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1707 ONTARIO AVE, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1707 ONTARIO AVE,Memphis, TN 38127
$1,295,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: robert newman
Office: rp newman realty llc.
MLS#:10231495
Source:TN_MAAR

Price summary

  • Price:$1,295,000

About this home

16–25 UNIT INVESTMENT OPPORTUNITY | 100% OCCUPIED! Excellent opportunity to acquire a fully occupied, income-producing 16-unit apartment building in Memphis. All units feature two bedrooms, with significant renovations completed in 2022. Offered at $1,295,000, approximately $80,938 per unit. Investors can also acquire the adjoining 9-unit building at 1695 Ontario for a combined 25-unit portfolio price of $1,695,000—just $67,800 per unit! Established rental income, additional income potential and existing property management available to remain in place. Ideal for investors looking to expand their multifamily portfolio. Financials and rent roll available upon request. Owner financing may be considered for the combined portfolio, subject to acceptable terms. Owner/Agent

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Home facts

  • Year built:1974
  • Subdivision & Development:WILLIS
  • Listing ID #:10231495
  • Added:1 day(s) ago
  • Updated:October 01, 2026 at 05:24 PM

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1974
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Tax amount:$8,184
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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