1711 Pendleton St
Memphis, TN 38114
- – beds
- – baths
- – sqft
- 1963 build
- – on site
More homes
Rare opportunity for a value-add complex, just 10 minutes to FedEx & Memphis Airport, 10 Minutes to Downtown, Memphis 5 Minutes to U of M, and centrally located. Nearby schools, access to Expressway 78 units. Scheduled Gross Rental Income is $833,000. Owner willing to seller finance. 6 Units currently occupied w/ average rent of $375/mo.
Last checked:
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Last updated Apr 13, 2025
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MLS# 10156756 —
The Building
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Construction:Brick/Veneer
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Type:Apartment Complex
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Type Units:1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1 Bath
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Roof:Pitched, Shingle/Shake
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Foundation:Other (See Remarks)
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# of Buildings:2
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Total # of Units:78
Financial & Terms
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New Financing:Cash Only, Conventional, Exchange, Owner Mortgage, Private
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Terms:Owner
Location
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Map Coordinate:F
The Property
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Area:757F
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Improved SqFt:54,124 Sqft
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Land SqFt:115,652 Sqft
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Lot Size:2 Sqft
Listing Agent
- Contact info:
- Agent phone:
- (901) 268-8333
- Office phone:
- (901) 881-2070
The Listing
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Sale includes:Building and Land
Utilities
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Laundry:None
Parking
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Parking Facility:Asphalt/Blacktop
Extra Units
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1 Bedroom Units:22
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2 Bedroom Units:55
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3 Bedroom Units:1
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/29/23
Dec 29, 2023
|
Sold | MAARMLS | $1,700,000 | -12.8% |
|
9/14/23
Sep 14, 2023
|
Listed / Active | MAARMLS | $1,950,000 |
