665 Pontotoc Ave Memphis, TN 38126-2309
- Apartment buildings
- 5,600 SF
- 0.27 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 665 Pontotoc Ave
- Year built
- 1967
- Lot size
- 0.27 lot acres
- Property size
- 5,600 SF
- Zone code
- EMP
- Property type
- Apartment buildings
- APN
- 007-016- - -00003
- APU
- 701600003
Description
This exceptional investment opportunity presents a two-story apartment building situated on a 0.27-acre lot in Memphis, Tennessee. Built in 1967, the brick structure features a pitched shingle/shake roof and a slab foundation. Located in the South Bluffs/downtown area, specifically the Shepherd Blk 59 subdivision, this property offers convenient access to FedEx Forum via MLK Ave, Orleans St, and Pontotoc Ave. The building's construction is of brick, and it boasts two levels. Annual property taxes are $643. The sale includes the building and land. This multifamily property presents a strong investment opportunity in a desirable Memphis neighborhood. The property is currently listed as active. Further details regarding ownership expenses are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0393
- Latitude
- 35.135
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
