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Sold on 11/25/2024

965 Eldridge Ave, Memphis, TN 38107

  • $86,500

    Last sold 11/25/2024 for $86.5K

  • —

    bed

  • —

    bath

  • 2,640

    Sqft ($33/Sqft)

Multi-family not for sale
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About 965 Eldridge Ave

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Great Investment Opportunity! Tenant Occupied! Don't Disturb Tenant! Brick 4-Unit Complex located near the downtown area. Each unit is a 1bed/1bath. One unit is currently occupied at $450 monthly w/lease ending 8/29/25. There is a fully renovated unit that is rented at $625 and lease ends 10/25. Units 3 & 4 need full rehabs. Professionally managed (lease, ledger, & repair history available). AS-IS Cash! No creative/owner financing, no wholesalers, or assignments. ONLINE VIDEO AVAILABLE.
Listed by
Listing Agent - Monica Bynum
Listing Office - Crye-Leike, Realtors
Source: RealTracs mls logo
MLS#3084852 • last updated 6 months ago
Movoto checked RealTracs for data 20 minutes ago
Overview
Cooling/AC Wall/Window Unit(s)
Levels/Style Quadruplex, Three Or More, 1
Type Residential Income
MLS # 3084852
Living Area 2640, Square Feet
Property Tax $ 1467
Year Built 1940
Interior
Laundry Individual
Exterior
Roof Other
Construction Brick
Amenities / Utilities
HOA Amenities Sidewalks
Location
Subdivision VICTORY COURTS
Directions HWy 240 North Exit On Chelsea Ave Left And Right On Morehead And Complex Is At The Right Corner Of Moorehead And Eldridge.
APN 21049 1
Multifamily Details
# of Units Total 4
$86.5K
Range: $77.8K-$95.1K
Last 30 days 
Rental est.: $682/month
Gross rent multiplier: 10.6
  • Jan 2026
    mls logo MLS # 3084852
  • Jan 14, 2026 Listed
    $125,000 (+44.5%)
  • Nov 25, 2024 Sold
    $86,500 (+46.6%)
  • Dec 2024
    Public Records
  • Dec 3, 2024 Sold
    $86,500
  • Apr 2019
    Public Records
  • Apr 8, 2019 Sold
    $59,000
  • Year Property taxes Tax assessment
  • 2024
    $2,463 +67.9%
    $37,400 +55.32%
  • 2023
    $1,467
    $24,080
  • 2022
    $1,467 -15.9%
    $24,080
  • 2021
    $1,743 +68.0%
    $24,080 +68.16%
  • 2020
    $1,038
    $14,320
  • 965 Eldridge Ave
    $86.5K
  • New Chicago
    $70K +5% y/y
  • 38107
    $165K -7% y/y
  • Memphis
    $169K -15% y/y
No chart available
Statistics calculated by Movoto

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3/10
Memphis Scholars Caldwell-Guthrie
charter Grades PK, K-5
Achievement School District
2/10
Manassas High School
public Grades 9-12
Shelby County Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • 965 Eldridge Ave
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