1044 Delmar Ave
Memphis, TN 38105
- – beds
- – baths
- – sqft
- 1912 build
- – on site
Gated Delmar-Lema Historic District Village with 23 units near the Medical District. 7% proforma cap rate! Units are 1 bed/1bath and have received extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. Exteriors have fresh paint and newer roofing. Entire perimeter is fenced and solar powered double entry security gate has been installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments!
Last checked:
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Last updated Apr 22, 2025
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MLS# 10194802 —
The Building
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Construction:Wood/Composition
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Type:Flat/Garden Units
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Type Units:1 BR - 1 Bath
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Roof:Composition
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Foundation:Conventional/Crawl Space
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Floors/Ceilings:Vinyl Floor
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# of Buildings:17
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Total # of Units:23
Financial & Terms
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New Financing:Conventional
Location
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Map Coordinate:E
The Property
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Area:741E
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Lot #:PT 8
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Lot Size:245 Sqft
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Miscellaneous Exterior:Fully Fenced, Security Gate, Historic District
Listing Agent
- Contact info:
- Agent phone:
- (901) 273-6577
- Office phone:
- (901) 552-4036
The Listing
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Sale includes:All Appliances, Building and Land
Heating & Cooling
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Heating Systems:Central
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Cooling System:Central
Utilities
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Hot Water:Public Sewer, Public Water
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Laundry:None
The Community
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Amenities:Dumpster
Parking
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Parking Facility:Asphalt/Blacktop
Extra Units
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1 Bedroom Units:23
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/22/25
Apr 22, 2025
|
Listed / Active | MAARMLS | $1,650,000 |