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1102 S Somerville St

Memphis, TN 38106
  • $150,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 10213723
UPDATED: 27 min ago
$150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Great opportunity to own a nearly finished renovation in an up-and-coming area of South Memphis. This property is still under construction, allowing the next owner to add final touches and maximize value. Major systems have already been updated, including new electrical and plumbing, providing a solid foundation for completion. Ideal for investors or owner-occupants looking to customize their space or build instant equity. Convenient access to downtown, medical district, and major corridors. Sold as-is, with remaining work to be completed by buyer. Perfect for renovation loan, cash buyer, or experienced investor seeking a strong value-add project. Listing agent is related to an individual who has an ownership interest in the entity that owns the property.

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© 2026 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: 2026-02-15T19:03:16.123.
www.redsearealtyco.com/homes/172555949
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1102 S Somerville St Memphis, TN 38106

  • Price: $150,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 27 min ago
  • MLS #: 10213723
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Williams Blk 95
County:
Shelby
Area:
Central Gardens
Property Description
Great opportunity to own a nearly finished renovation in an up-and-coming area of South Memphis. This property is still under construction, allowing the next owner to add final touches and maximize value. Major systems have already been updated, including new electrical and plumbing, providing a solid foundation for completion. Ideal for investors or owner-occupants looking to customize their space or build instant equity. Convenient access to downtown, medical district, and major corridors. Sold as-is, with remaining work to be completed by buyer. Perfect for renovation loan, cash buyer, or experienced investor seeking a strong value-add project. Listing agent is related to an individual who has an ownership interest in the entity that owns the property.
Exterior Features

Buildings 1 Construction BrickWood/Composition Foundation Conventional/Crawl Space Lot Size 55X150 Parking Facility Gravel Roof Composition

Interior Features

Cooling Systems 220 WiringCentral Floors And Ceilings Other (See Remarks) Heating Systems Central Hot Water ElectricalPublic SewerPublic Water Laundry None

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 600 Annual County Tax 625 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Private/Owner Legal Subdivision Name WILLIAMS BLK 95 Multifamily Type Apartment Building New Financing Cash OnlyPrivate Operating Expenses All UtilitiesInsurancePest ControlRepairs/MaintenanceTaxesTrash Collection Other Units 0 Possession At Closing Sale Includes All AppliancesBuilding and Land Source Of Info Owner Tenant Pays Cable TVSecurity Deposit Type Of Leases None Type Of Units 1 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of MLE Realty, LLC: 901-213-6534.



© 2026 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: 2026-02-15T19:03:16.123.
 
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6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654