Closed

$86,500

965 Eldridge Ave, Memphis, TN 38107

--beds

--baths

2,640sqft

Multi Family

Built in 1940

-- sqft lot

$95,300 Zestimate^®

$33/sqft

$1,047 Estimated rent

Home value

$95,300

$80,000 - $114,000

$1,047/mo

Zestimate^® history

Owner options

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$1,047/mo

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$1,047/mo

Rent Zestimate^®

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$435/mo

Est. payment

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$435/mo

Est. payment

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What's special

Great Investment Opportunity! Tenant Occupied! Don't Disturb Tenant! Brick 4-Unit Complex located near the downtown area. Each unit is a 1bed/1bath. One unit is currently occupied at $450 monthly w/lease ending 8/29/25. There is a fully renovated unit that is rented at $625 and lease ends 10/25. Units 3 & 4 need full rehabs. Professionally managed (lease, ledger, & repair history available). AS-IS Cash! No creative/owner financing, no wholesalers, or assignments. ONLINE VIDEO AVAILABLE.

Facts & features

Interior

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Individual

Features

Flooring: Wood, Laminate

Interior area

Total structure area: 2,640
Total interior livable area: 2,640 sqft

Property

Features

Levels: Three Or More
Stories: 1

Lot

Size: 9,945 Square Feet
Dimensions: 99.45/97.8 x 100/98.83

Details

Parcel number: 021049 00001
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Roof: Other

Condition

New construction: No
Year built: 1940

Community & HOA

Community

Subdivision: Victory Courts

HOA

Amenities included: Sidewalks

Location

Region: Memphis

Financial & listing details

Price per square foot: $33/sqft
Annual tax amount: $1,467
Date on market: 11/25/2024
Tenant pays: Electricity, Water, Gas

Price history

Date	Event	Price
11/25/2024	Sold	$86,500-30.8%$33/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084852 Report a problem
11/8/2024	Pending sale	$125,000$47/sqft
Source: MAAR #10177119 Report a problem
10/21/2024	Price change	$125,000-7.4%$47/sqft
Source: MAAR #10177119 Report a problem
8/6/2024	Price change	$135,000-12.9%$51/sqft
Source: MAAR #10177119 Report a problem
7/23/2024	Price change	$155,000-16.2%$59/sqft
Source: MAAR #10177119 Report a problem
7/17/2024	Listed for sale	$185,000+213.6%$70/sqft
Source: MAAR #10177119 Report a problem
5/1/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/10/2024	Listed for rent	$675
Source: Zillow Rentals Report a problem
4/5/2019	Sold	$59,000$22/sqft
Source: MAAR #10043979 Report a problem
1/16/2019	Listed for sale	$59,000$22/sqft
Source: Crye-Leike Commercial #10043979 Report a problem