487 Williams Ave, Memphis, TN, 38126
--beds
--baths
4,200sqft
$369,000
$88price/sqft
$3,033/moest. monthly cost
$121,320/yrincome needed
About This Home
PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
Getting Around
56
Somewhat Walkable32
Some Transit62
BikeableSchools
4/10
3/10
Construction
Condition
- Year built: 1964
Materials
- Foundation: Slab
- Roof: Shingle/Shake
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Washer in Unit,Dryer in Unit
Features
- Flooring: Partial Carpet
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 4,200 sqft
Property
Details
- Parcel number: 025013 00006
Lot
- Lot size: 8,500 sqft
- Lot size dimensions: 50 x 170
Parking
- Parking features: Gravel,Detached,More Than 1 Per Unit