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1009 Rozelle St

Memphis, TN 38114
  • $429,900
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 10186829
UPDATED: 61 min ago
$429,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Description

7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearby"including new townhomes and a 5-story hotel"this area is set for significant appreciation. Perfectly positioned for investors seeking long-term growth, this fourplex combines historic appeal with the potential for increased future value. Dont miss your chance to invest in this rapidly evolving area! Stove, Refrigerator, Washer & Dryer included.

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-01-18T19:03:40.117.
www.redsearealtyco.com/homes/158850712
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1009 Rozelle St Memphis, TN 38114

  • Price: $429,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 61 min ago
  • MLS #: 10186829
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Lamar Park
County:
Shelby
Area:
Central Gardens
Property Description
7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearby"including new townhomes and a 5-story hotel"this area is set for significant appreciation. Perfectly positioned for investors seeking long-term growth, this fourplex combines historic appeal with the potential for increased future value. Dont miss your chance to invest in this rapidly evolving area! Stove, Refrigerator, Washer & Dryer included.
Exterior Features

Buildings 1 Construction BrickBrick/VeneerStorm Window(s) Foundation Conventional/Crawl SpaceSlab Lot Size 50 X 140.7 Misc Exterior SidewalksSome Landscaping Parking Facility AssignedConcrete Roof Shingle/Shake

Interior Features

Appliances Equipment Range/Oven (Freestanding)Refrigerator Cooling Systems Central Floors And Ceilings Hardwood ThroughoutTile Heating Systems Central Hot Water ElectricalPublic SewerPublic Water Laundry Dryer in UnitEquipment OwnedWasher in Unit

Property Features

1 Bedroom Units 2 2 Bedroom Units 3 3 Bedroom Units 2 Actual Annual Rent 44000 Annual City Tax 1176 Annual County Tax 1475 Annual Insurance Expenses 4200 Assumption No Assumption Average Annual Utilities 1800 Efficiency Studio Units 10 Existing Financing Conventional AdjustableConventional FixedFHAVA Gross Potential Annual Rent 60000 Legal Subdivision Name LAMAR PARK Lot Number S PT 53 Multifamily Type Fourplex New Financing Cash OnlyConventionalFHA/VA Operating Expenses InsuranceRepairs/MaintenanceTaxes Other Units 3 Percent Occupancy 100 Possession At ClosingNegotiable Sale Includes All AppliancesBuilding and LandSome Equipment Source Of Info EstimatedLeases Tenant Pays All Utilities Type Of Leases Monthly Type Of Units 4 or More BedroomsSome Fireplaces

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of KAIZEN Realty, LLC: 901-221-4041.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-01-18T19:03:40.117.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654