1493 Gaither St

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Description

Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value....Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you’re expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.
  1. Listed by Garth Ward • eXp Realty, LLC

Property Details for 1493 Gaither Street

Area
747B
MAAR Subdivision Name
GREENLAND HEIGHTS
Legal Subdivision Name
GREENLAND HGTS
LISTING UPDATED: 03/20/2026 03:34 PM

Property Details for 1493 Gaither Street

StatusActive
MLS #10217289
Days on Market56
Taxes$2,956 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size0.17 AC / 7,500 SF
CountyShelby County

Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 1493 Gaither Street

Stories2Residences4Year Built1970Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$1,631 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,385

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1493 Gaither Street

Summary
Location and General Information
  • Address: 1493 GAITHER ST
  • Address Search Number: 1493
  • Directions: Building is on the right. Next to the playground
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 03-20-2026
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: South Memphis/61 Hwy
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 03-20-2026
Property
Lot Information
  • Lot Size: 50 X 150
  • Lot Num: 5
  • Parcel ID: 034060 00006
Property and Assessments
  • Foundation: Slab
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Floors/Ceilings: Hardwood Throughout, Wood Laminate Floors
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 4
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: No Assumption
  • Construction: Brick
  • Cooling Systems: 2+ Window Units per Unit
  • Existing Financing: Conventional Fixed
  • Heating Systems: Wall Heat
  • Laundry: Connections
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Asphalt/Blacktop, Concrete
  • Possession: At Closing
  • Sale Includes: No Furnishings, Some Appliances
  • Source Of Info: Owner
  • Tenant Pays: Other (Call LA)
  • Type Units: 2 BR - 1 Bath

Property History for 1493 Gaither Street

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

REALTRACS #3163433

$275,000—
Mar 20, 2026

Listed (Active)

MAARMLS #10217289

$275,000—
Feb 13, 2026

Temporarily Off Market

MAARMLS #10189939

—
DateEvent & SourcePrice
03/20/2026

Listed (Active)

REALTRACS #3163433

$275,000
03/20/2026

Listed (Active)

MAARMLS #10217289

$275,000
02/13/2026

Temporarily Off Market

MAARMLS #10189939

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For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1493 Gaither Street

Taxable ValueLand$5,040Additions$51,040Total$56,080
Tax Record2024$3,693 ($308 / month)
Home Facts
Baths1Total Finished SqFt2,850 SqFtAbove Grade Finished SqFt2,850 SqFtStories1Lot Size7,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1970Year Renovated1980ZoningCMU-1CountySHELBYAPN034-060- - -00006Fireplace TypeHas Fireplace

Schools near 1493 Gaither Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
A B Hill Elementary School
PublicPK to 5

Riverview Middle School
PublicPK to 8

Hamilton High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1493 Gaither Street is a multi-family home for sale in Memphis, TN 38106. This property was listed for sale on March 20, 2026 by eXp Realty, LLC, it's currently listed at $275,000. It has been on the market for a total of 56 days and was last sold on May 14, 2024. This listing's school district is Shelby County Schools. Nearby schools include A B Hill Elementary School, Riverview Middle School and Hamilton High School. 1493 Gaither Street is a 0-bed, 0-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.