3478 Tutwiler Avenue

Memphis, TN 38122

$340,000
Price
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Beds
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Description

7 Unit apartment. 4 occupied, 3 vacant. Scheduled rents are $2200/month. With the other two units filled the potential rent is $4100/month. All leases are month to month. Possession can be taken with tenants or vacant with 30 day notice.7 Unit apartment. 4 occupied, 3 vacant. Scheduled rents are $2200/month. With the other two units filled the potential rent is $4100/month. All leases are month to month. Possession can be taken with tenants or vacant with 30 day notice.
  1. Listed by Jimmy Kennedy • KAIZEN Realty, LLC

Property Details for 3478 Tutwiler Avenue

Area
751B
MAAR Subdivision Name
HIGHLAND HEIGHTS BLK 15
Legal Subdivision Name
HIGHLAND HEIGHTS BLK 15

Location

Listing Courtesy of KAIZEN Realty, LLC
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LISTING UPDATED: 10/31/2023 01:36 PM

Property Details for 3478 Tutwiler Avenue

StatusActive
MLS #10159951
Days on Market183
Taxes$3,267 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1912
Lot Size0.31 AC / 13,400 SF
CountyShelby County

Location

Listing Courtesy of KAIZEN Realty, LLC
Add your commute

Building Information for 3478 Tutwiler Avenue

Stories2Residences7Year Built1912Building Size-Lot Size0.31 AC / 13,400 SF

Payment Calculator

$2,128 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,856

Property Taxes

$272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3478 Tutwiler Avenue

Summary
Location and General Information
  • Address: 3478 TUTWILER AVE
  • Address Search Number: 3478
  • Directions: From Summer Ave and Highland head North on Highland and take a left on Tutwiler Ave.
  • Map Coordinate: B
  • MLS Map Num: Midtown/Holmes
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 10-31-2023
  • Annual Insurance Expenses: $1,800
Property
Lot Information
  • Lot Size: 67 X 200
  • Lot Num: W PT 12
  • Parcel ID: 038039 00022
  • Zoning: RU-1
Property and Assessments
  • Foundation: Conventional/Crawl Space, Partial Basement, Slab
  • Percent Occupancy: 57
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Roll
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding)
  • Floors/Ceilings: 8 Feet, Dry Wall, Hardwood Throughout, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 4
  • Num of 2 Bedroom Units: 2
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 1
  • Num of Buildings: 2
  • Num Other Units: 0
  • Annual Land Lease Payment: $0
  • Annual Misc Income: $0
  • Assumption: No Assumption
  • Average Annual Utilities: $12,000
  • Construction: Vinyl Siding
  • Cooling Systems: Other (See Remarks)
  • Existing Financing: Other (See REMARKS)
  • Gross Potential Annl Rent: $49,200
  • Heating Systems: Wall Heat
  • Land Sqft: 13400
  • Laundry: Common Laundry
  • Leaseable Sqft: 4575
  • Operating Expenses: Accounting/Legal, All Utilities, Insurance, Management, Repairs/Maintenance, Services, Taxes
  • Parking Facility: Less Than 1 Per Unit
  • Possession: At Closing, Tenants Rights
  • Sale Includes: Building and Land, No Equipment, No Furnishings, Some Appliances
  • Source Of Info: Owner
  • Tenant Pays: Other (Call LA)
  • Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath, Efficiency/Studio

Property History for 3478 Tutwiler 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 3478 Tutwiler Avenue

Taxable ValueLand$8,480Additions$42,960Total$51,440
Tax Record2022$3,134 ($261 / month)
Home Facts
Baths2Total Finished SqFt3,588 SqFtAbove Grade Finished SqFt3,588 SqFtStories1Lot Size12,807 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningRU-1CountySHELBYAPN038-039- - -00022Fireplace TypeHas Fireplace

Schools near 3478 Tutwiler 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
Treadwell Elementary School
PublicPK to 5

Treadwell Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

Aurora Collegiate 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.

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3478 Tutwiler Avenue is a multi-family home for sale in Memphis, TN 38122. This property was listed for sale on October 31, 2023 by KAIZEN Realty, LLC, it's currently listed at $340,000. It has been on the market for a total of 183 days and was last sold on July 28, 2016. This listing's school district is Shelby County Schools. Nearby schools include Treadwell Elementary School, Treadwell Middle School and Kingsbury High School. 3478 Tutwiler Avenue is a 0-bed, 0-bath, multi-family home built in 1912.

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 KAIZEN Realty, LLC