1695-1707 Ontario Avenue, Unit 125

Memphis, TN 38127

$1,950,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Newly renovated 25- 2 bed/1 bath units 1695 &1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 85% occupiedNewly renovated 25- 2 bed/1 bath units 1695 &1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 85% occupied
  1. Listed by Robert Newman • RP Newman Realty LLC

Property Details for 1695-1707 Ontario Avenue, Unit 125

Area
7263
MAAR Subdivision Name
Frayser MF Submart
Legal Subdivision Name
IDLEWOOD APTS

Location

Listing Courtesy of RP Newman Realty LLC
Add your commute
LISTING UPDATED: 02/06/2024 08:19 PM

Property Details for 1695-1707 Ontario Avenue, Unit 125

StatusActive
MLS #10165391
Days on Market83
Taxes$8,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1974
Lot Size1.00 AC / 43,560 SF
CountyShelby County

Location

Listing Courtesy of RP Newman Realty LLC
Add your commute

Building Information for 1695-1707 Ontario Avenue, Unit 125

Stories2Residences25Year Built1974Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$11,327 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1695-1707 Ontario Avenue, Unit 125

Summary
Location and General Information
  • Address: 1695, 1707 ONTARIO AVE
  • Address Search Number: 1695
  • Directions: Get on I-40 E/I-55 S from Stephen Blvd and S Service Rd 2 min (0.6 mi) Follow I-40 E to N Watkins St in Memphis. Take exit 3 from I-40 11 min (11.7 mi) Follow N Watkins St to Ontario Ave 2 min (0.6 mi) 1695 Ontario Ave
  • Map Coordinate: 3
  • MLS Map Num: Frayser/Whitney
Taxes and HOA Information
  • Hot Water: Electrical
  • LVT Date: 02-06-2024
  • Annual Insurance Expenses: $16,800
Property
Lot Information
  • Lot Size: 1 acre
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 85
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: Partial Carpet, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 25
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 4
  • Num Other Units: 1
  • Annual Operating Expenses: $7,500
  • Assumption: Other (Call LA)
  • Average Annual Utilities: $7,200
  • Construction: Brick, Wood/Composition
  • Cooling Systems: Central, Electrial
  • Existing Financing: Clear
  • Gross Potential Annl Rent: $268,500
  • Heating Systems: Central, Electrical
  • Laundry: Common Laundry
  • Operating Expenses: Insurance, Management, Repairs/Maintenance, Some Utilities, Taxes
  • Parking Facility: Asphalt/Blacktop
  • Possession: 30 Days or Less
  • Sale Includes: Some Appliances
  • Source Of Info: P/L Statement, Rent Roll
  • Tenant Pays: All Utilities, Pet Depost, Security Deposit, Water/Sewer
  • Type Units: 2 BR - 1 Bath

Property History for 1695-1707 Ontario Avenue, Unit 125

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1695-1707 Ontario Avenue, Unit 125

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

Grandview Heights Middle
Public6 to 8

Martin Luther King Preparatory High School
Charter9 to 12

Delano Elementary School
PublicPK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1695-1707 Ontario Avenue, Unit 125 is a multi-family home for sale in Memphis, TN 38127. This property was listed for sale on February 6, 2024 by RP Newman Realty LLC, it's currently listed at $1,950,000. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Whitney Achievement Elementary School, Grandview Heights Middle and Martin Luther King Preparatory High School. 1695-1707 Ontario Avenue, Unit 125 is a 0-bed, 0-bath, multi-family home built in 1974.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RP Newman Realty LLC