Listing Courtesy of: Reed Rickenbach - Diversified Real Estate
$485,000
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3970 SOUTHLAWN Ave Memphis, TN 38111
Apartment Building
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Offered along with 3969 Southlawn (6 Unit Next Door) - 3970 Southlawn presents a 5-unit apartment building within walking distance to both UofM campuses. 5 of 5 units renovated. All units are 2 bed 1 bath, one of which being a two-story townhome. Central heat/air. Current rent roll $4,490 (one unit ...listed for rent) with a market potential rent of $6,050 (per 2024 published HUD rents for 38111). Combined rent roll with both properties is $9,090 with a market potential of $13,030. Add these 11 units to your portfolio today!
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MLS#
10184193
Property Type
Apartment Building
Year Built
1965
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