508 South Main Street
Memphis, TN 38103
$1,988,000
Price
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Description
2 buildings at 508-510 s main st - 508 s. Main: Approx. 9,400 sf. It is a 3 story building with finished basement office space and rooftop observation room and deck - 1st floor is retail space. 2nd floor is a 2 bedroom 2 bath apartment. 3rd Floor is a 2 bedroom 2 bath apartment. 510 S Main: Approx. 4,700 sf. It is a 2 story building- 1st floor is retail in the front and a studio apartment in the rear. The 2nd floor is a 3 bedroom 2 Bath apartment. No leases, this was 100% owner occupied2 buildings at 508-510 s main st - 508 s. Main: Approx. 9,400 sf. It is a 3 story building with finished basement office space and rooftop observation room and deck - 1st floor is retail space. 2nd floor is a 2 bedroom 2 bath apartment. 3rd Floor is a 2 bedroom 2 bath apartment. 510 S Main: Approx. 4,700 sf. It is a 2 story building- 1st floor is retail in the front and a studio apartment in the rear. The 2nd floor is a 3 bedroom 2 Bath apartment. No leases, this was 100% owner occupied
- Listed by Chris Garland • Crye-Leike, Inc., REALTORS
Property Details for 508 South Main Street
Area
745A
MAAR Subdivision NameMERCHANTS C P & S CO
Legal Subdivision NameMERCHANTS C.P.&S CO
LISTING UPDATED: 06/27/2024 02:42 PM
Property Details for 508 South Main Street
| Status | Active |
|---|---|
| MLS # | 10174028 |
| Days on Market | 167 |
| Taxes | $11,021 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Other (See REMARKS) |
| Year Built | 1920 |
| Lot Size | 0.10 AC / 4,412 SF |
| County | Shelby County |
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Building Information for 508 South Main Street
Stories3Residences4Year Built1920Building Size-Lot Size0.10 AC / 4,412 SF
Property Information for 508 South Main Street
Summary
Location and General Information
- Address: 508 S MAIN ST
- Address Search Number: 508
- Directions: From South Main and Beale Go South on S Main, property is on the left side of street across from Bluff City Coffee, park on street to show.
- Map Coordinate: A
- MLS Map Num: South Bluffs/Downtown
Taxes and HOA Information
- Hot Water: Gas
- LVT Date: 06-06-2024
Virtual Tour
- Unbranded Virtual Tour: https://youtu.be/j2M0zRvRlZc
Property
Lot Information
- Lot Size: 25 X 176.5
- Lot Num: 8
- Parcel ID: 002114 00008
- Zoning: SMSD
Property and Assessments
- Foundation: Full Basement, Slab
- Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
- Roof: Built-Up, Pitched
Interior Features
- Appliances / Equipment: Refrigerator, Cooktop/Wall Oven, Disposal, Dishwasher, Microwave
- Floors/Ceilings: Hardwood Throughout
Multi Family
Multi-Family Information
- Num of 1 Bedroom Units: 0
- Num of 2 Bedroom Units: 2
- Num of 3 Bedroom Units: 1
- Num of Efficiency Studio Units: 1
- Num of Buildings: 2
- Num Other Units: 2
- Assumption: Other (Call LA)
- Construction: Brick
- Cooling Systems: Central
- Existing Financing: Other (See REMARKS)
- Heating Systems: Central
- Laundry: Dryer in Unit, Washer in Unit
- Operating Expenses: Other (Call LA)
- Parking Facility: Asphalt/Blacktop, Attached
- Possession: Other (Call LA)
- Sale Includes: All Appliances, Building and Land, Some Equipment, Some Furnishing
- Source Of Info: Brochure
- Tenant Pays: Other (Call LA)
- Type Units: 2 BR - 1+ Baths, 3 BR - 1+ Baths, Efficiency/Studio
Property History for 508 South Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 508 South Main Street
Taxable ValueLand$28,880Additions$152,040Total$180,920
Tax Record2023$11,021 ($918 / month)
Home Facts
Total Finished SqFt9,000 SqFtAbove Grade Finished SqFt9,000 SqFtStories2Lot Size4,400 SqFtStyleOffice BuildingYear Built1920ZoningSMCountySHELBYAPN002-114- - -00008Fireplace TypeHas Fireplace
Schools near 508 South Main Street
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Charter - | 6 to 7 | |||
| Charter - | 5 to 8 |
Rating | School | Distance |
|---|---|---|
Downtown Elementary School PublicPK to 5 | ||
B T Washington High School Public6 to 12 | ||
Kaleidoscope School of Memphis Charter6 to 7 | ||
Memphis Grizzlies Preparatory Charter School Charter5 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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Listing Courtesy of Crye-Leike, Inc., REALTORS