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Local Realty Service Provided By: Coldwell Banker Collins-Maury

736 RICHMOND AVE, 
Memphis, TN 38106

$265,000


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Jonathan Nunez

Fast Track Realty, LLC.

901-767-8770

MLS#

10217072

Source:

TN MAAR

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About This Home

736 RICHMOND AVE

Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3,888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Units #1, #3, and #5 have been renovated, adding to the property’s appeal and rental potential. Unit #5 is rent ready, while Unit #2 was recently vacated and freshly painted. Unit #4 was renovated about two years ago and remains in good condition. Unit #6 has a long term tenant. Four units are equipped with gas wall heaters and two units feature newer hardwired electric heaters. *Current rents: Unit 1: $650, Unit 2: Vacant, Unit 3: $992 (Section 8), Unit 4: $600, Unit 5: Rent Ready, Unit 6: $525. Strong investment opportunity with value add potential.

Home Facts

Multi-Family

Built in 1965

Subdivision & Development:

GAITHER

Price Summary

299,900

MLS #:

10217072

Sold:

August 21, 2026


Structure

Structure

Year Built:

1965


Finances & Disclosures

Finances

Price:

$299,900

Source:TN MAAR
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