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For sale
  • $200,000

    877 Polk Ave, Memphis, TN 38126

    --beds
    --baths
    --sqft
    : 
    Quadruplex
    Built in 1957
    -- sqft lot
    $195,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit is occupied by a long-term tenant, while the remaining units are ready for immediate occupancy. Previous rental rates ranged from $700 to $775, with potential to increase to $875–$900 per unit. Don't miss this chance to own a solid income-producing. Serious offers only . Do not disturb tenant.
    7 days
    on Zillow
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    115
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    6
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    Zillow last checked: 7 hours ago

    Listing updated: May 12, 2025 at 02:01pm

    Listed by:

    Cali Neal,

    KAIZEN Realty, LLC 901-221-4041

    Source: MAAR,MLS#: 10196507MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 877 Polk Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Heating
    • Natural Gas
    Cooling
    • 1 Window Unit per Unit
    Appliances
    • Included: Gas Water Heater
    • Laundry: None
    Features
    • Flooring: Vinyl

    Property

    Parking
    • Parking features: Offsite/Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Dimensions: 58.91X114.79
    Details
    • Parcel number: 032010 00016

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick Veneer
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1957

    Community & HOA

    Community
    • Subdivision: Overton And Grosvenor
    Location
    • Region: Memphis

    Financial & listing details

    • Annual tax amount: $1,214
    • Date on market: 5/12/2025
    • Listing terms: Cash Only,Conventional,Other (Call LA)
    • Inclusions: Some Appliances
    • Lease term: Month To Month
    • Tenant pays: All Utilities
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