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1042 Merriwether Ave
Memphis, TN 38105
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Location! Location! Location!
- Painted Exterior, looks so nice!
- Plenty of Parking!
- Great VALUE ADD! Apartments around it have already started rehabbing and drawing in over 1,000 per month!
Property Facts
| No. Units | 14 | Building Size | 8,050 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2021 |
| Building Class | C | Parking Ratio | 2.48/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | RMM | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 8,050 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2021 |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | RMM |
Amenities
Unit Amenities
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Yard
- Family Room
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | $650.00 | - |
Property Taxes
| Parcel Number | 02-0089-0-0038 | Improvements Assessment | $228,640 |
| Land Assessment | $25,320 | Total Assessment | $253,960 |
Property Taxes
Parcel Number
02-0089-0-0038
Land Assessment
$25,320
Improvements Assessment
$228,640
Total Assessment
$253,960
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