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218 Mill Ave

Memphis, TN 38105
  • $249,000
  • STATUS: Pending
  • ON SITE: 47 Days
  • MLS #: 10206744
Pending
UPDATED: 82 min ago
$249,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Description

This well-maintained triplex features two fully rented units, each generating $750/month in rental income, with the third unit currently vacant. Each unit has 2 bedrooms and 1 bath. This is perfect for increased rental income. Excellent opportunity for investors. Please do not disturb tenants. No showings without an accepted offer and proof of funds.

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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: 2025-11-17T00:03:12.423.
www.redsearealtyco.com/homes/168396668
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218 Mill Ave Memphis, TN 38105

  • Price: $249,000
  • Status: Pending
  • On Site: 47 Days
  • Updated: 82 min ago
  • MLS #: 10206744
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1954
Built
Neighborhood:
Greenlaw
County:
Shelby
Area:
Harbor Town/Downtown
Property Description
This well-maintained triplex features two fully rented units, each generating $750/month in rental income, with the third unit currently vacant. Each unit has 2 bedrooms and 1 bath. This is perfect for increased rental income. Excellent opportunity for investors. Please do not disturb tenants. No showings without an accepted offer and proof of funds.
Exterior Features

Buildings 1 Construction Brick Foundation Other (See Remarks) Lot Size 50X149 Parking Facility Offsite/Street Roof Composition

Interior Features

Appliances Equipment Other (See REMARKS) Cooling Systems Other (See Remarks) Floors And Ceilings Vinyl Floor Heating Systems Other (See Remarks) Hot Water Other (See REMARKS) Laundry Connections

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 498 Annual County Tax 529 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name GREENLAW Lot Number C530&PT Multifamily Type Triplex New Financing ConventionalFHA/VA Operating Expenses Other (Call LA) Other Units 0 Possession At Closing Sale Includes Building and Land Source Of Info Owner Tenant Pays Other (Call LA) Type Of Leases Monthly Type Of Units 2 BR - 1 Bath

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Renshaw Company, REALTORS: 901-820-4367.



© 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: 2025-11-17T00:03:12.423.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654