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799 Mississippi Blvd

Memphis, TN 38126
  • $439,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 10187872
UPDATED: 61 min ago
$439,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Potential Potential Potential!!! This 12 unit apartment is minutes from Downtown Memphis, and is ready for a new owner's finishing touches. The property has a new concrete driveway and parking lot, and currently has 2 units occupied at $575/mo. There are 3 units rent-ready, and the others are ready for renovation. Harvest it's investment potential for yourself!

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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: 2025-01-18T17:03:25.167.
www.redsearealtyco.com/homes/159356796
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799 Mississippi Blvd Memphis, TN 38126

  • Price: $439,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 61 min ago
  • MLS #: 10187872
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
MCKINNEY
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Potential Potential Potential!!! This 12 unit apartment is minutes from Downtown Memphis, and is ready for a new owner's finishing touches. The property has a new concrete driveway and parking lot, and currently has 2 units occupied at $575/mo. There are 3 units rent-ready, and the others are ready for renovation. Harvest it's investment potential for yourself!
Exterior Features

Buildings 2 Location Free Standing Lot Size 100 X 148 Parking Facility 1-15 SpacesConcrete Road Frontage City StreetService Road Roof FlatRoll Truck Loading Door Height No Truck Door

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Electric Cooling Floors Vinyl Foundation Slab Heating System Gas Hot Water Electric Hot Water Leaseable Sq Ft 8440 Offices 0 Restrooms 12

Property Features

Actual Annual Rent 13800 Annual City Tax 2755 Annual County Tax 3456 Annual Insurance Expenses 3000 Commercial Type Commercial Existing Financing Clear Information Available LeasesRent RollTax Info Available Legal Subdivision Name MCKINNEY Lot Number 30 & 31 Miscellaneous FencedOutside Lighting New Financing Cash OnlyConventional Operating Expense Includes Property InsuranceProperty ManagementRepair & MaintenanceTaxes/Real Estate Percent Occupancy 17 Possession Lease Possession at ClosingTenants Rights Sale Includes Building and Land Tenant Pays All Utilities Type Usage Other (See REMARKS) Zoning EMP

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: 2025-01-18T17:03:25.167.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654