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981 N 7TH St

Memphis, TN 38107
  • $379,999
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 10198061
UPDATED: 63 min ago
$379,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
n/a
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

This renovated 6-unit complex offers 1-bedroom, 1-bath units with significant exterior upgrades and increased rent rolls. Currently, 4 out of 6 units are occupied, providing steady income with room for growth as the remaining units are leased. Interested buyers should review available documents and perform due diligence"this opportunity wont last long!

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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/164499688
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981 N 7TH St Memphis, TN 38107

  • Price: $379,999
  • Status: Active
  • On Site: 21 Days
  • Updated: 63 min ago
  • MLS #: 10198061
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
n/a
County:
Shelby
Area:
Other Tennessee Counties
Property Description
This renovated 6-unit complex offers 1-bedroom, 1-bath units with significant exterior upgrades and increased rent rolls. Currently, 4 out of 6 units are occupied, providing steady income with room for growth as the remaining units are leased. Interested buyers should review available documents and perform due diligence"this opportunity wont last long!
Exterior Features

Buildings 1 Construction Brick Foundation Other (See Remarks) Lot Size 0x0 Parking Facility Asphalt/Blacktop Roof Shingle/Shake

Interior Features

Cooling Systems Other (See Remarks) Floors And Ceilings Other (See Remarks) Heating Systems Other (See Remarks) Hot Water Other (See REMARKS) Laundry None

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Annual City Tax 0 Annual County Tax 0 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name N/A Multifamily Type Apartment Complex New Financing Other (Call LA) 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 Other (Call LA) Type Of Units 1 BR - 1 Bath

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Fast Track Realty, LLC: 901-767-8770.



© 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
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