The Offering

Summary

  • Price $425,000
  • Price per Unit $85,000
  • Number of Units 5
  • Year Built 1956 & 2017
  • Number of Buildings 2
  • Number of Stories 2
  • Land Area .17 ac
  • Roof Pitched composition
  • Utilities 1 utility meter

Prime Midtown Investment Opportunity!

Located on vibrant Madison Avenue just steps from Overton Square, this renovated five-unit multifamily property offers excellent rental income potential. The main house features four spacious units, plus a separate apartment above the garage. Major updates include 2017 renovations with new HVAC and a new roof in 2019. Several units have been modernized with updated flooring, countertops, and appliances. Added conveniences include an onsite laundry room and strong tenant appeal from the walkable location.

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Listing Agent

Worth Woodyard

Worth Woodyard

Affiliate Broker
Woodyard Realty Corp
TN 356099
MS S-61492
901-273-6648
Woodyard Realty Corp.
5865 Ridgeway Center Pkwy Ste 300, Memphis, TN 38120
Phone 901-767-1998
TN Company License #256220
MS Company License #C-21186