15 S Barksdale St
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15 S Barksdale St
3 Unit Apartment Building $469,000 ($156,333/Unit) Memphis, TN 38104
Investment Highlights
- In Booming Midtown
- Full Sized Washers & Dryers
- New Roof and Completely updated Electrical & Plumbing
- Modern Kitchen Cabinets with Granite Coutertops, & Stainless Steel Appliances
- New HVAC Systems for all Units
Executive Summary
This property features 2 townhouse style units, each with spacious 2 bedrooms & 1.5 baths and 1 detached unit that offers a cozy yet sophisticated 1 bedroom & 1 bath. All units have been rehabbed with upgraded kitchens, incorporating modern luxury with timeless elegance making it an ideal investment for discerning buyers and investors alike.
Drive by only. Please do not disturb residents.
Drive by only. Please do not disturb residents.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $469,000 | Apartment Style | Townhome |
| Price Per Unit | $156,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| No. Units | 3 | Building Size | 3,361 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Price | $469,000 |
| Price Per Unit | $156,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,361 SF |
| No. Stories | 2 |
| Year Built | 1930 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $950.00 | - |
| 2+1.5 | 2 | $1,250 | - |
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Walk Score®
Very Walkable (87)
zoning
| Zoning Code | RU-4 (Residential Urban) |
| RU-4 (Residential Urban) |
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15 S Barksdale St
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