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Four-Unit Multifamily Property
For Sale
$255,000

1493 Gaither Street, Memphis, TN 38106

Memphis multifamily property with four units and wall/window cooling units.

Property SizeContact for details
Days on Market243

Property Features for 1493 Gaither Street

General Information

Standard status Active
Property subtype Multi-Family / Fourplex

Taxes and HOA fees

Annual Taxes $2,956

Amenities

Hardwood Throughout, Wood Laminate Floors
Composition

Building Details

Year Built 1970
Listing Agency: eXp Realty, LLC
Listed By: Garth Ward
Source: Compass
Added: Jan 27 Changed: Sep 26 Last Checked: Sep 26 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This Memphis quadplex contains four residential units within a 2,850-square-foot property built in 1970. Interior features include wall/window unit cooling, while no additional interior features are identified.

The property is located at 1493 Gaither St in Memphis, Tennessee, in Shelby County. It sits next to a playground, with the building positioned on the right when approaching the site.

Key Highlights

  • Four‑unit quadplex in Memphis
  • 2,850‑square‑foot property
  • Built in 1970

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Building Supply Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Memphis multifamily property with four units and wall/window cooling units.
Where is this quadplex located?
The property is located at 1493 Gaither Street Memphis, TN.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Four‑unit quadplex in Memphis; 2,850‑square‑foot property; Built in 1970
More about this property
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