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For sale
  • $370,000

    519 Simpson Ave, Memphis, TN 38106

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    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#: 10194705MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 519 Simpson Ave.

    Next available tour time:Today at 6pm

    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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