374 N Dunlap St
Memphis, TN 38105
- – beds
- – baths
- – sqft
- 1959 build
- – on site
Located in a strong rental neighborhood, this value-add investment is strategically positioned for a new buyer. The opportunity provides a new investor with the ability to achieve significant upside from a well-located asset. The property is located just 1 block from the Medical District and 1 mile from the Crosstown Concourse. Nicely manicured with an open, U shaped layout, the property feels large and welcoming. All units feature 1 bedroom and 1 bathroom. The current owner has fully renovated 6 of the 10 units along with other capital improvements, including window, plumbing, and electrical updates, as well as a new roof in 2022. A few upgrades and some well-placed capital improvements by a new investor can significantly drive both rents and long-term value.
Last checked:
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Last updated Feb 7, 2025
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MLS# 10184186 —
The Building
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Construction:Brick
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Type:Apartment Building
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Type Units:1 BR - 1 Bath
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Roof:Composition
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Foundation:Slab
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Floors/Ceilings:Tile, Wood Laminate Floors
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# of Buildings:1
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Total # of Units:10
Financial & Terms
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New Financing:Conventional, Private
Location
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Map Coordinate:E
The Property
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Area:741E
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Improved SqFt:5,000 Sqft
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Land SqFt:14,850 Sqft
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Lot Size:0 Sqft
Listing Agent
- Contact info:
- Agent phone:
- (208) 620-8283
- Office phone:
- (509) 220-0128
The Listing
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Sale includes:Building and Land
Heating & Cooling
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Heating Systems:Electrical
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Cooling System:Electrial
Utilities
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Hot Water:Electrical
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Laundry:None
Appliances
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Appliances/Equipment:Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)
Parking
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Parking Facility:Gravel, Offsite/Street
Extra Units
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1 Bedroom Units:10
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 |
|---|---|---|---|---|
|
11/28/24
Nov 28, 2024
|
Pending | MAARMLS | $535,000 | |
|
10/29/24
Oct 29, 2024
|
Listed / Active | MAARMLS | $535,000 |
