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877 POLK AVE, 
Memphis, TN 38126

$200,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Cali Neal

Kaizen Realty, LLC.

901-221-4041

Last updated:

May 12, 2025, 10:53 PM

MLS#

10196507

Source:

TN MAAR

About This Home

877 POLK AVE

Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit is occupied by a long-term tenant, while the remaining units are ready for immediate occupancy. Previous rental rates ranged from $700 to $775, with potential to increase to $875–$900 per unit. Don't miss this chance to own a solid income-producing. Serious offers only . Do not disturb tenant.

Home Facts

Multi-Family

Built in 1957

Price Summary

200,000

MLS #:

10196507

Last Updated:

May 12, 2025, 10:53 PM

Added:

8 day(s) ago


Structure

Structure

Year Built:

1957


Finances & Disclosures

Finances

Price:

$200,000

Source:TN MAAR
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®. 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 web site is being visited.

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