1493 GAITHER ST, Memphis, TN 38106
1493 GAITHER ST, Memphis, TN 38106
1493 GAITHER ST, Memphis, TN 38106
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$255,000
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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision Greenland Hgts

MLS Listing ID 10217289

Year Built 1970

Annual Tax Amount $2,956

Property Sub-Type Fourplex

Property Description

Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you're expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.

Location

State TN

County Shelby

Area South Memphis/61 Hwy

Interior

Heating Wall Heat

Cooling 2+ Window Units per Unit

Flooring Hardwood Throughout, Wood Laminate Floors

Laundry Connections

Exterior

Parking Features Asphalt/Blacktop, Concrete

Roof Type Composition

Building

Story 2

Foundation Slab

Water Other (See REMARKS)


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Listed by Garth Ward • eXp Realty, LLC

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