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1680-1686 KANSAS ST Memphis, TN $ 1,450,000
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$ 1,450,000 Get more info
1680-1686 KANSAS ST
$ 1,450,000
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1680-1686 KANSAS ST

Memphis, TN, 38109
$ 1,450,000
Bedrooms22 Baths22.0

Monthly Estimate*

$ 9,637

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Multi-Family Home for sale in Memphis, TN

for $1,450,000 with 22 bedrooms and 22 full baths. This home was built in 1954.

Welcome to Sunny Grove Apartments! This 22-unit listing is two buildings and one graveled parking lot. Building addresses are 1680 Kansas St (12 units) and 1686 Kansas St (10 units) and lot address is 1683 Kansas. It is a fully renovated and stabilized property that would be perfect for a 1031 exchange or any investor looking for a low-maintenance, cash-flowing property. $13,305 current monthly rent. Owner is offering a 1-year income guarantee. More information can be found on Loopnet and Crexi.

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Multi-Family Pending

Price

$ 1,450,000

Bedrooms

22

Full Bath

22

Property Type

Multi-Family

Taxes

$ 8,171

Style

Apartment Complex

Year Built

1954

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10123510
Features
General
Roof Composition
Construction Brick
Amenities Security System Dumpster Privacy Walls/Fences
Status Pending Pending
Legal Subdivision Name SOUTH MEMPHIS LAND CO
Class Multi-Family
Laundry Y/N Common Laundry
Type Apartment Complex
Area 747A South Memphis/61 Hwy
Year Built 1954
City Memphis
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Exterior
Foundation Laundry Facility Slab
Number of Buildings 2
Lot Size 72.38 X 243.7
Parking Facility 1 Per Unit Concrete Gravel
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Interior
Hot Water Electrical Individual System
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$10,318
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$681
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2022$1,450,000 -9.38% Price Down
5/9/2022$1,600,000 Listed Price

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1680-1686 KANSAS ST, Memphis, TN, 38109 is a Multi-Family Home for sale at $1,450,000. 1680-1686 KANSAS ST has 22 bedrooms, 22.0 baths, and was built in 1954. The property's zip code is 38109 which is in Memphis, TN

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