35.115475 -90.0588

108 SIMPSON AVE Memphis, TN 38106

247158129 35.115475 -90.0588 2555 /listing/247158129-151267752/108-simpson-ave-memphis-tn-38106 False 0 150000.0 105 10059043 False
  • $150,000
  • 316.68/165.76 X 181.66/127.6 lot
  • Est payment $805.23/mo

Property & Neighborhood Info

Courtesy Of Braden, Braden & Braden LLC

Multi-Family in Memphis

Rare opportunity to own a 16 unit value add apartment building with close proximity to Downtown Memphis. Gross potential rent $115,200 This property is part of a package deal with 1362 Gleason, 1BR 1BA Duplex on each side rented for $1,075/mo and 232 Simpson, 5BR 2BA rented for $1,200 / mo Package deal price: $275,000.00. Can be sold separately

Courtesy Of Braden, Braden & Braden LLC
  1. 316.68/165.76 X 181.66/127.6 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1965
  • County: Shelby
  • Taxes: $3,568.00
  • Units: 16
  • Subdivision: Trigg
  • MLS Number:10059043

Additional Features

  • Cooling:
    • 1 Window Unit per Unit
  • Flooring:
    • 8 Feet
  • Laundry:
    • None
  • Equipment/Appliances:
    • Other (See REMARKS)
  • Property Subtype:
    • Apartment Building
  • Roof:
    • Shingle/Shake
  • Type Of Units:
    • 2 BR - 1 Bath
  • Foundation:
    • Slab
  • Parking:
    • Concrete
    • Gravel
    • Offsite/Street
  • Expenses Include:
    • Insurance
    • Some Utilities
    • Taxes
  • Heating:
    • Wall Heat
  • Hot Water:
    • Gas
  • Contingency Type:
    • No Contingency
  • Existing Financing:
    • Private/Owner
  • Lease Type:
    • Monthly
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • New Financing:
    • Cash Only
  • Sale Includes:
    • Building and Land
  • Sale Or Rent:
    • For Sale
  • Tenant Pays:
    • Electric
    • Some Utilities
  • Lot Number:
    • 3
  • No. of Buildings:
    • 1
  • Office Co List:
    • 55
  • Possession:
    • At Closing
  • Tax ID:
    • 024060 00015
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Five Star Real Estate Services, LLP
Five Star Real Estate Services, LLP
(901) 873-0553
4803 Cuba Millington Road Millington TN 38053
no name available Five Star Real Estate Services, LLP
35.115475 -90.0588

108 SIMPSON AVE Memphis, TN 38106

247158129 35.115475 -90.0588 2555 /listing/247158129-151267752/108-simpson-ave-memphis-tn-38106 False 0 150000.0 105 10059043 False
  • $150,000
  • 316.68/165.76 X 181.66/127.6 lot
  • Est payment $805.23/mo