$380,000
$439,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
1016 PEABODY AVE Memphis, TN 38104
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision Peabody
MLS Listing ID 10181729
Sold Date 11/25/24
Year Built 1961
Annual Tax Amount $2,834
Property Description
Uncover an unparalleled investment opportunity nestled in the heart of Memphis' bustling Medical district. This property boasts a sturdy structure housing 6 impeccably maintained units, promising immense potential for expansion and enhancement. The enduring brick masonry guarantees longevity and minimal upkeep, while the property offers ample parking for both residents and visitors. Enhanced security and privacy are ensured by the elegant wrought iron fencing.
Location
State TN
County Shelby
Area South Bluffs/Downtown
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring Other (See Remarks)
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop
Roof Type Pitched
Building
Foundation Slab
Water Individual System
Others
Acceptable Financing Conventional
Listing Terms Conventional
Read Less
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Bought with Curtis L Braden • Braden, Braden & Braden LLC