2385 Forrest Ave, Memphis, TN 38112

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Sold Price
$405,000
List Price
$405,000
Closing Date
Jun 20, 2025
MLS#
10195571
Property Type
Multifamily
Lot Size
50X132.5
Status
CLOSED

Property Description

Great investment opportunity across from Overton Park, near Rhodes College and Christian Brothers University! This fourplex is a great opportunity for investors and/or owner occupant. 3 units are leased with upstairs unit #3 available for lease and showings! All units previously renovated and the property has been well maintained throughout the years. Each unit the same with beautiful hardwood floors, den, 1BD/1BA, full kitchen and laundry room. New Roof 2022! Professionally managed and great turnkey opportunity. Please do not disturb tenants! No showings of full property without accepted contract.

Additional Information

Annual City Tax
2124
Annual County Tax
2254
Construction
Brick/Veneer
Foundation
Conventional/Crawl Space
Hot Water
Public Sewer, Public Water
Legal Subdivision
Misses Hanson
Lot
10
Lot Size
50X132.5
New Financing
Conventional, FHA/VA, Other (Call LA)
Parking Facility
Offsite/Street
Roof
Composition
Stories
2
Subdivision
MISSES HANSON
Subtype
Fourplex
Tenant Pays
All Utilities, Cable TV, Trash Collection
Year Built
1925

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Centric Realty LLC. Selling Office: KC Enterprise, Property Manage.

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