BACK ON MARKET - 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and need light renovation to make rent ready. Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
For sale
$420,000
487 Williams Ave, Memphis, TN 38126
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 72 days
- on Zillow |
- 184 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 07:27am
Listed by:
Jeremy R Veldman,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10197300

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
- Laundry: Dryer in Unit, Washer in Unit
Features
- Flooring: Partial Carpet
Property
Parking
- Parking features: Detached, Gravel, More Than 1 Per Unit
Lot
- Size: 8,500 Square Feet
- Dimensions: 50 x 170
Details
- Parcel number: 025013 00006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle/Shake
Condition
- Year built: 1964
Community & HOA
Community
- Subdivision: Wilson
Location
- Region: Memphis
Financial & listing details
- Annual tax amount: $1,335
- Date on market: 5/22/2025
- Listing terms: Conventional
- Inclusions: Some Appliances
- Lease term: 12 Months
- Total actual rent: 3280
- Tenant pays: Some Utilities, Trash Collection, Water/Sewer
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