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$ 525,000
Est. payment | /mo
$ 525,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Montgoemry
MLS Listing ID 10232731
Year Built 1913
Annual Tax Amount $3,409
Property Sub-Type Fourplex
Property Description
5,310 SF Mixed-Use Value-Add Opportunity right next to the Stax Museum of American Soul Music! Located at 1140 College St in a rapidly growing pocket of South Memphis. surrounded by new development. Features 3 commercial storefront units—each spacious enough to easily accommodate 2 rooms/offices—plus a rear residential home featuring 2 rooms, 1 bath, and a garage. Incredible 4-unit income potential for retail, offices, studios, or live/work concepts in historic Soulsville. Property requires a full rehab and is sold strictly AS-IS. Bring your vision and capitalize on one of Memphis's most iconic cultural corridors!
Location
State TN
County Shelby
Area South Bluffs/Downtown
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring 9 Ft or More, Other (See Remarks)
Laundry Connections
Exterior
Parking Features Offsite/Street
Roof Type Other (See REMARKS)
Building
Foundation Slab
Water Other (See REMARKS)
Listed by Elliot Cerezo • The Home Partners Realty
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "