Back 519 Simpson Avenue
Off Market

519 Simpson Avenue

Memphis TN 38106

3618 sq. ft.
Other
Last sold for $326,000
Jonathan NunezJonathan Nunez, last sold this property on 19 May 2025 after 28 days on market.

Overview

Investor's Dream! Don’t miss out on this six-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom. Can potentially generate $7,080 in monthly rental income, with section 8 tenants. Each unit has its own electric meter, keeping expenses streamlined.

Features

3618 sq. ft. floor area
Other

Estimated Value

Based on this property and similar other properties sold in Memphis over the last 12 months, the estimated median property value of 519 Simpson Avenue is $326k.

Median value
$326k
Estimated value range
$9k - $400k
Median days on market
24
Estimated value trend
166%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 519 Simpson Avenue

2025
Sold
$326,000
19 May 2025 by Jonathan Nunez, of Fast Track Realty
2021
Sold
$155,000
07 Jul 2021

Happy sellers in Memphis

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We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.

Local market activity for other properties in Memphis

In the last 12 months, 2 other properties similar to 519 Simpson Avenue, have been sold.

This represents a 72% increase in other properties sales when compared to the previous 12 months.

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