1720 Harbert Ave, Memphis, TN 38104
4 Unit Apartment Building | $679,000 ($169,750/Unit) | 5.66% Cap Rate | Memphis, TN 38104
Asking Price $679,000
- Property Type
-
Multifamily
- Square Feet
- 5,660 SF
Listing Contacts
Jeffrey Moore
- Property Info
Property Overview
Seize this rare opportunity to own a meticulously maintained, smoke-free, and pet-free 4-unit property in one of Midtown Memphis' most coveted neighborhoods. This gem features two spacious 2-bedroom units and two charming 1-bedroom units, each with a concrete patio or screened porch for outdoor relaxation. Enjoy the convenience of covered parking and revel in the building's pristine condition, lovingly cared for over 44 years. With monthly rents totaling $4,320, slightly under market value, there is tremendous potential for rental income growth. Ideal for both savvy investors and discerning owner-occupants, this property promises both stability and profitability. Don't miss your chance to own this exceptional piece of Midtown real estate—schedule your viewing today!
Property Details
- Class
- C
- Year Built
- 1928
- Stories
- 2
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 10,454 SF
- Units
- 4
Highlights
- Well Maintained 4 plex
- Great Midtown Location surrounded by Single Family Homes
- Ideal for Owner Occupant
- Rare Covered Parking
- Newer HVAC Systems
- Spacious Individual Units
Nearby Properties
Similar Properties
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