2490 Staten Avenue

Memphis, TN 38108

$105,000
Last Sold Price
—
Beds
2,560 Sq. Ft.
$41 / Sq. Ft.
2,560
Sq. Ft.
$41
per Sq. Ft.

Description

Purpose built 4 unit on quiet street in solid rental neighborhood. All units are 1/1. One unit is occupied at $425/month. Property needs full rehab. Gross potential rents at $800/unit with ARV over $300k! Tenants pay ALL utilities!Purpose built 4 unit on quiet street in solid rental neighborhood. All units are 1/1. One unit is occupied at $425/month. Property needs full rehab. Gross potential rents at $800/unit with ARV over $300k! Tenants pay ALL utilities!
  1. Listed by Jessica Sewell • Prime Real Estate Group

Property Details for 2490 Staten Avenue

Area
742D
MAAR Subdivision Name
Vanndale Blk 4
Legal Subdivision Name
Vanndale Blk 4

Location

Listing Courtesy of Prime Real Estate Group

Sold By eXp Realty, LLC

Add your commute
LISTING UPDATED: 12/03/2023 08:22 PM

Property Details for 2490 Staten Avenue

StatusClosed
MLS #10145597
Days on Market214
Taxes$118,912 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1950
Lot Size0.17 AC / 7,200 SF
CountyShelby County

Location

Listing Courtesy of Prime Real Estate Group

Sold By eXp Realty, LLC

Add your commute

Building Information for 2490 Staten Avenue

Stories2Residences4Year Built1950Building Size-Lot Size0.17 AC / 7,200 SF

Payment Calculator

$10,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$573

Property Taxes

$9,909

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2490 Staten Avenue

Summary
Location and General Information
  • Address: 2490 STATEN AVE
  • Address Search Number: 2490
  • Directions: FROM JACKSON AVE, GO NORTH ON HOLLYWOOD, TURN RIGHT ON STATEN. PROPERTY IS ON THE LEFT.
  • Map Coordinate: D
  • MLS Map Num: Vollintine/Northside
Taxes and HOA Information
  • Hot Water: Electrical
  • LVT Date: 04-11-2023
  • Annual Insurance Expenses: $3,080
Property
Lot Information
  • Lot Size: 7,200
  • Parcel ID: 042048 00028
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Percent Occupancy: 25
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Floors/Ceilings: Tile, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 4
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: No Assumption
  • Average Annual Utilities: $0
  • Construction: Brick
  • Cooling Systems: 1 Window Unit per Unit
  • Existing Financing: Other (See REMARKS)
  • Gross Potential Annl Rent: $38,400
  • Heating Systems: Wall Heat
  • Laundry: Connections
  • Miscellaneous Exterior: Partically Fenced
  • Operating Expenses: Insurance, Repairs/Maintenance, Taxes
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing
  • Sale Includes: Building and Land, No Appliances
  • Source Of Info: Owner
  • Tenant Pays: All Utilities
  • Type Units: 1 BR - 1 Bath

Property History for 2490 Staten Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2490 Staten Avenue

Taxable ValueLand$3,160Additions$16,040Total$19,200
Tax Record2022$1,170 ($97 / month)
Home Facts
Baths1Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories1Lot Size7,187 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningRU-1CountySHELBYAPN042-048- - -00028Fireplace TypeHas Fireplace

Schools near 2490 Staten Avenue

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 - K to 5
Rating
School
Distance
Springdale Elementary School
PublicPK to 5

Grandview Heights Middle
Public6 to 8

Manassas High School
Public9 to 12

Promise Academy
CharterK 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

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Similar Sold Homes

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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 Prime Real Estate Group