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Sold on 07/11/2019

601 High Point Ter, Memphis, TN 38122

$230,000

Last sold 07/11/2019 for $190K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 601 High Point Ter

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
MULTIPLE OFFERS, HIGHEST AND BEST DUE 3pm 6/21. 4-Plex in High Point Terrace! All units are currently rented earning a gross potential rent over $1945 a month. Great investment property w/ 2 units recentlyupdated. Sold "AS-IS/WHERE IS". Unit 1: 2BR/1BA/DR/Laundry Rm. Unit 2: 2BR(all up)/1BA, Unit 3: 2BR/1BA. Unit 4: 1BR/1BA. DRIVE BY ONLY. Please DO NOT disturb tenants. No showings until accepted contract. Contracts are contingent upon viewing/inspection of the property.
Listed by
Listing Agent - Stephanie Rooks
Listing Office - Keller Williams Realty
Source: RealTracs mls logo
MLS#3026389 • last updated 11 months ago
Movoto checked RealTracs for data 24 minutes ago
Overview
Levels/Style Quadruplex, Three Or More, 2
Type Residential Income
MLS # 3026389
Living Area Square Feet
Property Tax $ 3298
Year Built 1950
Interior
Laundry Individual
Exterior
Roof Other
Location
Subdivision HIGHPOINT TERRACE BLK B
Directions At Summer Ave & High Point Terrace, South On High Point Terrace, Unit Located On The Right.
APN 44090 11
Multifamily Details
# of Units Total 4
$230K
Range: $135K-$324K
Last 30 days 
Rental est.: $908/month
Gross rent multiplier: 17.5
  • Aug 2025
    Public Records
  • Aug 20, 2025 Sold
    $400,000 (+110.2%)
  • Jul 2019
    mls logo MLS # 3026389
  • Jul 15, 2019 Sold
    $190,250
  • Jul 2019
    Public Records
  • Jul 12, 2019 Sold
    $190,250 (+73.0%)
  • Sep 2006
    Public Records
  • Sep 21, 2006 Sold
    $110,000
  • Year Property taxes Tax assessment
  • 2024
    $4,367 +33.6%
    $66,320 +23.55%
  • 2023
    $3,270
    $53,680
  • 2022
    $3,270 -15.9%
    $53,680
  • 2021
    $3,886 +22.0%
    $53,680 +22.11%
  • 2020
    $3,185
    $43,960
  • 601 High Point Ter
    $190K
  • High Point Terrace
    $344K +3% y/y
  • 38122
    $162K -7% y/y
  • Memphis
    $168K -13% y/y
No chart available
Statistics calculated by Movoto

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6/10
Grahamwood Elementary School
public Grades PK, K-5
Shelby County Schools
4/10
Treadwell Middle School
public Grades 6-8
Shelby County Schools
2/10
Kingsbury High School
public Grades 9-12
Shelby County Schools
Source: GreatSchools.org © 2026. All rights reserved.

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