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For sale
  • Price cut: $6K (8/18)
    $329,000

    285 Lucy Ave, Memphis, TN 38106

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $311,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Renovated kitchensUpdated laminate flooringNew light fixtures
    Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units (CAN BE VIEWED). One unit is rented at $950 and the other one is $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling. Professionally Managed (Lease, Ledgers, Maintenance History, & Pics at Request). Pictures of units are before tenants moved in. No wholesalers, assignments, or creative financing.
    182 days
    on Zillow
    |
    76
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 17, 2025 at 05:11pm

    Listed by:

    Monica N Bynum,

    Crye-Leike, Inc., REALTORS 901-756-8900,

    Tyler Tapley,

    Crye-Leike, Inc., REALTORS

    Source: MAAR,MLS#: 10190234MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 285 Lucy Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Individual Systems
    Cooling
    • Individual Cooling
    Appliances
    • Laundry: Connections
    Features
    • Flooring: Wood Laminate Floors

    Property

    Parking
    • Parking features: Concrete, Attached
    Features
    • Stories: 2
    • Exterior features: Sidewalks
    • Fencing: Partial
    Lot
    • Size: 6,250 Square Feet
    • Dimensions: 50 x 125
    Details
    • Parcel number: 013023 00005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle/Shake
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Latham & Simpson
    Location
    • Region: Memphis

    Financial & listing details

    • Annual tax amount: $819
    • Date on market: 2/17/2025
    • Listing terms: Other (Call LA)
    • Lease term: 12 Months
    • Tenant pays: All Utilities
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