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Street View
$1,199,000
Monthly Est:$5,968
-- Bed
-- Bath
10,500sqft
325 Greenlaw Ave, Memphis, TN 38105
$1,199,000
$5,968/moEst:
Get Pre-Approved
Apartment
Built in 1968
$-- HOA
-- sqft lot
$114/sq.ft
Description
$735,000 Assumable first position! 14 Unit complex in the heart of the medical district is a great addition to any buyers portfolio! 13/14 units are currently occupied bringing in $11,431/Month. All units are 2BR/1BA's. Over $250,000 of upgrades have been put into the complex over the last three years. Notably, a brand new roof 2 years ago and additional exterior & interior rehabs. Value-add potential exists because some rents are currently below market, rent roll of $15,500+/month once all units are renovated. Fantastic location on the corner of Greenlaw & 7th St. Minutes from downtown St. Jude Hospital, which is in the process of a 6yr 12.9 BILLION dollar expansion. Located in a high-growth corridor including new retail such as Chick-fil-A, this property is uniquely positioned to attract quality tenants and achieve full market rents. Current rent roll and T12 financials available for qualified buyers.Seller is open to holding a 2nd lien on anything over $1m for qualified offer.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 25, 2026 at 10:51 am
- Listing Provided by: Steven Strand (901) 573-2700 | Realty International, Inc. (901) 654-7589
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10211134
This condo is in:
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1968
HOA Fees
-
Finished Area
10,500 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10211134
MLS Status
Pending
Days on Market
363
Cumulative Days on Market
169
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Central
Heating
Central
Flooring
Vinyl Floor
Construction
Year Built
Year Built: 1968
Home type
Apartment
Foundation Details
Slab
Roof
Composition
Construction Materials
Brick
Utilities & Energy
Parking Features
Asphalt/blacktop
Laundry Features
Connections
Other Features
Subdivision Name
Gwynne & Gibson
Tenant Pays
All Utilities
Price History
| Date | Event | Price |
|---|---|---|
10/25/2026 Source: | Pending | $1,199,000 +9.10% $114/sqft |
07/15/2026 Source: | Price Decreased | $1,099,000 -8.34% $105/sqft |
05/14/2026 Source: | Listed for Sale | $1,199,000 $114/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 Oct 30, 2026, 08:00AM. 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.
