For Sale

$2,300,000

3224 S Mendenhall Rd Unit 1A, Memphis, TN 38115

2Beds
2Baths
-SqFt

2Beds
2Baths
-SqFt

Property Type
Condo
Year Built
1969
HOA Fees
$50/mo
On highrises
2 Days

Property Details

Current rent $900 Prefect for any investor looking for high returns! Being sold as a package Price $2, 300, 000 PACKAGE SALE. 1 10 Unit-2 bed 1 bath Apartment Complex, apartment has been renovated. 2 Condo 3224 S. Mendenhall Rd, 10 Single family homes. All SFH are rented. Package includes: 1034 Patton St, 2654 Kimball Ave, 3718 Denver St, 2574 Sunny Hill Dr, 1052 Seattle St, 1403 Rayner St, 3707 Orland St, 931 Maxey St, 2574 Sunny Hill Dr, 1439 Oriole St, 1715 Graggland, 3224 S. Mendenhall Rd Unit 1A and 4B

Property Features

Bedrooms

Bedrooms: 2

Other Rooms

Total Rooms: 4

Bathrooms

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Heating and Cooling

Cooling Features: Central
Heating Features: Central

Interior Features

Interior Amenities: All Bedrooms Down, Heated SqFt Range: 1000-1199

Land Info

Lot Size Acres: 0.0433196
Lot Size Dimensions: 1, 887
Lot Size Square Feet: 1887

Garage and Parking

Parking Features: Parking Lot

Homeowners Association

Association: Yes
Association Amenities: Condominium Association
Association Fee: 50
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 50

Other Property Info

Annual Tax Amount: 239
Source Listing Status: Active
County: Shelby
Directions: turn right on Mendenall
Source Property Type: Residential
Area: Hickory Hill/H.R. Mall
Property Subtype: condo
Source Neighborhood: ALDENS GATE
Parcel Number: 07-4073-F0-0133
Subdivision: ALDENS GATE
Property Subtype: Attached Single Family
Source System Name: C2C

Building and Construction

Year Built: 1969
Building Exterior Type: Brick Veneer
Property Age: 55
Levels or Stories: 1
Structure Type: General Residential
House Style: Traditional
Year Built Details: Existing Property
SqFt Maximum: 1199
SqFt Minimum: 1000

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
12/12/2024	Listed	$2,300,000	-	Memphis
01/06/2023	Sold	$40,000	$36	Public Record
12/15/2022	Listed	$55,000	-	Memphis
02/15/2021	Sold	$30,000	-	Memphis
10/07/2020	Sold	$18,000	-	Memphis

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$423	$700	+	$6,250	=	$6,950
2022	$423	$700	+	$6,250	=	$6,950
2021	$428	$700	+	$6,250	=	$6,950
2020	$389	$700	+	$4,675	=	$5,375
2019	$389	$700	+	$4,675	=	$5,375
2018	$389	$700	+	$4,675	=	$5,375
2017	$220	$700	+	$4,675	=	$5,375

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
3228 S Mendenhall Rd Apt 4B	$2.3M	1	1	N/A	985
5578 Blossom Ln	$119K	2	2	N/A	3049
3000 New London Dr	$96K	3	2	N/A	8712
3762 Cambridge Station Dr Unit 3762	$33K	2	2	N/A	436
5271 Cambridge Station Ct Unit 5271	$31K	2	2	N/A	436
3207 Thirteen Colony Mall	$45K	2	2	N/A	871

Presented by:
Jeffrey Sample
state license#357739

Broker Location:

BARTLETT

Data Source:

Memphis

Source's Property ID:

10174039

Data Source Copyright:

$2,300,000

3224 S Mendenhall Rd Unit 1A, Memphis, TN 38115