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1695 ONTARIO AVE, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1695 ONTARIO AVE,Memphis, TN 38127
$1,695,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: robert newman
Office: rp newman realty llc.
MLS#:10231501
Source:TN_MAAR

Price summary

  • Price:$1,695,000

About this home

25 UNITS | 100% OCCUPIED | OWNER FINANCING AVAILABLE! Excellent opportunity to acquire two fully occupied multifamily buildings totaling 25 units (16 + 9) in Memphis. All units feature 2 bedrooms and 1 bathroom, generating approximately $276,000 in annual base rental income at current rents. Immediate income with established tenants and professional property management already in place and willing to remain. Potential for additional revenue growth. Ideal for investors looking to expand their portfolio or acquire a stabilized, income-producing multifamily asset. Owner financing available with acceptable terms. Purchase both buildings together or inquire about individual purchase options. Contact the listing broker for rent roll, financials, financing details and additional information. Owner/Agent.

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Home facts

  • Year built:1974
  • Subdivision & Development:WILLIS
  • Listing ID #:10231501
  • Added:1 day(s) ago
  • Updated:October 03, 2026 at 11:35 AM

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1974

Finances and disclosures

  • Price:$1,695,000
  • Tax amount:$10,500
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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