1018 North 7th Street

Memphis, TN 38107

$749,900
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of a balcony with wooden floor and fence
a view of backyard with large trees and wooden fence
a view of front door
a view of an empty room with wooden floor and a window
a view of kitchen with wooden floor
a view of a kitchen with sink and dishwasher with wooden floor
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a bathroom with a sink a toilet and a bathtub
a bathroom with a toilet a sink a mirror and vanity
wooden floor in an empty room with a window
a view of room with window and wooden floor

Description

Newly renovated 8-unit apartment building, fully occupied with low maintenance. Tenants cover utilities and trash. Secure, quiet building with easy leasing and additional income from appliance rentals. Prime location just minutes from Downtown Memphis, St. Jude, and the Snuff District redevelopment. A fantastic investment opportunity in a high-demand area! Do not disturb tenants!Newly renovated 8-unit apartment building, fully occupied with low maintenance. Tenants cover utilities and trash. Secure, quiet building with easy leasing and additional income from appliance rentals. Prime location just minutes from Downtown Memphis, St. Jude, and the Snuff District redevelopment. A fantastic investment opportunity in a high-demand area! Do not disturb tenants!
  1. Listed by Cortney Lester • Franchise Realty, LLC

Property Details for 1018 North 7th Street

Area
741B
MAAR Subdivision Name
WEAKLEY
Legal Subdivision Name
WEAKLEY
LISTING UPDATED: 11/13/2024 09:29 PM

Property Details for 1018 North 7th Street

StatusActive
MLS #10185142
Days on Market10
Taxes$1,518 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1964
Lot Size0.28 AC / 12,000 SF
CountyShelby County

Building Information for 1018 North 7th Street

Stories2Residences8Year Built1964Building Size-Lot Size0.28 AC / 12,000 SF

Property Information for 1018 North 7th Street

Summary
Location and General Information
  • Address: 1018 N SEVENTH ST
  • Address Search Number: 1018
  • Directions: North of 7th street. Building on right side
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-14-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Harbor Town/Downtown
Taxes and HOA Information
  • Hot Water: Electrical
  • LVT Date: 11-13-2024
Property
Lot Information
  • Lot Size: 60 X 200
  • Lot Num: 2
  • Parcel ID: 022034 00055
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
  • Syndicate Listing To: Zillow Group
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: 8 Feet, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 8
  • 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/Veneer
  • Cooling Systems: Individual Cooling
  • Existing Financing: Conventional Fixed
  • Heating Systems: Individual Systems
  • Laundry: Washer in Unit
  • Operating Expenses: Insurance, Management, Repairs/Maintenance, Taxes
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing
  • Sale Includes: All Appliances, Building Only
  • Source Of Info: Rent Roll
  • Tenant Pays: All Utilities, Trash Collection
  • Type Units: 2 BR - 1 Bath

Property History for 1018 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1018 North 7th Street

Taxable ValueLand$12,000Additions$12,920Total$24,920
Tax Record2023$1,518 ($127 / month)
Home Facts
Baths1Total Finished SqFt5,728 SqFtAbove Grade Finished SqFt5,728 SqFtStories1Lot Size11,979 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningMDRCountySHELBYAPN022-034- - -00055Fireplace TypeHas Fireplace

Schools near 1018 North 7th Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Downtown Elementary School
Public - PK to 5
Humes Preparatory Academy Middle School
Charter - 6 to 8
Manassas High School
Public - 9 to 12
KIPP Memphis Collegiate Middle
Charter - 6 to 8
Rating
School
Distance
Downtown Elementary School
PublicPK to 5

Humes Preparatory Academy Middle School
Charter6 to 8

Manassas High School
Public9 to 12

KIPP Memphis Collegiate Middle
Charter6 to 8

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.

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More information about 1018 North 7th Street, Memphis, TN 38107

1018 North 7th Street is a multi-family home for sale in Memphis, TN 38107. This property was listed for sale on November 13, 2024 by Franchise Realty, LLC, it's currently listed at $749,900. It has been on the market for a total of 10 days and was last sold on March 2, 2022. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Downtown Elementary School, Humes Preparatory Academy Middle School and Manassas High School. 1018 North 7th Street is a 0-bed, 0-bath, multi-family home built in 1964.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Franchise Realty, LLC