- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$1,295,000
Monthly Est:$6,446
-- Bed
-- Bath
27,776sqft
1707 Ontario Ave, Memphis, TN 38127
$1,295,000
$6,446/moEst:
Get Pre-Approved
Apartment
Built in 1974
$-- HOA
-- sqft lot
$47/sq.ft
Description
16–25 UNIT INVESTMENT OPPORTUNITY | 100% OCCUPIED! Excellent opportunity to acquire a fully occupied, income-producing 16-unit apartment building in Memphis. All units feature two bedrooms, with significant renovations completed in 2022. Offered at $1,295,000, approximately $80,938 per unit. Investors can also acquire the adjoining 9-unit building at 1695 Ontario for a combined 25-unit portfolio price of $1,695,000—just $67,800 per unit! Established rental income, additional income potential and existing property management available to remain in place. Ideal for investors looking to expand their multifamily portfolio. Financials and rent roll available upon request. Owner financing may be considered for the combined portfolio, subject to acceptable terms. Owner/Agent
- Houzeo last checked: 10 minutes ago
- Listing updated: October 1, 2026 at 3:37 pm
- Listing Provided by: Robert Newman (901) 647-7920 | RP Newman Realty LLC (901) 502-1823
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10231495
Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
Neighborhood
Year Built
1974
HOA Fees
-
Finished Area
27,776 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10231495
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
Slab
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
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $1,295,000 $47/sqft |
Getting Around 1707 Ontario Ave
Bike Score®
Bikeable
53/100
Walk Score®
Car-Dependent
42/100
Transit Score®
Some Transit
29/100
Data provided by Redfin
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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 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.