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712 N 5th St
Memphis, TN 38107

Multifamily Property For Sale · 5 Units

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Executive Summary

Completely renovated 5 unit- 2 BR/1 BA apartment building in Uptown.
Renovations include LVT flooring downstairs, carpet upstairs, LVP, all new electrical, plumbing, HVAC units, new roof, windows, millwork/cabinetry, new sheet rock.

PROPERTY FACTS

Price Per Unit	$142,058 CAD	Lot Size	0.18 AC
Sale Type	Investment	Building Size	7,710 SF
No. Units	5	No. Stories	2
Property Type	Multifamily	Year Built	1966
Property Subtype	Apartment	Parking Ratio	0.65/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price Per Unit	$142,058 CAD
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.18 AC
Building Size	7,710 SF
No. Stories	2
Year Built	1966
Parking Ratio	0.65/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+1	5	-	-

PROPERTY TAXES

Parcel Number	00-1081-0-0007	Improvements Assessment	$51,006 CAD
Land Assessment	$10,946 CAD	Total Assessment	$61,952 CAD

PROPERTY TAXES

Parcel Number

00-1081-0-0007

Land Assessment

$10,946 CAD

Improvements Assessment

$51,006 CAD

Total Assessment

$61,952 CAD

zoning

Zoning Code	MDR (Moderate Density Residential District)
MDR (Moderate Density Residential District)

Listing ID: 26312089
Date on Market: 2022-08-02
Last Updated:
Address: 712 N 5th St, Memphis, TN 38107

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