Skip To Content

860 N 7TH St

Memphis, TN 38107
  • $630,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 10193402
UPDATED: 30 min ago
$630,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
n/a
Type:
Multi-Family
Built:
1960
County:
Area:

School Ratings & Info

Description

This 14-unit apartment complex features 2-bedroom, 1-bathroom units, with 6 rented on a month-to-month basis and the rest vacant. While the property requires some work, an engineering report is available to outline necessary repairs and improvements, and interior/exterior photos can be provided for review. This presents a great opportunity for an investor to add value through renovations and capitalize on rental income growth. Showings with accepted offer only. Information is deemed reliable but not guarantee buyer to do due diligence.

Monthly Payment Calculator



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-05-17T15:03:42.357.
www.yournewhomekey.com/homes/162162406
Print Image

860 N 7TH St Memphis, TN 38107

  • Price: $630,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 30 min ago
  • ID#: 10193402
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
n/a
County:
Shelby
Area:
Northaven
Property Description
This 14-unit apartment complex features 2-bedroom, 1-bathroom units, with 6 rented on a month-to-month basis and the rest vacant. While the property requires some work, an engineering report is available to outline necessary repairs and improvements, and interior/exterior photos can be provided for review. This presents a great opportunity for an investor to add value through renovations and capitalize on rental income growth. Showings with accepted offer only. Information is deemed reliable but not guarantee buyer to do due diligence.
Exterior Features

Buildings 1 Construction Other (See Remarks) Foundation Other (See Remarks) Lot Size 00x00 Parking Facility Asphalt/Blacktop Roof Other (See REMARKS)

Interior Features

Cooling Systems Other (See Remarks) Floors And Ceilings Other (See Remarks) Heating Systems Other (See Remarks) Hot Water Other (See REMARKS) Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 14 3 Bedroom Units 0 Amenities Other (See REMARKS) Annual City Tax 0 Annual County Tax 0 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name N/a Multifamily Type Apartment Complex New Financing Other (Call LA) Operating Expenses Other (Call LA) Other Units 0 Possession At Closing Sale Includes Building and Land Source Of Info Rent Roll Tenant Pays Other (Call LA) Type Of Leases Other (Call LA) Type Of Units 2 BR - 1 Bath

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Fast Track Realty, LLC: 901-767-8770.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-05-17T15:03:42.357.
 
Logo
Your New Home Key | Centric Realty LLC
813 Ridge Lake Blvd
Memphis TN, 38120