487 WILLIAMS AVE, Memphis, TN 38126
WILSON · Shelby County
Key Facts
Description
PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1964
Living Area
4,200 sq ft
Days on Market
353
MLS® Listing#
10197300
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Foundation
Roof
Financial Details
Annual Taxes
$1,335
Parcel Number
025013 00006
Directions
Get on I-240 W. Get on I-240 W. Merge onto Cummings St. Turn left onto E McLemore Ave. Turn right onto S Wellington St. Turn right onto Williams Ave.
Affordability Calculator
$73,800
Estimated monthly payment
$1,964/mo
Principal $295,200 · Est. interest $411,830 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 75
- Median Days on Market
- 1,440
- Median Sq Ft
- $125
- Median Price / Sq Ft
- 2,978
- Active Listings
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Ida B Wells Academy
School · 0.1 mi away
Larose Elementary School
Elementary · 0.2 mi away
Booker T. Washington High School - Memphis
Secondary · 0.4 mi away
Georgia Ave Elementary School
Elementary · 0.4 mi away
Martin Luther King Transition Center
School · 0.6 mi away
Hollis F. Price Middle College
Secondary School · 0.7 mi away
Soulsville Charter School
Secondary · 0.9 mi away
A. B. Hill Elementary
Elementary · 0.9 mi away
Freedom Prep
School · 0.9 mi away
Cummings Elementary School
Elementary · 1.0 mi away
Memphis Delta Preparatory
Elementary · 1.0 mi away
Southwest Success Academy
School · 1.0 mi away
St. Patrick Catholic School
School · 1.1 mi away
Aihc School of Biblical Studies
School · 1.1 mi away
Medical District High School
Secondary · 1.2 mi away
Middle College High School
School · 1.2 mi away
Circles of Success Learning Academy
School · 1.2 mi away
Lincoln Elementary School
Elementary · 1.3 mi away
Florida Kansas Elementary School
Elementary · 1.5 mi away
Bruce Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: KAIZEN Realty, LLC - 9012214041