1160 Morehead Street Memphis, TN 38107

Building Details

Year Built

1940

Listing agency Crye-Leike, Inc., REALTORS k***@crye-leike.com Show Phone

Listed by Kevin Woods Show Phone

Source Compass

Added: Feb 26 Updated: Jul 21 at 4:05AM Checked: Jul 22 at 8:47AM

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Investment Insights

Based on property information with market context.

This 4-unit residential income property (a 4plex) is offered for sale as-is. Public remarks indicate it is “ready” for either an investor or an occupant, with an option to live in one unit while renting the other doors. According to the provided information, 3 of the 4 units are currently occupied, for total rent of $2,000 per month, with a stated potential of $2,700 per month.

The property is listed with an existing rent schedule and notes that renovations have been completed. Please see the MLS for the rent schedule and details on renovations completed, and contact the listing agent for additional specifics regarding unit conditions and the remaining vacancy.

Key Highlights

• 4‑plex built in 1940 with slate roof
• Interior floors include hardwood throughout, tile, and wood laminate; dry wall
• Refrigerator and cooktop/wall oven included

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FAQs

What type of property is this?

Quadplex - Fourplex with 3 of 4 units currently occupied, producing monthly income with additional upside per the provided rent schedule.

Where is this quadplex located?

The property is located at 1160 Morehead Street Memphis, TN.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: 4‑plex built in 1940 with slate roof; Interior floors include hardwood throughout, tile, and wood laminate; dry wall; Refrigerator and cooktop/wall oven included