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Listed price in listed location currency (USD).
$500,000

000

MLS® 10208774

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 60
Approx. Age 1920
MLS® Number 10208774

Property Address: 3160 Spottswood Ave, Memphis, TN, 38111-3138

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10208774
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelConnections
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building and Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 30, 2025List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
3160 Spottswood Ave, Memphis, TN

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