1265 JAMES ST Memphis, TN ^$ 500,000

1265 JAMES ST

^$ 500,000

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1265 JAMES ST

Memphis, TN, 38106

^$ 500,000

Bedrooms12 Baths6.0

Monthly Estimate*

^$ 3,323

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Multi-Family Home for sale in Memphis, TN

for $500,000 with 12 bedrooms and 6 full baths. This home was built in 1963.

Now available is a 95% occupied turn-key 6 unit apartment building! New windows, updated electrical panel, LVP flooring, New kitchen and bath in each unit! Each unit comes with a stainless refrigerator and range. Each unit is separately metered. Owner pays for lawn/security lights only. Rent is $795/mo each unit. One unit vacant and currently being marketed.

Multi-Family Pending

Price

^$ 500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,668

Style

Apartment Building

Year Built

1963

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10169044

Features

General

Roof Composition

Construction Brick

Status Pending Pending

Legal Subdivision Name STAINBACK BLK TRI

Stories 2

Class Multi-Family

Laundry Y/N Connections

Type Apartment Building

Area 748A South Memphis/Glenview

Year Built 1963

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size .26

Parking Facility Concrete

Interior

Hot Water Electrical

* Excluded Features

List By

Renshaw Company, Realtors

Broker

Affordability Calculator

$3,545

Per Month

Monthly Principal & Interest: $3,323
Monthly Property Taxes: $222
Monthly Home Insurance: --

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Loan Term

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 22%

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
4/1/2024	$500,000		Listed Price

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1265 JAMES ST, Memphis, TN, 38106 is a Multi-Family Home for sale at $500,000. 1265 JAMES ST has 12 bedrooms, 6.0 baths, and was built in 1963. The property's zip code is 38106 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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1265 JAMES ST

Multi-Family Home for sale in Memphis, TN

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