Skip To Content

1695 & 1707 Ontario Ave

Memphis, TN 38127
  • $1,795,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 10222908
New On Site 5 Days Ago
UPDATED: 51 min ago
$1,795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

This completely renovated 25-unit apartment complex has undergone comprehensive upgrades. All renovations were executed with high standards and attention to detail. Improvements feature new roofing, luxury vinyl plank flooring, updated electrical panels, upgraded water and sewer lines, and energy-efficient windows. Onsite laundry facilities are available to enhance tenant convenience. The property is situated near several modern developments, including a newly completed 30,000-square-foot community center, an advanced library currently under construction, and a new high school—the first of its kind in fifty years. The area also features numerous recently restored and newly constructed residential homes & apartments. 10-Minutes from downtown Memphis & Nike/ Amazon fulfillment Centers.

Monthly Payment Calculator



© 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: 2026-06-07T18:03:14.59.
www.redsearealtyco.com/homes/177128401
Print Image

1695 & 1707 Ontario Ave Memphis, TN 38127

  • Price: $1,795,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 51 min ago
  • MLS #: 10222908
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
Willis
County:
Shelby
Area:
Frayser - East
Property Description
This completely renovated 25-unit apartment complex has undergone comprehensive upgrades. All renovations were executed with high standards and attention to detail. Improvements feature new roofing, luxury vinyl plank flooring, updated electrical panels, upgraded water and sewer lines, and energy-efficient windows. Onsite laundry facilities are available to enhance tenant convenience. The property is situated near several modern developments, including a newly completed 30,000-square-foot community center, an advanced library currently under construction, and a new high school—the first of its kind in fifty years. The area also features numerous recently restored and newly constructed residential homes & apartments. 10-Minutes from downtown Memphis & Nike/ Amazon fulfillment Centers.
Exterior Features

Buildings 2 Construction Brick/VeneerStorm Window(s) Foundation Slab Land Sq Ft 40424 Lot Size 85 X 175 Misc Exterior Curbs/GuttersSecurity Lighting Parking Facility Asphalt/Blacktop Roof PitchedShingle/Shake

Interior Features

Appliances Equipment Range/Oven (Built-In)RefrigeratorSmoke Detector(s) Cooling Systems CentralElectrial Floors And Ceilings Dry WallVinyl Floor Heating Systems CentralElectrical Hot Water ElectricalPublic Sewer Improved Sq Ft 35172 Laundry Common Laundry Leaseable Sq Ft 35172

Property Features

1 Bedroom Units 0 2 Bedroom Units 25 3 Bedroom Units 0 Actual Annual Rent 156120 Amenities Other (See REMARKS) Annual City Tax 1127 Annual County Tax 1175 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 279240 Legal Subdivision Name WILLIS Lot Number 44&EPT43 Multifamily Type Apartment Complex New Financing Cash OnlyConventionalOther (Call LA)Private Operating Expenses InsuranceManagementOther (Call LA)Taxes Other Units 0 Percent Occupancy 92 Possession At Closing Sale Includes Building and LandSome Appliances Source Of Info Current RecordsLeasesOwnerP/L Statement Tenant Pays Cable TVElectricSecurity DepositSome Utilities Type Of Leases Year Type Of Units 2 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Braden, Braden & Braden LLC: 901-881-2070.



© 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: 2026-06-07T18:03:14.59.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10222908-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10222908-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10222908-2.jpg
Logo
Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654