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736 RICHMOND AVE, Memphis, TN 38106

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
736 RICHMOND AVE,Memphis, TN 38106
$299,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan nunez
Office: fast track realty, llc.
MLS#:10217072
Source:TN_MAAR

Price summary

  • Price:$299,900

About this home

Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3,888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Units #1, #3, and #5 have been renovated, adding to the property’s appeal and rental potential. Unit #5 is rent ready, while Unit #2 was recently vacated and freshly painted. Unit #4 was renovated about two years ago and remains in good condition. Unit #6 has a long term tenant. Four units are equipped with gas wall heaters and two units feature newer hardwired electric heaters. *Current rents: Unit 1: $650, Unit 2: Vacant, Unit 3: $992 (Section 8), Unit 4: $600, Unit 5: Rent Ready, Unit 6: $525. Strong investment opportunity with value add potential.

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Home facts

  • Year built:1965
  • Listing ID #:10217072
  • Added:43 day(s) ago
  • Updated:May 01, 2026 at 10:47 AM

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1965

Finances and disclosures

  • Price:$299,900
  • Tax amount:$1,311
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