Contingent
$ 849,000 Est. Payment

1060 Merriwether Ave

Memphis, TN 38105
Apartment
Residence
0.74
Acre Lot
1of
Map
Photos
Courtesy: Felecia Magro - The Stamps Real Estate Company 901-853-1118
Proud to announce this 22 unit complex, located in the midtown/medical district area! Already stable but has the potential to be a VALUE ADD as well. The location is stellar and it√Ęs a rare opportunity to be able to purchase a turn key complex in the area it is located in! 16 of the 22 units are rented! Professionally managed by a local property management company. Freshly painted railings and window seals throughout the exterior, More than half of the units have been rehabbed throughout.
10061957
Apartment, Other
Shelby
1966
0.74 Acres
Public Water Service
Brick
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
6,650
655,770
938,069
321,418,820
3,905
2,085
1,227
89
2.1
2.6
2.7
2.6
31.5
33.3
34.8
37.4
$17,192
$37,099
$46,213
$53,482
$12,944
$21,909
$25,913
$28,555
 
Economy
Zip
City
County
National
6.30 %
6.30 %
5.80 %
5.20 %
0.60 %
0.60 %
0.60 %
1.60 %
34.90 %
34.90 %
35.40 %
38.00 %
9.25 %
9.25 %
9.25 %
6.00 %
0.00 %
0.00 %
0.00 %
4.60 %
70
74
79
100
 
Environment
Zip
City
County
National
248
294
285
1443
54
54.3
54.4
39.2
3.8
3.2
3.1
25.8
32.6
31
30.8
22.6
91.6
91.3
91.3
86.1
104
111
105
102
214
218
214
205
73
64
64
54
Source: Sperling's Best Places
Courtesy: Felecia Magro - The Stamps Real Estate Company 901-853-1118
Patricia Corcoran, License 325242, Xome Inc., License 262361, Patricia.Corcoran@Xome.com, 844-400-XOME (9663), 442 E. Iris Drive, Nashville, TN 37204


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