224 East Alston Avenue

Memphis, TN 38126

$129,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great investment property near downtown Memphis. Unbelievable opportunity to add this 4 plex to your investment portfolio! Steps away from downtown developments, this vacant 4plex features two 2 bedrooms units upstairs and downstairs. The .98 acres includes adjacent vacant lot. Needs renovation but priced to sell! As is. Attached lot previously had another building that was torn down and is included in sale.Great investment property near downtown Memphis. Unbelievable opportunity to add this 4 plex to your investment portfolio! Steps away from downtown developments, this vacant 4plex features two 2 bedrooms units upstairs and downstairs. The .98 acres includes adjacent vacant lot. Needs renovation but priced to sell! As is. Attached lot previously had another building that was torn down and is included in sale.
  1. Listed by Demetris Mays-Graham • Patterson & Assoc. Real Estate • Cell: 901-568-0805

Property Details for 224 East Alston Avenue

Area
745E
MAAR Subdivision Name
CUMMINGS
Legal Subdivision Name
CUMMINGS

Location

Listing Courtesy of Patterson & Assoc. Real Estate
Add your commute
LISTING UPDATED: 05/20/2024 04:20 PM

Property Details for 224 East Alston Avenue

StatusContingent
MLS #10157553
Days on Market239
Taxes$1,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1930
Lot Size0.27 AC / 11,760 SF
CountyShelby County

Location

Listing Courtesy of Patterson & Assoc. Real Estate
Add your commute

Building Information for 224 East Alston Avenue

Stories2Residences4Year Built1930Building Size-Lot Size0.27 AC / 11,760 SF

Payment Calculator

$860 per month

30 year fixed, 7.25% Interest

Principal and Interest

$704

Property Taxes

$156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 224 East Alston Avenue

Summary
Location and General Information
  • Address: 224 E ALSTON AVE
  • Address Search Number: 224
  • Directions: North on Third street, right on Alston.
  • Map Coordinate: E
  • MLS Map Num: South Bluffs/Downtown
Taxes and HOA Information
  • Hot Water: Electrical
  • LVT Date: 09-25-2023
Property
Lot Information
  • Lot Size: 98X120
  • Lot Num: 1
  • Parcel ID: 013035 00026
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Shingle/Shake
Interior Features
  • Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 4
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: No Assumption
  • Construction: Brick
  • Cooling Systems: Other (See Remarks)
  • Existing Financing: Conventional Adjustable, Conventional Fixed
  • Heating Systems: Wall Heat
  • Laundry: None
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Source Of Info: Owner
  • Tenant Pays: Other (Call LA)
  • Type Units: 2 BR - 1 Bath, 2 BR - 1+ Baths, Unfurnished

Property History for 224 East Alston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 East Alston Avenue

Taxable ValueLand$5,880Additions$24,880Total$30,760
Tax Record2022$1,874 ($156 / month)
Home Facts
Baths1Total Finished SqFt6,360 SqFtAbove Grade Finished SqFt6,360 SqFtStories1Lot Size11,718 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningSDRCountySHELBYAPN013-035- - -00026Fireplace TypeHas Fireplace

Schools near 224 East Alston Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Larose Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Ida B Wells Academy
PublicK to 8

Memphis Health Careers Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Patterson & Assoc. Real Estate