27
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$265,000
Est. payment /mo
Price Dropped by $10K
1493 GAITHER ST Memphis, TN 38106
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Greenland Hgts
MLS Listing ID 10217289
Year Built 1970
Annual Tax Amount $2,956
Property Sub-Type Fourplex
Property Description
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you're expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Interior
Heating Wall Heat
Cooling 2+ Window Units per Unit
Flooring Hardwood Throughout, Wood Laminate Floors
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop, Concrete
Roof Type Composition
Building
Story 2
Foundation Slab
Water Other (See REMARKS)
Listed by Garth Ward • eXp Realty, LLC
NEARBY SCHOOL & BUSINESS
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