Description
60% occupied with the 3 units currently being marketed for rent at $785, and the final one needing minor cosmetic items to be ready to market. There is huge potential with this one due to the proximity of the xAI plants in Southaven and Memphis. Furnished units are commanding a premium rent in the area with flexible leases! Conveniently located across from the Gaston Community Center and Library. This building appraised at $802k. This can also be purchased as a package with 11 other properties at $1.62 million. Total appraised value is $1.82 million for the entire package.
Details
| MLS # | 10232090 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 23 |
| Listing Provided By | CrestCore Realty MphsBrokerage | Alissa Fowler |
Features
| Units | 10 |
|---|---|
| Building(s) | 1 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | LATHAM |
| Listing VS Median (in LATHAM) | |
Price: $695,000 low | high Med: $0 On site: 23 low | high Med: | |
Market Activity 38106
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | LATHAM |
| Listing VS Median (in LATHAM) | |
Price: $695,000 low | high Med: $0 On site: 23 low | high Med: | |
Nearby Listings (Within 1/2 mile)
Price: $521K - $868K
sqft: 0 - 0
Listing Updated: October 9, 2026 at 6:09:54 PM PDT