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1535 Gaither St , 1-4

Memphis, TN 38106
  • $275,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 10206832
UPDATED: 59 min ago
$275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

Great investment opportunity! This 4-unit multi-family property is PRICED TO SELL and features 2 ea. 1 bedroom/1 bath downstairs and 2 ea. upstairs. 2 units are occupied so no showings without an appointment. 2 will need rehabbed. Property sold AS-IS. Parking area in the rear. Full rehab estimate is $320,000.

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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: 2025-11-17T14:03:29.717.
www.redsearealtyco.com/homes/168430059
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1535 Gaither St , 1-4 Memphis, TN 38106

  • Price: $275,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 59 min ago
  • MLS #: 10206832
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Greenland Heights
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
Great investment opportunity! This 4-unit multi-family property is PRICED TO SELL and features 2 ea. 1 bedroom/1 bath downstairs and 2 ea. upstairs. 2 units are occupied so no showings without an appointment. 2 will need rehabbed. Property sold AS-IS. Parking area in the rear. Full rehab estimate is $320,000.
Exterior Features

Buildings 1 Construction Brick Foundation Slab Lot Size 50 X 150 Misc Exterior Other (See Remarks) Parking Facility Asphalt/Blacktop Roof PitchedShingle/Shake

Interior Features

Appliances Equipment Range/Oven (Freestanding)RefrigeratorSmoke Detector(s) Cooling Systems Individual Cooling Floors And Ceilings 8 FeetPartial CarpetVinyl Floor Heating Systems Central Hot Water Electrical Laundry None

Property Features

1 Bedroom Units 4 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 1593 Annual County Tax 1690 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Private/Owner Gross Potential Annual Rent 38400 Legal Subdivision Name GREENLAND HGTS Lot Number 13 Multifamily Type Fourplex New Financing Conventional Operating Expenses Accounting/LegalManagementRepairs/MaintenanceServices Other Units 0 Percent Occupancy 25 Possession At Closing Sale Includes All EquipmentBuilding and LandSome Appliances Source Of Info Current RecordsLeasesRent Roll Tenant Pays All UtilitiesPet DepostSecurity Deposit Type Of Leases Year Type Of Units 1 BR - 1 BathUnfurnished

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crestcore Realty, LLC: 901-385-3119.



© 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: 2025-11-17T14:03:29.717.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654