Sold for $225,000

$225,000

688 E McLemore Ave, Memphis, TN 38106

--beds

--baths

5,040sqft

Multi Family

Built in 1959

-- sqft lot

$261,400 Zestimate^®

$45/sqft

$1,028 Estimated rent

Home value

$261,400

$225,000 - $306,000

$1,028/mo

Zestimate^® history

Owner options

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$1,028/mo

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$1,028/mo

Rent Zestimate^®

Refinance and save

$1,502/mo

Est. payment

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$1,502/mo

Est. payment

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What's special

Half bathMaster bedroom

Do not miss out on this Buy and Hold opportunity, 4 Units, 3 bed 1 full bath with a half bath in each master bedroom with washer,dryer connections in each unit.100% occupied, monthly rent totaling $2658. This property is being sold AS IS. Please contact me for additional interior photos. Do not walk the property, drive by only.

Facts & features

Interior

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Water Heater, Gas Water Heater
Laundry: Connections

Features

Flooring: Carpet, Wood Laminate Floors

Interior area

Total interior livable area: 5,040 sqft

Property

Parking

Parking features: Concrete

Features

Stories: 2
Fencing: Wood

Lot

Size: 10,759 Square Feet
Dimensions: 75 x 143.8

Details

Parcel number: 025037 00032

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Slab
Roof: Metal,Slate

Condition

Year built: 1959

Community & HOA

Community

Subdivision: Henry Moore

Location

Region: Memphis

Financial & listing details

Price per square foot: $45/sqft
Annual tax amount: $2,061
Date on market: 2/13/2024
Cumulative days on market: 64 days
Listing terms: Cash Only,Conventional
Lease term: 12 Months
Total actual rent: 31896
Tenant pays: All Utilities, Electricity, Security Deposit, Some Utilities, Water/Sewer

Price history

Date	Event	Price
6/3/2024	Sold	$225,000-8.2%$45/sqft
Source: MAAR #10165784 Report a problem
4/16/2024	Pending sale	$245,000$49/sqft
Source: MAAR #10165784 Report a problem
3/27/2024	Price change	$245,000-5.8%$49/sqft
Source: MAAR #10165784 Report a problem
3/12/2024	Price change	$260,000-10.3%$52/sqft
Source: MAAR #10165784 Report a problem
2/13/2024	Listed for sale	$290,000+155.5%$58/sqft
Source: MAAR #10165784 Report a problem
11/20/2020	Listed for rent	$530
Source: Lubin Property Management, LLC #10089137 Report a problem
9/18/2017	Sold	$113,500+1413.3%$23/sqft
Source: MAAR #10002336 Report a problem
1/1/2014	Sold	$7,500$1/sqft
Source: MAAR #3279408 Report a problem