Excellent investment opportunity in East Memphis! Newly renovated 10-unit multifamily property conveniently located just off Walnut Grove Road. Property is currently approximately 80% occupied and generating over $8,600 per month in rental income, offering immediate cash flow with additional upside through lease-up and rent optimization. Recent improvements have enhanced the property's appeal and tenant desirability. Situated in a highly accessible location near major employment centers, shopping, dining, and transportation corridors. Whether you're looking to expand your portfolio or acquire a stabilized asset with value-add potential, this property presents a compelling opportunity. Financial information available upon request. Buyer to verify all information deemed important. DO NOT DISTURB TENANTS
Features
18 bedrooms
7232 sq. ft. floor area
cottageMulti-Family
Property history for 160 Hayden Place
2023
Sold
Undisclosed
27 Feb 2023
Happy sellers in Memphis
87%
sentiment_very_satisfied
87% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.
Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Memphis over the last 12 months.
Local market activity for 18 bedroom multi families in Memphis
Sold
For Sale
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