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1825 CASTALIA ST, Memphis, TN 38114

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1825 CASTALIA ST,Memphis, TN 38114
$449,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: elizabeth gavarrete, vivian denogean
Office: fast track realty, llc.
MLS#:10217470
Source:TN_MAAR

Price summary

  • Price:$449,999

About this home

New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market.Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule).Each unit includes air conditioning (Central AC or PTAC units).The property is conveniently located near major distribution centers and directly across from the Kellogg’s facility, with easy access to major employment hubs. It is also approximately 15 minutes from Memphis International Airport, providing strong rental demand potential.The owner prefers traditional financing but will consider creative financing options.Don’t miss this investment opportunity!

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Home facts

  • Year built:1958
  • Listing ID #:10217470
  • Added:10 day(s) ago
  • Updated:April 03, 2026 at 10:47 AM

Structure and exterior

  • Roof:Shingle/Shake
  • Year built:1958

Finances and disclosures

  • Price:$449,999
  • Tax amount:$3,954
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