For Sale
$875,000

4390 Kamali Ct Memphis, TN 38128

21-Unit Apartment Building, High Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional value-add investment opportunity presents a 21-unit apartment building located at 4390 Kamali Court, Memphis, Tennessee, 38128. The property, built in 1960, consists of three two-story buildings, offering a total of 21 townhome-style units. Each unit features two bedrooms and one and a half bathrooms, with a unique layout including one full bath upstairs and a half bath downstairs. Individual unit meters for utilities, central heating and air conditioning, and washer/dryer hookups are standard. Importantly, each unit also includes an emergency shut-off valve. Currently, the property boasts 14% occupancy, with three tenants holding month-to-month leases. A significant portion of the property requires complete renovation

Highlights

  • 21-unit apartment building in Memphis, TN.
  • Built in 1960, three two-story buildings with townhome-style units.
  • Each unit features two bedrooms, 1.5 baths, individual utility meters, central HVAC, and washer/dryer hookups.
  • Currently 14% occupied, with three month-to-month tenants.
  • Significant renovation needed.

Property Details for 4390 Kamali Ct

Property type
Apartment buildings
Year Built
1960
Buildings
3
Stories
2
Units
21

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.2028229
Longitude
-89.916884

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FAQs

What type of property is this?
Apartment building - 21-Unit Apartment Building, High Potential
Where is the apartment building located?
The property is located at 4390 Kamali Ct Memphis, TN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 21-unit apartment building in Memphis, TN.; Built in 1960, three two-story buildings with townhome-style units.; Each unit features two bedrooms, 1.5 baths, individual utility meters, central HVAC, and washer/dryer hookups.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Leslie Pickett
Leslie Pickett
Visit Broker Website

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Kamali Ct
Memphis, TN 38128

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Kamali Ct
Memphis, TN 38128

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4390 Kamali Ct
  • Leslie Pickett
    Leslie Pickett
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