$188,000
$204,999
8.3%For more information regarding the value of a property, please contact us for a free consultation.
670 BETHEL AVE Memphis, TN 38107
Key Details
Sold Price $188,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Subdivision Charles Erck
MLS Listing ID 10174536
Sold Date 09/26/25
Year Built 1952
Annual Tax Amount $4,189
Property Sub-Type Apartment Building
Property Description
***Price change due to foundation/subfloor repairs discovered - reduction covers costs and more!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Individual Systems
Cooling Individual Cooling
Flooring Tile, Wood Laminate Floors
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 1
Foundation Conventional/Crawl Space
Water Electrical, Public Sewer, Public Water
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Randall C Weatherall • Memphis Metro Realty
