See Home Value
$180,000 - $220,000
Multifamily - Off Market

1253 CANNON

Memphis, TN 38106
bedrooms
Studio
bathrooms
0 Bath

About This Property

Awesome investor deal! Converted triplex currently setup as rooming house with 12 bedrooms, 3 kitchens, and 4 bathrooms.  In great condition. Hardwoods, central hvac, and newer roof.  Downstairs fully occupied by long-term tenants. Three bedrooms upstairs vacant with kitchen and bathroom, can be rented as apt or seperately.  $3000/mth current cashflow, potential $5500/mth at under market value rents. Call for more info. *Do not disturb tenants. Showings with accepted offer.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$58
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Feb 18, 2024 No longer available -
No longer available
Feb 15, 2024 In contract -
In contract
Dec 7, 2023 Price Decreased $200,000
↓ $10K (4.8%)
Price Decreased
Nov 14, 2023 Listed $210,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$210,000 May 2, 2023
-
$207/mo
House
3 Beds
2 Baths
-
$199,900 Feb 6, 2024
-
$647/mo
House
3 Beds
2 Baths
-
$199,900 Jan 23, 2024
-
$72/mo
House
3 Beds
1 Bath
-
$164,000 Sep 1, 2023
-
$97/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1253 Cannon Street 1253 Cannon Street, Memphis, TN 38106
  • 1 Unit for Sale
More about this Building
1253 Cannon Street
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About Depot Planning District


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