4332 Melinda Ave, Memphis, TN 38108
- $679,000
- List Price
- $679,000
- MLS#
- 10221338
- Property Type
- Multifamily
- Lot Size
- 20473 sf
- Status
- ACTIVE
Property Description
4332 Melinda is a well-maintained 8-unit multifamily property located in the established Berclair area. The property features spacious 2-bedroom, 1.5-bath units equipped with stoves, refrigerators, washers, and dryers. The property is positioned directly across from an elementary school, enhancing neighborhood appeal. Currently 100% occupied, the property offers immediate and stable cash flow with scheduled monthly rental income of $6,630. Please do not disturb residents, drive by only.
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Additional Information
- Actual Annual Rent
- 79560
- Annual City Tax
- 2639
- Annual County Tax
- 2750
- Annual Insurance Expense
- 6248
- Construction
- Brick/Veneer
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Thrifthaven
- Lot Size
- 20473 sf
- New Financing
- Conventional
- Occupancy
- 100
- Parking Facility
- Asphalt/Blacktop
- Roof
- Shingle/Shake
- Stories
- 2
- Subdivision
- THRIFTHAVEN
- Subtype
- Apartment Building
- Tenant Pays
- Some Utilities
- Year Built
- 1969
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Listing courtesy of Crye-Leike Commercial.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.