Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
737 Court Avenue
Memphis, TN 38105
Asking Price
$700K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8 Units | $87,500/unit <ul><li>Updated units</li><li>Walking distance to UTHSC and entertainment</li><li>Surrounded by Class A Apartments, the rents are well below market!</li><li>Each apartment boasts unique updates, ranging from minor enhancements to full-scale renovations (new flooring, contemporary cabinets and countertops, brand-new appliances, and in-unit washer/dryer)</li><li>Walking distance to diverse restaurants and University of Tennessee Health Science Center campus</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383
