1088 NATIONAL AVE, Memphis, TN 38122
POPE · Shelby County
Key Facts
Description
National is a 15-unit investment opportunity with a 14-unit multifamily plus a separate 3-bedroom single-family. The units are all 2-bedrooms equipped with central heating and air, along with stoves and refrigerators. The single-family home offers central heating and air, a stove, refrigerator, and washer and dryer for added tenant appeal. Current scheduled gross monthly income is $10,900, providing immediate cash flow. Please do not disturb tenants, drive by only.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1965
Stories
2
Living Area
10,304 sq ft
Lot Size
18,992 sq ft
Days on Market
3
MLS® Listing#
10221404
Property Features
Appliances
Cooling
Heating
Flooring
Laundry
Construction
Foundation
Roof
Financial Details
Annual Taxes
$8,112
Parcel Number
038049 00016C
Directions
Take Summer (W) past Highland to National. Go (N) on National to 1088 National. Offering also includes 1076 National (3br-single family)
Affordability Calculator
$214,800
Estimated monthly payment
$5,716/mo
Principal $859,200 · Est. interest $1,198,660 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,432
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 2,906
- Active Listings
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Getting Around
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Brinkley Heights Urban Academy
School · 0.3 mi away
Treadwell Elementary
Elementary · 0.3 mi away
Treadwell Middle School
Secondary · 0.4 mi away
Collegiate School of Memphis
Secondary · 0.8 mi away
Douglass Head Start
Secondary · 1.0 mi away
Douglass K-8 Optional School
Elementary · 1.2 mi away
Gateway Christian Schools
Secondary · 1.2 mi away
Kingsbury High School
Secondary · 1.2 mi away
Kingsbury Middle School
Secondary · 1.2 mi away
Grahamwood Elementary
Elementary · 1.2 mi away
Saint Michael Parish
School · 1.3 mi away
Compass Community School Berclair Campus
Elementary · 1.3 mi away
Kingsbury Vocational School
Secondary · 1.3 mi away
Kingsbury Elementary School
Elementary · 1.3 mi away
Memphis Virtual School
Elementary · 1.4 mi away
Memphis Heritage Christian School & Little Heritage Enrichment Center
School · 1.4 mi away
Memphis Academy of Health Sciences
School · 1.5 mi away
Lester Prep
Elementary · 1.7 mi away
Promise Academy
School · 1.7 mi away
William H. Brewster Elementary
Elementary · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2116 HOWELL AVE, Memphis, TN | $900,000 | 50 | — | 16,416 |
| 1744 N GRAHAM ST, Memphis, TN | $1,299,999 | 42 | — | — |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: Crye-Leike Commercial - 9017585670