Memphis, TN 38106,519 SIMPSON AVE
Memphis, TN 38106,519 SIMPSON AVE
Memphis, TN 38106,519 SIMPSON AVE
Memphis, TN 38106,519 SIMPSON AVE
Memphis, TN 38106,519 SIMPSON AVE
Memphis, TN 38106,519 SIMPSON AVE
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Listed by Jonathan Nunez • Fast Track Realty
Bought with Sandra Villamil

$326,000

$370,000

11.9%
Est.Price: ?

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Est. payment /mo

3,618 SqFt


SOLD DATE : 05/19/2025

Key Details

Sold Price $326,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,618 sqft

Price per Sqft $90

Subdivision Trigg

MLS Listing ID 3054940

Sold Date 05/19/25

Year Built 1959

Annual Tax Amount $1,280

Lot Dimensions 72 X 125

Property Description

Investor's Dream! Don't miss out on this six-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom. Can potentially generate $7,080 in monthly rental income, with section 8 tenants. Each unit has its own electric meter, keeping expenses streamlined.

Location

State TN

County Shelby County

Interior

Cooling Other

Flooring Tile

Fireplace N

Exterior

View Y/N false

Roof Type Other

Private Pool false

Building

Structure Type Brick

New Construction false

Others

Senior Community false

Special Listing Condition Standard

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