3251 OLD GETWELL RD Memphis, TN ^$ 4,100,000

3251 OLD GETWELL RD

^$ 4,100,000

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3251 OLD GETWELL RD

Memphis, TN, 38118

^$ 4,100,000

Bedrooms139 Baths48.0

Monthly Estimate*

^$ 27,250

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Multi-Family Home for sale in Memphis, TN

for $4,100,000 with 139 bedrooms and 48 full baths. This home was built in 1973.

This 48-unit property is a value add opportunity located near East Memphis. There are 43-3BR units and 5-2BR units. The total scheduled monthly income is 44764. There are 12 units left to be rehabbed. Drive by only. Please do not disturb residents

Multi-Family Active

Price

^$ 4,100,000

Bedrooms

139

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,565

Style

Apartment Building

Year Built

1973

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10172400

Features

General

Roof Shingle/Shake

Construction Brick/Veneer

Status Active Active

Legal Subdivision Name BROOK HOLLOW COMMERCIAL

Stories 2

Class Multi-Family

Laundry Y/N Connections

Type Apartment Building

Area 771A Airport/Oakhaven

Year Built 1973

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size 253.675 X 311.235 IRR

Parking Facility Asphalt/Blacktop

Interior

Hot Water Electrical

* Excluded Features

List By

Crye-Leike Commercial

Broker

Affordability Calculator

$27,547

Per Month

Monthly Principal & Interest: $27,250
Monthly Property Taxes: $297
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 ^$406,343

Percent of Sale Price 90%

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
5/15/2024	$4,100,000		Listed Price

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3251 OLD GETWELL RD, Memphis, TN, 38118 is a Multi-Family Home for sale at $4,100,000. 3251 OLD GETWELL RD has 139 bedrooms, 48.0 baths, and was built in 1973. The property's zip code is 38118 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 5/30/2024.

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3251 OLD GETWELL RD

Multi-Family Home for sale in Memphis, TN

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