Maria Townsend
REALTOR®, EXECUTIVE BROKER, ABR, AHWD, C2EX, CRS, LRS, MMDC, PSA, SFR, SNP, e-PRO, HFR, MRP, SRES
BEDS18
BATHS
MLS#10222742
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEAST CV
NEIGHBORHOODChickasaw Gardens
Property Description
Excellent investment opportunity in East Memphis! Newly renovated 10-unit multifamily property conveniently located just off Walnut Grove Road. Property is currently approximately 80% occupied and generating over $8,600 per month in rental income, offering immediate cash flow with additional upside through lease-up and rent optimization. Recent improvements have enhanced the property's appeal and tenant desirability. Situated in a highly accessible location near major employment centers, shopping, dining, and transportation corridors. Whether you're looking to expand your portfolio or acquire a stabilized asset with value-add potential, this property presents a compelling opportunity. Financial information available upon request. Buyer to verify all information deemed important. DO NOT DISTURB TENANTS
Property Features
Property Type: Multi Unit - Multiple
Roof Type: Shingle/Shake
Year Built: 1950
Feature Descriptions
Units: 10
Listed By / Shown By
Listed By
Agency Name: KAIZEN Realty, LLC
Shown By
Agent Name: Maria Townsend
Agent Phone: (901) 216-5605
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 2,303.02 per month $2,036.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $266.85 Homeowner's InsuranceChange Payment Information
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160 Hayden Pl | MLS# 10222742
This multi-family property located at 160 Hayden Pl, Memphis, TN 38111 is currently listed for sale with an asking price of $914,900. Search Chickasaw Gardens real estate on mariatownsend.crye-leike.com today.