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.
For sale
$370,000
519 Simpson Ave, Memphis, TN 38106
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- on Zillow |
- 607 |
- 76 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 11:59am
Listed by:
Jonathan Nunez,
Fast Track Realty, LLC 901-767-8770
Source: MAAR,MLS#: 10194705

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Individual Cooling
Appliances
- Included: Other (See REMARKS)
- Laundry: None
Features
- Flooring: Tile
- Basement: Crawl Space
Property
Parking
- Parking features: Concrete
Lot
- Dimensions: 72 X 125
Details
- Parcel number: 025041 00013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
- Foundation: Slab
- Roof: Shingle/Shake
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Available
Community & HOA
Community
- Subdivision: Trigg
Location
- Region: Memphis
Financial & listing details
- Annual tax amount: $1,280
- Date on market: 4/21/2025
- Listing terms: Conventional,Other (Call LA)
- Lease term: Month To Month
- Total actual rent: 2110
- Tenant pays: Electricity
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