4332 Melinda Ave, Memphis, TN 38108

$679,000

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List Price
$679,000
Status
ACTIVE
Days on Market
123
MLS#
10221338
Year Built
1969
Lot Size
20473 sf
Subdivision
THRIFTHAVEN

Property Description

4332 Melinda is a well-maintained 8-unit multifamily property located in the established Berclair area. The property features spacious 2-bedroom, 1.5-bath units equipped with stoves, refrigerators, washers, and dryers. The property is positioned directly across from an elementary school, enhancing neighborhood appeal. Currently 100% occupied, the property offers immediate and stable cash flow with scheduled monthly rental income of $6,630. Please do not disturb residents, drive by only.

Additional Information

Exterior Construction
Brick/Veneer
Stories
2
Roof
Shingle/Shake
Foundation
Slab

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Crye-Leike Commercial.

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