Gated Delmar-Lema Historic District Village with 23 units near the Medical District. 7% proforma cap rate! Units are 1 bed/1bath and have received extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. Exteriors have fresh paint and newer roofing. Entire perimeter is fenced and solar powered double entry security gate has been installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments!
For sale
$1,650,000
1044 Delmar Ave, Memphis, TN 38105
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1912
-- sqft lot
$1,573,500 Zestimate®
$--/sqft
$-- HOA
What's special
Extensive capital improvementsFresh paintInterior paintNewer roofingNew plumbingStainless steel appliancesLvp flooring
- 3 days
- on Zillow |
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- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 12:40pm
Listed by:
Dominey Shaw,
Myers Cobb Realtors, LLC 901-552-4036
Source: MAAR,MLS#: 10194802

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Flooring: Vinyl
- Basement: Crawl Space
Property
Parking
- Parking features: Asphalt/Blacktop
Features
- Fencing: Full
Lot
- Dimensions: 245 X 210
- Features: Historic District
Details
- Parcel number: 020088 00016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Composition
- Roof: Composition
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Dumpster
- Security: Security Gate
- Subdivision: Harvey
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $332,300
- Annual tax amount: $8,097
- Date on market: 4/22/2025
- Listing terms: Conventional
- Inclusions: All Appliances
- Lease term: 12 Months
- Tenant pays: Electricity, Gas, Some Utilities
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