3969 Southlawn Ave
Memphis, TN 38111
- – beds
- – baths
- – sqft
- 1965 build
- – on site
Some Owner Financing Available. Offered along with 3970 Southlawn (5 Unit Next Door) - 3969 Southlawn presents a 100% occupied 6-unit apartment building within walking distance to both UofM campuses. 4 of 6 units renovated. Central heat/air. Current rent roll $4,600 (one unit listed for rent) with a market potential of $6,980 (per 2024 published HUD rents for 38111). Combined rent roll with both properties is $9,090 with a market potential of $13,030. Add these 11 units to your portfolio today!
Last checked:
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Last updated Nov 20, 2024
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MLS# 10184191 —
The Building
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Type:Apartment Building
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Type Units:1 BR - 1 Bath, 2 BR - 1 Bath
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Roof:Shingle/Shake
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Foundation:Slab
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Floors/Ceilings:Hardwood Throughout, Vinyl Floor
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# of Buildings:1
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Total # of Units:6
Financial & Terms
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New Financing:Other (Call LA)
Location
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Map Coordinate:C
The Property
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Area:758C
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Lot #:1
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Lot Size:9,474 Sqft
Listing Agent
- Contact info:
- Agent phone:
- (501) 765-4833
- Office phone:
- (901) 435-3801
The Listing
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Sale includes:All Appliances, Building and Land, All Furnishings
Heating & Cooling
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Heating Systems:Central
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Cooling Systems:Central
Utilities
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Hot Water:Gas
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Laundry:Dryer in Unit, Washer in Unit
Parking
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Parking Facility:Asphalt/Blacktop
Extra Units
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1 Bedroom Units:2
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2 Bedroom Units:4
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/30/24
Oct 30, 2024
|
Listed / Active | MAARMLS | $535,000 |
