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1535 GAITHER ST #1-4, Memphis, TN 38106

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1535 GAITHER ST #1-4,Memphis, TN 38106
$275,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james johnson
Office: crestcore realty, llc.
MLS#:10212733
Source:TN_MAAR

Price summary

  • Price:$275,000

About this home

Four-Unit Multifamily Investment Opportunity Excellent value-add opportunity with this 4-unit multifamily property. One unit is currently occupied, generating $750 per month in rental income. The remaining three units are vacant and ready for renovation, offering significant upside potential. All units have wall heat and window unit A/C. Market rent comps support projected rents of approximately $800 per unit once rehabbed. Ideal for investors looking to add value through renovations and increase long-term cash flow. This is an attractive opportunity for buy-and-hold or portfolio expansion. Seller will consider owner financing as an option.

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Home facts

  • Year built:1970
  • Listing ID #:10212733
  • Added:156 day(s) ago
  • Updated:March 07, 2026 at 11:40 AM

Rooms and interior

  • Flooring:Vinyl Floor

Heating and cooling

  • Heating:Wall Heat

Structure and exterior

  • Roof:Flat
  • Year built:1970
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$275,000
  • Tax amount:$2,608
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