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Listed price in listed location currency (USD).
$449,999

000

MLS® 10217470

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1958
MLS® Number 10217470

Property Address: 1825 Castalia St, Memphis, TN, 38114-4674

Average square foot calculated using Size range provided by listing agent.

Description

New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market.Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4, 524 (meeting the 1% rule).Each unit includes air conditioning (Central AC or PTAC units).The property is conveniently located near major distribution centers and directly across from the Kellogg’s facility, with easy access to major employment hubs. It is also approximately 15 minutes from Memphis International Airport, providing strong rental demand potential.The owner prefers traditional financing but will consider creative financing options.Don’t miss this investment opportunity!
MLS® Number10217470
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher in Unit
Exposure
Exterior
GarageNo
Approx. Age1958
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building and Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$449,999List Price
  • Commute

Commute

Starting Address
Destination Address
1825 Castalia St, Memphis, TN

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