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Listed by Garth Ward • eXp Realty
$ 265,000
Est. payment /mo
Active
1493 GAITHER ST Memphis, TN 38106
2,850 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $92
Subdivision Greenland Hgts
MLS Listing ID 3163433
Year Built 1970
Annual Tax Amount $2,956
Lot Dimensions 50 X 150
Property Description
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you're expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.
Location
State TN
County Shelby County
Interior
Cooling Wall/Window Unit(s)
Flooring Wood, Laminate
Fireplace N
Exterior
View Y/N false
Roof Type Other
Private Pool false
Building
Story 2
Structure Type Brick
New Construction false
Others
Senior Community false
Special Listing Condition Standard
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