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For sale
  • $249,000

    734 Lane Ave, Memphis, TN 38105

    --beds
    --baths
    3,225sqft
    : 
    $1,680/mo
    Get pre-qualified
    Multi Family
    Built in 1953
    -- sqft lot
    $243,900 Zestimate®
    $77/sqft
    $-- HOA

    What's special

    Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).
    16 hours
    |
    39
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    August P Pacente,

    Revid Property Management, LLC 901-725-7766

    Source: MAAR,MLS#: 10226944MLS Logo

      Facts & features

      Interior

      Heating
      • Natural Gas, Wall Furnace
      Cooling
      • Other (See Remarks)
      Appliances
      • Included: Electric Water Heater, Gas Water Heater
      • Laundry: None
      Features
      • Flooring: Hardwood, Tile, Vinyl
      Interior area
      • Total structure area: 3,225
      • Total interior livable area: 3,225 sqft

      Property

      Parking
      • Parking features: Offsite/Street
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.26 Acres
      • Dimensions: 90 x 128
      Details
      • Parcel number: 001130 00010

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle/Shake
      Condition
      • Year built: 1953

      Community & HOA

      Community
      • Subdivision: Carringtons Lane Ave
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $77/sqft
      • Annual tax amount: $2,794
      • Date on market: 7/25/2026
      • Listing terms: Conventional,1031 Exchange
      • Lease term: 12 Months
      • Total actual rent: 30170
      • Tenant pays: All Utilities

        Estimated market value

        $243,900

        $232,000 - $256,000

        $936/mo

        Price history

        DateEventPrice
        7/25/2026Listed for sale$249,000+10.7%$77/sqft
        Source: MAAR #10226944 Report a problem
        12/11/2024Listing removed$525
        Source: Zillow Rentals Report a problem
        12/6/2024Price change$525-16%
        Source: Zillow Rentals Report a problem
        11/8/2024Listed for rent$625
        Source: Zillow Rentals Report a problem
        5/21/2024Sold$225,000-2.2%$70/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3094657 Report a problem
        3/20/2024Pending sale$230,000$71/sqft
        Source: MAAR #10165048 Report a problem
        3/4/2024Contingent$230,000$71/sqft
        Source: MAAR #10165048 Report a problem
        2/2/2024Listed for sale$230,000$71/sqft
        Source: MAAR #10165048 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        61 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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