25 UNITS | 100% OCCUPIED | OWNER FINANCING AVAILABLE! Excellent opportunity to acquire two fully occupied multifamily buildings totaling 25 units (16 + 9) in Memphis. All units feature 2 bedrooms and 1 bathroom, generating approximately $276,000 in annual base rental income at current rents. Immediate income with established tenants and professional property management already in place and willing to remain. Potential for additional revenue growth. Ideal for investors looking to expand their portfolio or acquire a stabilized, income-producing multifamily asset. Owner financing available with acceptable terms. Purchase both buildings together or inquire about individual purchase options. Contact the listing broker for rent roll, financials, financing details and additional information. Owner/Agent.
Listed By
Agency Name: RP Newman Realty LLC
Agency Phone: 901-502-1823
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 4,266.71 per month $3,772.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $494.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
1695 Ontario Ave | MLS# 10231501
This multi-family property located at 1695 Ontario Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $1,695,000. Search Frayser - East real estate on www.kathryngarland.com today.