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1961-1970 Rembert Pl , 1961,1962, 1963

Memphis, TN 38104
  • $1,650,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 10220143
$1,650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Description

100% OCCUPIED + A GATED TOWNHOME COMMUNITY in one of the most sought after investment areas in the Greater Memphis Area! A stone's throw from Chick-Fil-A and the vibrant Overton Square, this fully renovated (2019) complex features new windows, roof, flooring, granite countertops, stainless steel appliances, asphalt parking, gate, and more. All units are 2 beds/2.5 baths with a spacious living/dining combination, half bath on the main floor, and two generous upper-level bedrooms with full baths. Each unit includes 2 dedicated parking spaces and updated exterior lighting. No HOA or deed restrictions—perfect for long-term or short-term leasing with platforms like Airbnb. Located in the heart of Midtown Memphis, just minutes from Overton Park, the Memphis Zoo, the Medical District, and Midtown's best dining and entertainment. This complex makes the perfect transition into multi-family. Experience the charm and investment potential of Rembert Place!

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© 2026 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 Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-14T00:03:21.197.
www.annasnyderhomes.com/homes/175786154
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1961-1970 Rembert Pl , 1961,1962, 1963 Memphis, TN 38104

  • Price: $1,650,000
  • Status: Active
  • On Site: 19 Days
  • ID#: 10220143
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1987
Built
Neighborhood:
Rembert Place
County:
Shelby
Area:
Central Gardens
Property Description
100% OCCUPIED + A GATED TOWNHOME COMMUNITY in one of the most sought after investment areas in the Greater Memphis Area! A stone's throw from Chick-Fil-A and the vibrant Overton Square, this fully renovated (2019) complex features new windows, roof, flooring, granite countertops, stainless steel appliances, asphalt parking, gate, and more. All units are 2 beds/2.5 baths with a spacious living/dining combination, half bath on the main floor, and two generous upper-level bedrooms with full baths. Each unit includes 2 dedicated parking spaces and updated exterior lighting. No HOA or deed restrictions—perfect for long-term or short-term leasing with platforms like Airbnb. Located in the heart of Midtown Memphis, just minutes from Overton Park, the Memphis Zoo, the Medical District, and Midtown's best dining and entertainment. This complex makes the perfect transition into multi-family. Experience the charm and investment potential of Rembert Place!
Exterior Features

Buildings 3 Construction Aluminum/Steel SidingBrickWood/Composition Foundation Slab Land Sq Ft 32670 Lot Size .75 Misc Exterior Fully FencedSecurity GateSome Landscaping Parking Facility Asphalt/BlacktopEnclosedMore Than 1 Per UnitSecured Roof Composition

Interior Features

Appliances Equipment DishwasherRange/Oven (Freestanding)Refrigerator Cooling Systems CentralGas Floors And Ceilings Partial CarpetTile Heating Systems CentralGas Hot Water ElectricalPublic SewerPublic Water Improved Sq Ft 8248 Laundry Dryer in UnitEquipment OwnedWasher in Unit Leaseable Sq Ft 8248

Property Features

1 Bedroom Units 0 2 Bedroom Units 7 3 Bedroom Units 0 Actual Annual Rent 150000 Amenities Other (See REMARKS) Annual City Tax 1548 Annual County Tax 1614 Annual Insurance Expenses 4273 Annual Land Lease Payment 0 Annual Misc Income 15417 Annual Operating Expenses 3301 Assumption No Assumption Average Annual Utilities 3209 Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 200000 Legal Subdivision Name REMBERT PLACE Lot Number 14 Multifamily Type Townhouse Units New Financing ConventionalExchangeFHA/VA Operating Expenses AdvertisingRepairs/MaintenanceSome Utilities Other Units 0 Percent Occupancy 100 Possession Negotiable Sale Includes All AppliancesBuilding and Land Source Of Info Current RecordsOwner Tenant Pays Some Utilities Type Of Leases Year Type Of Units 2 BR - 1+ Baths Zoning RU-3

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of eXp Realty, LLC: 888-519-5113.



© 2026 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 Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-14T00:03:21.197.
 
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Anna Acosta Snyder | Centric Realty, LLC
813 Ridge Lake Blvd.
Memphis TN, 38120