For Sale

$2,300,000

3228 S Mendenhall Rd Apt 4B, Memphis, TN 38115

1Bed
1Bath
-SqFt

1Bed
1Bath
-SqFt

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

Property Details

Cash Flowing Rental, Priced at Appraised Value! 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, 1439 Oriole St, 1715 Graggland, 2574 Sunny Hill Dr, 3224 S. Mendenhall Rd Unit 1A and 4B

Property Features

Bedrooms

Bedrooms: 1

Other Rooms

Total Rooms: 3

Bathrooms

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Heating and Cooling

Cooling Features: Central
Heating Features: Central

Interior Features

Interior Amenities: All Bedrooms Down, Heated SqFt Range: 100-999

Land Info

Lot Size Acres: 0.0226125
Lot Size Dimensions: 985
Lot Size Square Feet: 985

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

Multi-Unit Info

Unit Type: First Floor Flat

Other Property Info

Annual Tax Amount: 152
Source Listing Status: Active
County: Shelby
Directions: Right on Mendenhall
Source Property Type: Residential
Area: Hickory Hill/H.R. Mall
Property Subtype: condo
Source Neighborhood: ALDENS GATE
Parcel Number: 07-4073-F0-0091
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
Year Built Details: Existing Property
SqFt Maximum: 999
SqFt Minimum: 100

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
12/12/2024	Listed	$2,300,000	-	Memphis
01/06/2023	Sold	$30,000	$51	Public Record
12/15/2022	Listed	$35,000	-	Memphis
06/16/2021	Sold	$21,500	-	Memphis
05/28/2021	Listed	$24,900	-	Memphis
09/17/2019	Listing removed	-	-	Memphis
08/05/2019	Listed	$15,000	-	Memphis

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$269	$375	+	$4,050	=	$4,425
2022	$269	$375	+	$4,050	=	$4,425
2021	$272	$375	+	$4,050	=	$4,425
2020	$246	$375	+	$3,025	=	$3,400
2019	$246	$375	+	$3,025	=	$3,400
2018	$246	$375	+	$3,025	=	$3,400
2017	$139	$375	+	$3,025	=	$3,400

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
3224 S Mendenhall Rd Unit 1A	$2.3M	2	2	N/A	1887
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:

10174036

Data Source Copyright:

$2,300,000

3228 S Mendenhall Rd Apt 4B, Memphis, TN 38115