670 Bethel Ave Memphis, TN 38107
Six-unit apartment building rebuilt in 2018 near downtown.
Property Features for 670 Bethel Ave
General Information
- Exterior features
- 1, : "Composition"
- Interior features
- 1, : "Individual Cooling", "2": "Individual Systems"
Building Details
- Year built
- 1952
Source: Memphis Metro Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Area Six-Unit Apartment Building
Located a few blocks from the downtown area, this six-unit apartment building was rebuilt from the studs out in 2018, including the roof, plumbing, and electrical systems. Four of the units are currently occupied, and one is rent-ready. Each unit is equipped with a dedicated mini-split heat and air unit, and the property includes parking. The surrounding area features new homes and high property values. The current rents total $3450, with a potential to reach $4100+ once the last vacant unit is occupied, presenting a value-add opportunity. Note that the price has been adjusted to account for discovered foundation and subfloor repairs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0356934
- Latitude
- 35.1628783
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit apartment building rebuilt in 2018 near downtown.
Where is this apartment building located?
The property is located at 670 Bethel Ave Memphis, TN.
What is the asking price?
The asking price for this property is $204,999.
What are key features of this property?
This property features: - Significant price reduction to cover foundation/subfloor repairs.; - Rebuilt from the studs out in 2018 (roof, plumbing, electrical).; - Close proximity to the Downtown area.