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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
  • Subdivision & Development:GAITHER
  • Listing ID #:10217072
  • Added:147 day(s) ago
  • Updated:August 08, 2026 at 12:17 PM

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1965

Finances and disclosures

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