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1695 Ontario Ave, Memphis, TN 38127

$1,695,000
  • 1695 Ontario Ave, Memphis, TN 38127 Main Photo

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Active
BEDS50 BATHS MLS#10231501
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWILLIS NEIGHBORHOODFrayser - East

Property Description

25 UNITS | 100% OCCUPIED | OWNER FINANCING AVAILABLE! Excellent opportunity to acquire two fully occupied multifamily buildings totaling 25 units (16 + 9) in Memphis. All units feature 2 bedrooms and 1 bathroom, generating approximately $276,000 in annual base rental income at current rents. Immediate income with established tenants and professional property management already in place and willing to remain. Potential for additional revenue growth. Ideal for investors looking to expand their portfolio or acquire a stabilized, income-producing multifamily asset. Owner financing available with acceptable terms. Purchase both buildings together or inquire about individual purchase options. Contact the listing broker for rent roll, financials, financing details and additional information. Owner/Agent.

1695 Ontario Ave | MLS# 10231501

This multi-family property located at 1695 Ontario Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $1,695,000. Search Frayser - East real estate on online.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central
Roof Type: Other (See REMARKS)
Year Built: 1974

Feature Descriptions

Units: 25

Listed By / Shown By

Listed By

Agency Name: RP Newman Realty LLC
Agency Phone: 901-502-1823

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MAAR MLS

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Estimated Payment

$ 4,266.71 per month $3,772.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $494.38 Homeowner's Insurance

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