734 Lane Ave, Memphis, TN 38105
- $249,000
- List Price
- $249,000
- MLS#
- 10226944
- Property Type
- Multifamily
- Lot Size
- 90X128
- Status
- ACTIVE
Property Description
Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).
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Additional Information
- Actual Annual Rent
- 30170
- Annual City Tax
- 1368
- Annual County Tax
- 1426
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Electrical, Gas
- Legal Subdivision
- Carringtons Lane Ave
- Lot
- 1&2
- Lot Size
- 90X128
- New Financing
- Conventional, Exchange
- Occupancy
- 83
- Parking Facility
- Offsite/Street
- Roof
- Shingle/Shake
- Subdivision
- CARRINGTONS LANE AVE
- Subtype
- Flat/Garden Units
- Tenant Pays
- All Utilities
- Year Built
- 1953
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Listing courtesy of Revid Property Management, LLC.
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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.