Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!
Details
MLS #
10228654
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1968
Days On Site
16
Listing Provided By
Sowell, Realtors | Joshua Cooper
Features
Units
5
Building(s)
1
Exterior
Roof
Shingle/Shake
Construction
Brick/Veneer
Foundation
Slab
Parking
Parking Facility
Gravel
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38126
Area
South Bluffs | Downtown
Subarea
745E
Community Name
WASHINGTON HEIGHTS BLK 7
Listing VS Median (in WASHINGTON HEIGHTS BLK 7)
Price: $292,500
low | high
Med: $0
On site: 16
low | high
Med:
Sourced by Back At You
Market Activity 38126
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jun 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $140,000
Max Sale Price: $140,000
Med Sale Price: $140,000
Date: Mar 2026
Sales: 4
Avg $ Per SqFt: $
Min Sale Price: $10,000
Max Sale Price: $575,000
Med Sale Price: $242,500
Date: Feb 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $215,000
Max Sale Price: $215,000
Med Sale Price: $215,000
Date: Jan 2026
Sales: 3
Avg $ Per SqFt: $
Min Sale Price: $157,000
Max Sale Price: $490,000
Med Sale Price: $195,000
Date: Nov 2025
Sales: 3
Avg $ Per SqFt: $88.09
Min Sale Price: $15,000
Max Sale Price: $165,000
Med Sale Price: $25,000
Date: Sep 2025
Sales: 3
Avg $ Per SqFt: $97.61
Min Sale Price: $3,500
Max Sale Price: $185,000
Med Sale Price: $85,000
Sourced by Back At You
Jun 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$140,000
Max Sale Price:
$140,000
Med Sale Price:
$140,000
Mar 2026
Sales:
4
Avg $ Per SqFt:
$
Min Sale Price:
$10,000
Max Sale Price:
$575,000
Med Sale Price:
$242,500
Feb 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$215,000
Max Sale Price:
$215,000
Med Sale Price:
$215,000
Jan 2026
Sales:
3
Avg $ Per SqFt:
$
Min Sale Price:
$157,000
Max Sale Price:
$490,000
Med Sale Price:
$195,000
Nov 2025
Sales:
3
Avg $ Per SqFt:
$88.09
Min Sale Price:
$15,000
Max Sale Price:
$165,000
Med Sale Price:
$25,000
Sep 2025
Sales:
3
Avg $ Per SqFt:
$97.61
Min Sale Price:
$3,500
Max Sale Price:
$185,000
Med Sale Price:
$85,000
MLS Number: 10228654
Joshua Cooper – (901) 871-1204 – jcooper@sowellrealtors.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.
MLS Number: 10228654
Joshua Cooper – (901) 871-1204 – jcooper@sowellrealtors.com