For Sale
$499,500

712 5Th StMemphis, TN 38107

Renovated 5-unit apartment building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This completely renovated five-unit apartment building presents a compelling investment opportunity in Memphis' vibrant Uptown neighborhood. Located at 712 N 5th St, Memphis, TN 38107, this property boasts a fresh and modern aesthetic thanks to extensive recent renovations. Each of the five units features two bedrooms and one bathroom, providing comfortable living spaces for tenants. The upgrades are comprehensive, encompassing new LVT flooring on the lower levels and carpeting upstairs. Luxury vinyl plank (LVP) flooring has also been installed in other areas. The electrical and plumbing systems have been entirely replaced, ensuring efficiency and reliability. All HVAC units are brand new, providing climate control comfort. A new roof and windows have been installed, enhancing energy efficiency and curb appeal. Interior finishes are equally impressive, with new millwork, cabinetry, and drywall throughout. This turnkey property is ready for immediate occupancy and offers strong potential for rental income. The property's prime location in Uptown Memphis adds to its desirability, offering convenient access to local amenities and attractions. This is an exceptional opportunity for investors seeking a well-maintained, updated multifamily property in a thriving urban setting. The asking price is $499,500.

Highlights

  • $499,500 asking price.
  • Multifamily apartment building.
  • Five-unit property located at 712 N 5th St, Memphis, TN 38107.
  • Completely renovated with new LVT/carpet flooring, electrical, plumbing, HVAC, roof, windows, and millwork/cabinetry.
  • Two-bedroom, one-bathroom units.

Property Details for 712 5Th St

Property type
Apartment buildings

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1623838
Longitude
-90.0400368
712 5Th St, Memphis, Tennessee

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712 5Th St
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