rent	$499
Source: LUBIN PROPERTY MANAGEMENT Report a problem