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370 S Fenwick Rd

Memphis, TN 38111
  • $250,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 10212706
UPDATED: 16 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Great investment opportunity! Property has long been stabilized with long term tenants. Property also has new roof. Easy turnkey opportunity. Call agent for showings. Rents are $800 and $850 for 1 bed rooms, and $750 for the studio. Cash offers only- property is currently legal non conforming use and needs a special use permit.

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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: 2026-05-16T10:03:19.157.
www.redsearealtyco.com/homes/172048062
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370 S Fenwick Rd Memphis, TN 38111

  • Price: $250,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 16 min ago
  • MLS #: 10212706
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Dlugachs Central Ave
County:
Shelby
Area:
Chickasaw Gardens
Property Description
Great investment opportunity! Property has long been stabilized with long term tenants. Property also has new roof. Easy turnkey opportunity. Call agent for showings. Rents are $800 and $850 for 1 bed rooms, and $750 for the studio. Cash offers only- property is currently legal non conforming use and needs a special use permit.
Exterior Features

Buildings 1 Construction Brick Foundation Slab Lot Size 45X125 Parking Facility Concrete Roof CompositionPitched

Interior Features

Cooling Systems Central Floors And Ceilings Hardwood ThroughoutTile Heating Systems Central Hot Water Gas Laundry ConnectionsNone

Property Features

1 Bedroom Units 2 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 2235 Annual County Tax 2330 Annual Insurance Expenses 1593 Annual Operating Expenses 11220 Assumption No Assumption Average Annual Utilities 0 Efficiency Studio Units 1 Existing Financing Other (See REMARKS) Gross Potential Annual Rent 28800 Legal Subdivision Name DLUGACHS CENTRAL AVENUE Lot Number 206 Multifamily Type Triplex New Financing Conventional Operating Expenses Repairs/Maintenance Other Units 0 Percent Occupancy 100 Possession At Closing Sale Includes All AppliancesBuilding and LandNo Furnishings Source Of Info BrochureCurrent RecordsP/L StatementRent Roll Tenant Pays All Utilities Type Of Leases Year Type Of Units 1 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Woodyard Realty Corp: 901-767-1998.



© 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: 2026-05-16T10:03:19.157.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654