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3969 SOUTHLAWN AVE Memphis, TN $ 535,000
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$ 535,000 Get more info
3969 SOUTHLAWN AVE
$ 535,000
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3969 SOUTHLAWN AVE

Memphis, TN, 38111
$ 535,000
Bedrooms10 Baths6.0

Monthly Estimate*

$ 3,556

3969 SOUTHLAWN AVE, Memphis, TN 38111 - Image 1
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3969 SOUTHLAWN AVE, Memphis, TN 38111 - Image 3
3969 SOUTHLAWN AVE, Memphis, TN 38111 - Image 4
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3969 SOUTHLAWN AVE, Memphis, TN 38111 - Image 8

Multi-Family Home for sale in Memphis, TN

for $535,000 with 10 bedrooms and 6 full baths. This home was built in 1965.

$89k/Unit for this East Memphis 6-Unit! Property is located 2.4 miles from University of Memphis. Fully occupied and bringing in $4,400 per month with a proforma/potential rent of $5,500+. $85k+ in capital improvements in the last 24 months to include: Interior Renovation, New Roof, Perimeter Fence, HVAC, Exterior Lighting, Tree Removal & more. Tenants pay all utilities other than water. DO NOT DISTURB TENANTS. Accepted offer needed before touring.

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Multi-Family Active

Price

$ 535,000

Bedrooms

10

Full Bath

6

Property Type

Multi-Family

Taxes

$ 2,668

Style

Apartment Building

Year Built

1965

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10170065
Features
General
Roof Shingle/Shake
Construction Brick/Veneer
Status Active Active
Legal Subdivision Name SOUTHLAWN COMMERCIAL
Class Multi-Family
Laundry Y/N Connections
Type Apartment Building
Area 758C Getwell/Park
Year Built 1965
City Memphis
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 9474
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Electrical
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* Excluded Features
List By
Diversified Real Estate

Broker

Affordability Calculator

$3,778
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,556
Monthly Property Taxes
$222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/30/2024$535,000 -0.37% Price Down
5/28/2024$537,000 -0.19% Price Down
5/5/2024$538,000 -0.19% Price Down
4/15/2024$539,000 Listed Price

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3969 SOUTHLAWN AVE, Memphis, TN, 38111 is a Multi-Family Home for sale at $535,000. 3969 SOUTHLAWN AVE has 10 bedrooms, 6.0 baths, and was built in 1965. The property's zip code is 38111 which is in Memphis, TN

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