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New
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$320,000

For Sale

A day ago

736 Richmond Ave, Memphis, TN

Condo

MLS® 10217072

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1965
MLS® Number 10217072

Property Address: 736 Richmond Ave, Memphis, TN, 38106

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3, 888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Unit #5 is rent ready, while Unit #2 was recently vacated and freshly painted but needs a few finishing updates including. Unit #4 was renovated about two years ago and remains in good condition. Unit #6 has a long term tenant. Four units are equipped with gas wall heaters and two units feature newer hardwired electric heaters. *Current rents: Unit 1: $650, Unit 2: Vacant, Unit 3: $992 (Section 8), Unit 4: $600, Unit 5: Rent Ready, Unit 6: $525. Strong investment opportunity with value add potential.
MLS® Number10217072
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building and Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$320,000List Price
  • Commute

Commute

Starting Address
Destination Address
736 Richmond Ave, Memphis, TN

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