Excellent investor opportunity. 3 rehabbed units are already leased. 4 units are currently being rehabbed on the up-and-up with code involved. Progress is looking good. New roof in 2021. New security gate and hvac systems in 2022. The seller hopes to sell the project now, but progress will continue until completed or sold. Seller has an appraisal available for as-is value. Once finalized, the property should exceed $1.1M. $150K estimated in repairs to finalize.
Sold for $695,000 on 04/19/23
$695,000
156 Clark Pl, Memphis, TN 38104
--beds
--baths
5,994sqft
Multi Family
Built in 1965
-- sqft lot
$726,300 Zestimate®
$116/sqft
$1,424 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 19, 2023 at 11:56am
Listed by:
Adam Underwood,
Heritage Homes Co.
Bought with:
Edward E Brucker
Rick Baer Realty
Source: MAAR,MLS#: 10140707
Facts & features
Interior
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Connections
Features
- Flooring: Vinyl
Interior area
- Total interior livable area: 5,994 sqft
Property
Parking
- Parking features: Asphalt/Blacktop, Enclosed, Secured
Features
- Stories: 2
- Exterior features: Sidewalks, Ceiling Fan(s)
- Fencing: Full
Lot
- Dimensions: 75 x 164.3/156
Details
- Parcel number: 017034 00041
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1965
Community & neighborhood
Security
- Security features: Security Gate
Location
- Region: Memphis
- Subdivision: Clark
Other
Other facts
- Listing terms: Conventional
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$726,300
2% more+$14,526
With Zillow Showcase(estimated)$740,826