580 Mckinley St is a $415,000, 7 bedroom home located in Memphis, TN.
Three duplexes and one single family residence on one parcel. Great location near downtown and the Medical District. All units are 2/1. Current scheduled monthly income is $4,150. 1/1 units around the corner are renting at $750+, 2/1 units for $850+. Opportunity for a new owner to raise rents to market rates and potentially subdivide property as well. ARV $675k.
Basement | Foundation (Income) - Slab |
Appliances | Laundry (Income) - None Hot Water (Income) - Gas Hot Water (Income) - Public Water Hot Water (Income) - Public Sewer |
Interior Features | Sales Includes (Income) - No Appliances Floors / Ceilings (Income) - Tile Floors / Ceilings (Income) - Wood Laminate Floors Floors / Ceilings (Income) - Dry Wall Floors / Ceilings (Income) - 8 Feet Type Units (Income) - 2 BR - 1 Bath Type Units (Income) - Unfurnished |
Cooling Types | 1 Window Unit per Unit |
Heating Types | Heating Systems (Income) - Central Heating Systems (Income) - Gas |
Parking Types | Parking Facility (Income) - 1 Per Unit |
Exterior Features | Listing Type (Income) - Exclusive Right to Sell Type of Leases (Income) - Year Tenant Pays (Income) - All Utilities |
Roof | Roof (Income) - Composition |
Construction Types | Construction (Income) - Brick |
Property Type | Multi-Family |
Property Sub Type | Property Type (Income) - Flat/Garden Units |
Style Characteristics | For Sale |
Year Built | 1945 |
Taxes | $1,784.00 |
County | shelby |
Neighborhood | Mcgrath |
Based on information from the Memphis Area Association of Realtors, last updated 12/01/2023 at 07:14am MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.