Sold
Last Sold Price
50,050 sqft$45/sqft
2879 Beverly Hills Rd, Memphis, TN 38128
Multi FamilyProperty Type
1.43 acresLot Size
1972Year Built
$45/sq ftPrice per sq ft

Description

Fully renovated Apartment building for sale! Nearby schools include Coleman Elementary School and Youth Dimensions. The closest grocery stores are M & H Grocery, ALDI and Raleigh Springs Mall. Nearby restaurants include Dindie's Soul Food, Perignons Restaurant & Lounge and Mr V's Wings & More. 2879 Beverly Hills Rd is near Pierotti Park, Douglass Park and Gaisman Park.Fully renovated Apartment building for sale! Nearby schools include Coleman Elementary School and Youth Dimensions. The closest grocery stores are M & H Grocery, ALDI and Raleigh Springs Mall. Nearby restaurants include Dindie's Soul Food, Perignons Restaurant & Lounge and Mr V's Wings & More. 2879 Beverly Hills Rd is near Pierotti Park, Douglass Park and Gaisman Park.
  • Listed by: James Wachob • Reedy & Company, REALTORS
Listing closed: 10/03/2017 12:00 AM • Source: MAARMLS, MLS#: 10005812

Recent comparable sales

Median sold price

$2,400,000

Avg days on market

43

Sale-to-list ratio

77.6%

Memphis, TN

9 comparable properties found

1

$1,850,000

Sold 12/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
41,160
Square Feet
1.40
Acres
2

$2,400,000

Sold 05/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
39,512
Square Feet
4.28
Acres
a front view of a house with a garden
1/19
3

$2,600,000

Sold 11/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
56,144
Square Feet
1.81
Acres
4

$2,750,000

Sold 06/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
21,012
Square Feet
1.23
Acres
5

$575,000

Sold 04/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
58,226
Square Feet
3.51
Acres
6

$1,735,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,772
Square Feet
0.55
Acres
7

$2,625,000

Sold 07/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,814
Square Feet
0.77
Acres
8

$1,750,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
8,100
Square Feet
1.31
Acres
9

$2,993,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,245
Square Feet
1.19
Acres

Location

Listing Courtesy of Reedy & Company, REALTORS

Sold By Reedy & Company, REALTORS

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Payment Calculator

$12,218 per month

30 year fixed, 6.55% Interest

Principal and Interest

$11,436

Property Taxes

$781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2879 Beverly Hills Road

Property Details
  • Taxes: $9,377 / year
  • MLS Type: Multi-Family / Apartment Complex
  • Area: 735A
  • MAAR Subdivision Name: HAMMONDS ADD TO RALEIGH
  • Legal Subdivision Name: HAMMOND ADDN TO RALEIGH
Building Information
  • Residences: 58
  • Year Built: 1972
  • Lot Size: 1.43 AC / 62,500 SF
Summary
Location and General Information
  • Address: 2879 BEVERLY HILLS ST
  • Address Search Number: 2879
  • Directions: Going west on Stage Rd. turn left on Beverly Hills St which is about 3 block before Austin Peay.
  • Map Coordinate: A
  • MLS Map Num: Covington Pike - South
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 06-28-2017
  • Annual Insurance Expenses: $22,000
Property
Lot Information
  • Lot Size: 250 X 250
  • Lot Num: 34and35and
  • Parcel ID: 088007 00006
Property and Assessments
  • Amenities: Cable T.V.
  • Foundation: Slab
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher
  • Floors/Ceilings: Tile, Wood Laminate Floors
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 58
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 6
  • Num Other Units: 0
  • Annual Land Lease Payment: $0
  • Annual Operating Expenses: $147,564
  • Assumption: Must Qualify
  • Average Annual Utilities: $24,000
  • Construction: Brick/Veneer, Wood/Composition
  • Cooling Systems: Central
  • Existing Financing: Conventional Fixed
  • Gross Potential Annl Rent: $414,650
  • Heating Systems: Central, Gas
  • Laundry: Washer in Unit, Dryer in Unit
  • Miscellaneous Exterior: Curbs/Gutters, Sidewalks
  • Operating Expenses: Management, Insurance, Trash Collection, Repairs/Maintenance, Pest Control, Taxes, Advertising
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing, Tenants Rights
  • Sale Includes: Building and Land, All Appliances
  • Source Of Info: Owner
  • Tenant Pays: All Utilities
  • Type Units: 1 BR - 1 Bath, 2 BR - 1+ Baths, 3 BR - 1 Bath

Property History for 2879 Beverly Hills Road

DateEvent & SourcePriceAppreciation
Oct 3, 2017

Sold

MAARMLS #10005812

$2,250,000
Aug 1, 2017

Contract Signed

MAARMLS #10005812

Jun 27, 2017

Listed (Active)

MAARMLS #10005812

$2,300,000
DateEvent & SourcePrice
10/03/2017

Sold

MAARMLS #10005812

$2,250,000
08/01/2017

Contract Signed

MAARMLS #10005812

06/27/2017

Listed (Active)

MAARMLS #10005812

$2,300,000

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

Public Records for 2879 Beverly Hills Road

Taxable ValueLand$58,280Additions$288,000Total$346,280
Tax Record2024$22,804 ($1,900 / month)
Home Facts
Baths4Total Finished SqFt10,480 SqFtAbove Grade Finished SqFt10,480 SqFtStories1Lot Size62,465 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningRU-3CountySHELBYAPN088-007- - -00006

Schools near 2879 Beverly Hills Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Raleigh- Bartlett Meadows School
PublicPK to 5

Craigmont Middle School
Public6 to 8

Craigmont High School
Public9 to 12

City University School of Independence
Charter9 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2879 Beverly Hills Road, Memphis, TN 38128
$2,250,000
50,050
62,500
$30,000
14,810
2
20,088
52,185
962
7,500
$37,000
3
1,221
10,018
$49,000
3
2
1,184
10,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reedy & Company, REALTORS

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, Reelfoot Regional AOR 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, Reelfoot Regional AOR 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, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.