488 Laclede Avenue

488 Laclede Avenue

Memphis, TN 38126

$189,999
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with garden
a white toilet sitting next to a bathroom sink
a living room with a couch
a living room with furniture and a wooden floor
a bedroom with a bed and a window
a kitchen with granite countertop a stove a refrigerator and wooden cabinets
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher and wooden cabinets with wooden floor
a spacious bedroom with a bed and a fireplace
a bathroom with a glass door shower
a utility room with dryer and washer
a bathroom with a toilet sink and mirror
a living room with furniture a wooden floor and a window
a kitchen with stainless steel appliances a stove top oven and a sink
a bathroom with a bathtub and a toilet

Description

Great Cashflowing property! Large home converted in a rooming house. Currently cashflowing 3,000 a month with 6 units rented for 500 each. Fully rented this property can cashflow $5,0000 a month.Great Cashflowing property! Large home converted in a rooming house. Currently cashflowing 3,000 a month with 6 units rented for 500 each. Fully rented this property can cashflow $5,0000 a month.
  1. Listed by Christopher Batts • Myers Cobb Realtors, LLC

Property Details for 488 Laclede Avenue

Area
745E
MAAR Subdivision Name
WASHINGTON HEIGHTS BLK 1
Legal Subdivision Name
WASHINGTON HTS BLK 1

Location

Listing Courtesy of Myers Cobb Realtors, LLC
Add your commute
LISTING UPDATED: 03/22/2024 07:31 PM

Property Details for 488 Laclede Avenue

StatusActive
MLS #10163094
Days on Market132
Taxes$618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Converted House
Year Built1912
Lot Size0.33 AC / 14,250 SF
CountyShelby County

Location

Listing Courtesy of Myers Cobb Realtors, LLC
Add your commute

Building Information for 488 Laclede Avenue

Stories2Residences10Year Built1912Building Size-Lot Size0.33 AC / 14,250 SF

Payment Calculator

$1,088 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,037

Property Taxes

$52

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 488 Laclede Avenue

Summary
Location and General Information
  • Address: 488 LACLEDE AVE
  • Address Search Number: 488
  • Directions: Head West on Crump and make right on Wellington. Make right on Laclede and destination is on your left.
  • Map Coordinate: E
  • MLS Map Num: South Bluffs/Downtown
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 12-27-2023
Property
Lot Information
  • Lot Size: 75X190
  • Lot Num: 11&PT 10
  • Parcel ID: 025028 00038
Property and Assessments
  • Foundation: Other (See Remarks)
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Other (See REMARKS)
Interior Features
  • Floors/Ceilings: Hardwood Throughout
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 10
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Wood/Composition
  • Cooling Systems: Central
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Source Of Info: Current Records
  • Tenant Pays: Other (Call LA)
  • Type Units: Efficiency/Studio

Property History for 488 Laclede 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 488 Laclede Avenue

Taxable ValueLand$875Additions$9,275Total$10,150
Tax Record2022$618 ($52 / month)
Home Facts
Beds5Baths2Total Finished SqFt3,301 SqFtAbove Grade Finished SqFt3,301 SqFtStories2Lot Size1,394 SqFtStyleSingle Family ResidenceYear Built1912ZoningR-6CountySHELBYAPN025-028- - -00038Fireplace TypeHas Fireplace

Schools near 488 Laclede Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Larose Elementary School
Public - PK to 5
B T Washington High School
Public - 6 to 12
Ida B Wells Academy
Public - K to 8
Hollis F. Price Middle College High School
Public - 9 to 12
Rating
School
Distance
Larose Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Ida B Wells Academy
PublicK to 8

Hollis F. Price Middle College High School
Public9 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

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.

Homes for Sale near Washington Heights

Neighborhoods

Cities

ZIPs

More information about 488 Laclede Avenue, Memphis, TN 38126

488 Laclede Avenue is a multi-family home for sale in Memphis, TN 38126. This property was listed for sale on December 27, 2023 by Myers Cobb Realtors, LLC, it's currently listed at $189,999. It has been on the market for a total of 132 days and was last sold on September 11, 2019. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Larose Elementary School, B T Washington High School and Ida B Wells Academy. 488 Laclede 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 Myers Cobb Realtors, LLC