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670 Bethel Ave

Memphis, TN 38107
  • $300,000
  • STATUS: Pending
  • ON SITE: 309 Days
  • MLS #: 10174536
Pending
UPDATED: 66 min ago
$300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-04-19T13:04:22.433.
www.gowenpropertygroup.com/homes/151619676
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670 Bethel Ave Memphis, TN 38107

  • Price: $300,000
  • Status: Pending
  • On Site: 309 Days
  • Updated: 66 min ago
  • MLS #: 10174536
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Charles Erck
County:
Shelby
Area:
Harbor Town/Downtown
Property Description
***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.
Exterior Features

Buildings 1 Construction Brick Foundation Conventional/Crawl Space Land Sq Ft 18252 Lot Size 18252 Misc Exterior Sidewalks Parking Facility Asphalt/Blacktop Roof Composition

Interior Features

Cooling Systems Individual Cooling Floors And Ceilings TileWood Laminate Floors Heating Systems Individual Systems Hot Water ElectricalPublic SewerPublic Water Laundry Connections Leaseable Sq Ft 3144

Property Features

1 Bedroom Units 6 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 41400 Annual City Tax 1858 Annual County Tax 2331 Assumption No Qualifying Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 49000 Legal Subdivision Name Charles Erck Multifamily Type Apartment Building New Financing ConventionalExchange Operating Expenses ManagementRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Percent Occupancy 83 Possession Tenants Rights Sale Includes Building and Land Source Of Info Current RecordsLeasesOwnerProjectedRent Roll Tenant Pays Electric Type Of Leases MonthlyYear Type Of Units 1 BR - 1 Bath Zoning MD-R

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Memphis Metro Realty: 901-352-6200.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-04-19T13:04:22.433.
 
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5847 Getwell Rd, Bldg B1
Southhaven MS, 38672