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3160 SPOTTSWOOD AVE, Memphis, TN 38111

Local realty services provided by:CENTURY 21 Home First Realtors
3160 SPOTTSWOOD AVE,Memphis, TN 38111
$450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: randall weatherall
Office: memphis metro realty
MLS#:10208774
Source:TN_MAAR

Price summary

  • Price:$450,000

About this home

PLEASE READ ENTIRE DESCRIPTION. Awesome chance to convert to student housing for Univ. of Memphis! The area is booming right now and this type of unit is very rare. New septic in2022; various ext./int. repairs, including unit turns!  Utility billback in place on existing leases. Large attic and basement for possible expansion into nice units. Front building has 4 units and rear building has 2 units. Units 1 & 2 have been combined into one large 3/2 unit and is rented as such right now, but can be split into a 2/1 and 1/1 for 7 units. 2/6 units occupied, bringing in $2145(rents)+$350(utilities)/month. Fixed up, this place should be bringing in $72,000+/year (+charged utilities on top) and can push over $100k with attic/basement conversions! No assignments/wholesalers. NO seller-financing.

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Home facts

  • Year built:1920
  • Listing ID #:10208774
  • Added:92 day(s) ago
  • Updated:January 30, 2026 at 06:24 PM

Heating and cooling

  • Cooling:1 Window Unit per Unit, 2+ Window Units per Unit, Central
  • Heating:Central

Structure and exterior

  • Roof:Pitched, Shingle/Shake
  • Year built:1920

Finances and disclosures

  • Price:$450,000
  • Tax amount:$5,332
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