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Street View
$1,150,000
Monthly Est:$5,724
-- Bed
-- Bath
--sqft
1044 Delmar Ave, Memphis, TN 38105
$1,150,000
$5,724/moEst:
Get Pre-Approved
Multi Family
Built in 1912
$-- HOA
-- sqft lot
--/sqft
Description
Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 7% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments. Seller financing will be considered.
- Houzeo last checked: 11 minutes ago
- Listing updated: August 13, 2026 at 3:43 pm
- Listing Provided by: Dominey Shaw (901) 273-6577 | Myers Cobb Realtors, LLC (901) 552-4036
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10218077
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1912
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10218077
MLS Status
Active
Days on Market
179
Cumulative Days on Market
135
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Central
Heating
Central
Flooring
Vinyl Floor
Construction
Year Built
Year Built: 1912
Home type
Multi Family
Construction Materials
Wood/composition
Foundation Details
Conventional/crawl Space
Roof
Composition
Utilities & Energy
Laundry Features
None
Association Amenities
Dumpster
Parking Features
Asphalt/blacktop
Other Features
Subdivision Name
Harvey
Tenant Pays
Electric, Gas, Some Utilities
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Price Decreased | $1,150,000 -4.17% $0/sqft |
07/30/2026 Source: | Price Decreased | $1,200,000 -2.04% $0/sqft |
04/10/2026 Source: #10218077 | Listed for Sale | $1,225,000 $0/sqft |
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Sep 26, 2026, 12:30PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
