1695, 1707 ONTARIO AVE Memphis, TN ^$ 1,950,000

1695, 1707 ONTARIO AVE

^$ 1,950,000

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1695, 1707 ONTARIO AVE

Memphis, TN, 38127

^$ 1,950,000

Bedrooms50 Baths25.0

Monthly Estimate*

^$ 12,960

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Multi-Family Home for sale in Memphis, TN

for $1,950,000 with 50 bedrooms and 25 full baths. This home was built in 1974 on a lot size of 1.

Newly renovated 25- 2 bed/1 bath units 1695 &1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 85% occupied

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,219

Style

Apartment Building

Lot Size

Year Built

1974

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10165391

Features

General

Roof Shingle/Shake

Construction Brick Wood/Composition

Status Active Active

Legal Subdivision Name IDLEWOOD APTS

Stories 2

Class Multi-Family

Laundry Y/N Common Laundry

Type Apartment Building

Area 7263 Frayser/Whitney

Unit Number 1-25

Year Built 1974

City Memphis

Exterior

Foundation Slab

Number of Buildings 4

Lot Size 1 acre

Parking Facility Asphalt/Blacktop

Interior

Hot Water Electrical

* Excluded Features

List By

Rp Newman Realty Llc

Broker

Affordability Calculator

$13,645

Per Month

Monthly Principal & Interest: $12,960
Monthly Property Taxes: $685
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$388,970

Percent of Sale Price 80%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/7/2024	$1,950,000		Listed Price

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1695, 1707 ONTARIO AVE, Memphis, TN, 38127 is a Multi-Family Home for sale at $1,950,000 with a lot size of 1. 1695, 1707 ONTARIO AVE has 50 bedrooms, 25.0 baths, and was built in 1974. The property's zip code is 38127 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 5/27/2024.

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1695, 1707 ONTARIO AVE

Multi-Family Home for sale in Memphis, TN

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