For Sale
House for sale at 1695 Ontario Ave, Memphis, TN 38127 | MLS# 10231501 | Listing updated on 2026-10-01
Photo 1 of House for sale at 1695 Ontario Ave, Memphis, TN 38127 | MLS# 10231501 | Listing updated on 2026-10-01
Photo 2 of House for sale at 1695 Ontario Ave, Memphis, TN 38127 | MLS# 10231501 | Listing updated on 2026-10-01
Photo 3 of House for sale at 1695 Ontario Ave, Memphis, TN 38127 | MLS# 10231501 | Listing updated on 2026-10-01
Photo 4 of House for sale at 1695 Ontario Ave, Memphis, TN 38127 | MLS# 10231501 | Listing updated on 2026-10-01
6+
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Street View

$1,695,000

Monthly Est:$8,437

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

1695 Ontario Ave, Memphis, TN 38127

$8,437/moEst:

Get Pre-Approved

  • Apartment

  • Built in 1974

  • $-- HOA

  • -- sqft lot

  • --/sqft

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.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: October 1, 2026 at 4:01 pm
  • Listing Provided by: Robert Newman (901) 647-7920 | RP Newman Realty LLC (901) 502-1823
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10231501 Memphis MLS (MAARMLS)-TN

Part of

Building
1695 Ontario Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Frayser

  • Year Built

    1974

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10231501

  • MLS Status

    Active

  • Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Central

  • Flooring

    Other (see Remarks)

  • Appliances

    Other (see Remarks)

  • Cooling

    Central

Construction

  • Year Built

    Year Built: 1974

  • Home type

    Apartment

  • Foundation Details

    Other (see Remarks)

  • Roof

    Other (see Remarks)

  • Construction Materials

    Other (see Remarks)

Utilities & Energy

  • Association Amenities

    Other (see Remarks)

  • Laundry Features

    Common Laundry

  • Parking Features

    Asphalt/blacktop

Other Features

  • Tenant Pays

    Other (call La)

  • Subdivision Name

    Willis

Price History

DateEventPrice

10/01/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10231501

Listed for Sale

$1,695,000

$0/sqft

Getting Around 1695 Ontario Ave

Bike Score®

Bike Score

Bikeable

53/100

Walk Score®

Walk Score

Car-Dependent

42/100

Transit Score®

Transit Score

Some Transit

29/100

Data provided by Redfin

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 12:15AM. 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.