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291 Greenlaw Ave

Memphis, TN 38105
  • $749,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 10216780
$749,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

This 8 unit property features 8 - 2 bedroom units with central heating and air. The property is located just north of downtown Memphis in an area experiencing significant growth and redevelopment. It sits just north of St Jude Children's Research Hospital which is currently undergoing a $500,000 expansion. This continued investment is bringing increased employment and housing demand to the area. This is a rare value add opportunity. The scheduled monthly rents are $6,000 per month.

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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/174099640
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291 Greenlaw Ave Memphis, TN 38105

  • Price: $749,000
  • Status: Active
  • On Site: 60 Days
  • ID#: 10216780
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
Greenlaw
County:
Shelby
Area:
Harbor Town/Downtown
Property Description
This 8 unit property features 8 - 2 bedroom units with central heating and air. The property is located just north of downtown Memphis in an area experiencing significant growth and redevelopment. It sits just north of St Jude Children's Research Hospital which is currently undergoing a $500,000 expansion. This continued investment is bringing increased employment and housing demand to the area. This is a rare value add opportunity. The scheduled monthly rents are $6,000 per month.
Exterior Features

Buildings 1 Construction Brick/Veneer Foundation Slab Land Sq Ft 11021 Lot Size 74.25X148.5 Parking Facility Asphalt/Blacktop Roof PitchedShingle/Shake

Interior Features

Cooling Systems CentralGas Floors And Ceilings Parquet Floor Heating Systems Central Hot Water Electrical Improved Sq Ft 5562 Laundry None Leaseable Sq Ft 5562

Property Features

1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Actual Annual Rent 72000 Annual City Tax 1781 Annual County Tax 1856 Annual Insurance Expenses 3900 Annual Operating Expenses 3360 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 72000 Legal Subdivision Name GREENLAW Lot Number 236 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceRepairs/MaintenanceSome UtilitiesTaxesTrash Collection Other Units 0 Percent Occupancy 87 Possession Tenants Rights Sale Includes Building and LandSome Appliances Source Of Info Owner Tenant Pays Some Utilities Type Of Leases Monthly Type Of Units 2 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 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