665 Pontotoc AveMemphis, TN 38126

  • Residential income properties
  • 5,600 SF
For Sale
$650,000 View listing

Property Details for 665 Pontotoc Ave

Year built
1967
Lot size
0.27 AC
Property size (Sq ft)
5,600 SF
Zone code
EMP
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
007-016- - -00003
APU
701600003

Description

This exceptional investment opportunity presents a two-story apartment building situated on a 0.27-acre lot in Memphis, Tennessee. Built in 1967, the brick structure features a pitched shingle/shake roof and a slab foundation. Located in the South Bluffs/downtown area, specifically the Shepherd Blk 59 subdivision, this property offers convenient access to FedEx Forum via MLK Ave, Orleans St, and Pontotoc Ave. The building's construction is of brick, and it boasts two levels. Annual property taxes are $643. The sale includes the building and land. This multifamily property presents a strong investment opportunity in a desirable Memphis neighborhood. The property is currently listed as active. Further details regarding ownership expenses are available upon request.

665 Pontotoc Ave, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.135
Longitude
-90.0393
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,135
$10,440
$8,200
$18,640
-
$26,100
$20,500
$46,600

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