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325 GREENLAW AVE, Memphis, TN 38105

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
325 GREENLAW AVE,Memphis, TN 38105
$1,199,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: steven strand
Office: realty international, inc.
MLS#:10211134
Source:TN_MAAR

Price summary

  • Price:$1,199,000

About this home

$735,000 Assumable first position! 14 Unit complex in the heart of the medical district is a great addition to any buyers portfolio! 13/14 units are currently occupied bringing in $11,431/Month. All units are 2BR/1BA's. Over $250,000 of upgrades have been put into the complex over the last three years. Notably, a brand new roof 2 years ago and additional exterior & interior rehabs. Value-add potential exists because some rents are currently below market, rent roll of $15,500+/month once all units are renovated. Fantastic location on the corner of Greenlaw & 7th St. Minutes from downtown St. Jude Hospital, which is in the process of a 6yr 12.9 BILLION dollar expansion. Located in a high-growth corridor including new retail such as Chick-fil-A, this property is uniquely positioned to attract quality tenants and achieve full market rents. Current rent roll and T12 financials available for qualified buyers.Seller is open to holding a 2nd lien on anything over $1m for qualified offer.

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Home facts

  • Year built:1968
  • Subdivision & Development:GWYNNE & GIBSON
  • Listing ID #:10211134
  • Added:323 day(s) ago
  • Updated:October 31, 2026 at 08:27 AM

Rooms and interior

  • Flooring:Vinyl Floor

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1968
  • Foundation Description:Slab

Finances and disclosures

  • Price:$1,199,000
  • Tax amount:$5,564
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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