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226 N Mcneil St

Memphis, TN 38112
  • $589,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 10198028
UPDATED: 83 min ago
$589,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Rare Turn-Key Midtown Triplex- Fully Renovated & Income Producing- Great Owner-Occupant Option! Exceptional opportunity to own a completely updated triplex in a prime Midtown Memphis location. Extensive renovations over the past 5 years include a new roof, re-built front porch, new HVAC, updated electric, and new water/waste lines to the street. Total Monthly income is $5,500. Must have a couple of days notice to show!! Will meet there. No sign, do not disturb tenants

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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: 2025-06-25T00:03:33.597.
www.redsearealtyco.com/homes/164476665
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226 N Mcneil St Memphis, TN 38112

  • Price: $589,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 83 min ago
  • MLS #: 10198028
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Evergreen
County:
Shelby
Area:
Overton Park
Property Description
Rare Turn-Key Midtown Triplex- Fully Renovated & Income Producing- Great Owner-Occupant Option! Exceptional opportunity to own a completely updated triplex in a prime Midtown Memphis location. Extensive renovations over the past 5 years include a new roof, re-built front porch, new HVAC, updated electric, and new water/waste lines to the street. Total Monthly income is $5,500. Must have a couple of days notice to show!! Will meet there. No sign, do not disturb tenants
Exterior Features

Buildings 1 Construction Wood/Composition Foundation Conventional/Crawl SpaceLaundry FacilityPartial BasementRaisedUnfinished Basement Land Sq Ft 8182 Lot Size 58X140 Misc Exterior Partically FencedWood Fence Parking Facility Asphalt/BlacktopAttached Roof CompositionRoll

Interior Features

Appliances Equipment DishwasherRange/Oven (Freestanding)Refrigerator Cooling Systems 220 WiringCentral Floors And Ceilings 9 Ft or MoreDry WallHardwood ThroughoutPartial CarpetPlasterTileWall to Wall Carpet Heating Systems Central Hot Water House SystemPublic SewerPublic Water Improved Sq Ft 4250 Laundry Common LaundryDryer in UnitWasher in Unit Leaseable Sq Ft 4250

Property Features

1 Bedroom Units 1 2 Bedroom Units 1 3 Bedroom Units 1 Actual Annual Rent 66000 Annual City Tax 3322 Annual County Tax 4168 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 66000 Legal Subdivision Name WILLODINE Lot Number PTS 60 & Multifamily Type Apartment Building New Financing ConventionalFHA/VA Operating Expenses InsurancePest ControlTaxes Other Units 0 Percent Occupancy 100 Possession At Closing Sale Includes All AppliancesAll EquipmentBuilding and Land Source Of Info Owner Tenant Pays All Utilities Type Of Leases Year Type Of Units 1 BR - 1 Bath2 BR - 1+ Baths3 BR - 1+ Baths Zoning R6

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Sowell, Realtors: 901-278-4380.



© 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: 2025-06-25T00:03:33.597.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654