761 Richmond Ave, Memphis, TN 38106
- $175,000
- Sold Price
- $175,000
- List Price
- $200,000
- Status
- CLOSED
- Days on Market
- 197
- Closing Date
- Nov 26, 2025
- MLS#
- 10196578
- Year Built
- 1969
- Lot Size
- 48 X 200
- Subdivision
- MCNUTT
Property Description
Investor special with upside potential! This 4-unit multifamily property in South Memphis is 100% occupied and generating approx. $22,800 in annual NOI. Renovated in 2016, offering updated systems and layout improvements. Great location minutes from Downtown, the STAX Museum, and major transit routes. One unit remains vacant, allowing for rental upside or light owner/occupant conversion. Class D property—sold as-is. Please do not disturb tenants. Showings available with accepted offer only.
/u.realgeeks.media/emanuelpropertynetwork/acd37b7aa156-Emanuel_Martinez_print_1.JPG)
Additional Information
- Exterior Construction
- Brick
- Stories
- 2
- Roof
- Shingle/Shake
- Foundation
- Slab
Mortgage Calculator
Listing courtesy of Harris & Harris Realty Group,. Selling Office: Grand Point Realty, LLC.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 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.