For Sale
$114,900
975 Marble Ave Memphis, TN 38107
High-Yield Duplex, 100% Occupancy
Overview
- Added:
- Jan 24
- Days on market:
- 90
Highlights
- $114,900 asking price for this value-add, Class C multifamily property.
- 1,566 square feet, two units, 100% occupancy.
- $12,135 annual NOI, resulting in a 10.56% cap rate.
- Recently rehabbed duplex with a newer roof, located near Downtown Memphis.
- Ideal for owner-occupant, with potential for rental income increase.
Property Details for 975 Marble Ave
- Property type
- Apartment buildings
- Square Feet
- 1,566 SF
- Class
- C
- Year Built
- 1940
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.1722468
- Longitude
- -90.0243578
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - High-Yield Duplex, 100% Occupancy
- Where is the apartment building located?
- The property is located at 975 Marble Ave Memphis, TN.
- What is the asking price?
- The asking price for this property is $114,900.
- What are key features of this property?
- This property features: $114,900 asking price for this value-add, Class C multifamily property.; 1,566 square feet, two units, 100% occupancy.; $12,135 annual NOI, resulting in a 10.56% cap rate.
- How can I contact the broker?
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