1261 Central Ave
Memphis, TN 38104
- – beds
- – baths
- – sqft
- 1917 build
- – on site
Beautiful 6 unit multifamily in the heart of midtown with easy access to the medical district, dining, shopping and entertainment. Fully occupied with value add opportunity with cosmetic upgrades. A must see for any investor.
Last checked:
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Last updated Oct 22, 2024
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MLS# 10180386 —
The Building
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Construction:Brick, Stone
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Type:Converted House
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Type Units:1 BR - 1 Bath, 2 BR - 1 Bath, Efficiency/Studio
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Roof:Pitched, Shingle/Shake
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Foundation:Conventional/Crawl Space, Partial Basement
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Floors/Ceilings:Tile, Partial Carpet, Wood Laminate Floors
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# of Buildings:1
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Total # of Units:6
Financial & Terms
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New Financing:Conventional
Location
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Map Coordinate:F
The Property
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Area:746F
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Improved SqFt:2,748 Sqft
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Leaseable SqFt:2748
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Lot #:33
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Lot Size:60 Sqft
Listing Agent
- Contact info:
- Agent phone:
- (855) 856-9466
- Office phone:
- (855) 856-9466
The Listing
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Sale includes:Building and Land
Heating & Cooling
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Heating Systems:Wall Heat
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Cooling Systems:1 Window Unit per Unit
Utilities
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Hot Water:Gas
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Laundry:None
Parking
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Parking Facility:Gravel
Extra Units
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# of Efficiency/Studio Units:3
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1 Bedroom Units:2
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2 Bedroom Units:1
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 |
|---|---|---|---|---|
|
9/2/24
Sep 2, 2024
|
Listed / Active | MAARMLS | $500,000 | 25.0% (12.3% / YR) |
|
8/24/22
Aug 24, 2022
|
MAARMLS | $400,000 | ||
|
4/1/22
Apr 1, 2022
|
MAARMLS |
